MS&AD Ventures participated in the round.

Porsche also offers traditional car insurance. 

Aviva Canada will initially offer the coverage to clients in areas such as construction and landscaping. 

The new venture is led by Dario Renato Morph. 

Overhaul operates an insurance agency.

Completion is subject to customary closing conditions.

The round was co-led by FinTLV Ventures and Harel Insurance.

The transaction is expected to close in H1 2023.

Lemonade's number of customers per employee was approximately 1,300 as of December 31, 2022.

Espinel joined Lemonade from Spotify in October 2018.

Bateman was terminated for cause in accordance with the terms of his executive employment agreement.

KBC Insurance is the underwriter.

Mercado Pago will begin offering insurance in its third country.

Luminar is launching its own insurance initiative.