Lemonade Is Betting Everything on AI Insurance. Should Investors Follow?

Lemonade shares are down 20% in 2026 but up 194% over three years. The company reported a 23% jump in customers to over 3.1 million and 71% revenue growth in Q1. It uses AI tools Maya and Jim to sign up policies in 90 seconds and pay claims instantly. The net loss was $165.5 million in 2025.