Shares of Lemonade (NYSE: LMND) were looking refreshing to investors today, jumping on better-than-expected results in its first-quarter earnings report as the insurance disruptor topped estimates on the top and bottom lines.

As of 1:08 p.m. ET, the stock was up 23.2%.

Lemonade continues to put up strong growth as it attempts to disrupt the massive insurance industry. In-force premium, meaning premiums that are currently active, rose 56% to $653 million and its customer base grew 23% to 1.86 million.

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Source Fool.com