Tagged in Root

Root raises $350M

Root Insurance, the largest property casualty InsurTech in the country, announced today $350 million in Series E funding. Root has now raised a total of $523 million in funding, with…

Root and Owlcam enter pilot

Root announced a partnership and pilot program with Owlcam that will utilize Owlcam’s video security and safety system to streamline insurance claims. “At Root, we’re dedicated to promoting driver safety….

Root Insurance Joins the Verisk Data Exchange

Verisk, a leading data analytics provider, announced that Root has joined the Verisk Data Exchange in the US. As a participating insurer, Root will gain access to insurance-ready driving data…

Root Raises $350M

According to the WSJ, has raised $350m in a new round of funding that values the company at around $3.65b. The round will be led by new investors Coatue Management…

Root Insurance Expands Leadership Team

Root announced two changes on their executive team. Daniel Rosenthal will join the insurer as the company’s new Chief Financial Officer, effective November 11, 2019, “bringing significant growth and operational…

Root Insurance Available in California

announced its entry into California and is now available to 60% of the U.S. population. “Root brings unparalleled personalization and control to the auto insurance market in California. Through the Root…

Goodyear Teams with Root

As part of a collaboration between The Goodyear Tire & Rubber Company and Root Insurance Company, Goodyear will offer tire purchase and installation services to Root’s policyholders through Goodyear’s industry-leading…

Root’s Key Problems

Baseball is a game of numbers. So much so that the Major League Baseball site features 72 standard stats which “help tell the tales of the game millions love.” One…

Root Partners with Genpact to Streamline Claims

Professional services firm Genpact and digital auto insurer announced they are partnering “to further Root’s vision of reinventing the auto insurance industry.” The partnership will focus on optimizing claims and improving…

Modern Attractions: SoFi Partners with Lemonade & Root

announced two new partnerships in the insurance space to offer homeowners and renters insurance through and auto insurance through . The news follows SoFi’s partnership with around life insurance. “Protecting yourself…

Root Shares Data on Distracted Driving

Digital insurer is sharing data on distracted driving obtained from drivers in 22 states who used their app for a test drive in 2018. With this “first-of-its-kind data,” the company is…

Root May Be Up to Something

Root, the auto insurer valued at $1b that’s looking to transform the car insurance world and reinvent a broken industry, may be up to something. Since December 2018, the Columbus,…

Root Insurance Announces 2019 Continued Expansion

After a groundbreaking year, Root Insurance, the first and only car insurance company that prices every policy primarily on actual driving behavior, announced today plans for continued expansion into additional…

Root to Reward Safe Drivers Post Purchase

has announced a revised pricing model – drivers who avoid mobile device use while driving can save up to an additional 10% on their insurance quote. “According to our recent Root…

Snap Your License: Insurance Use Cases

1. Baloise Group     The Swiss insurer recently introduced a new capability to allow policyholders to submit claims for car or liability insurance using chat, web and/or voice. A…

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