ROOT vs. LMND: Which InsurTech Has More Upside Potential?

InsurTechs — technology-led insurers — are trying hard to be game changers, leveraging technologies like AI, telematics, data-driven underwriting and machine learning, among others. Yet, ROOT Inc. (ROOT) and Lemonade (LMND) — two U.S.-based insurTech companies — continue to face challenges due to lowered interest rate, increased competition, inflation, higher cost of repair and increased pressure to achieve and sustain profitability. Given heightened regulatory scrutiny with respect to data and pricing mode ...