ROOT INC/OH -CLASS A (ROOT)

Company Profile

Root, Inc. is a technology insurance company, which engages in the provision of insurance services. The company is headquartered in Columbus, Ohio and currently employs 680 full-time employees. The company went IPO on 2020-10-28. The firm operates through its subsidiaries, including Root Insurance Company, Root Property & Casualty Insurance Company and Root Reinsurance Company, Ltd. The firm is a technology insurance company operating a direct-to-consumer model with its personal insurance customers acquired through mobile apps. The company offers auto and renters insurance products underwritten by Root Insurance Company and Root Property & Casualty. The Company, by collecting and synthesizing sensory behavioral data across thousands of driving variables, including distracted driving, it strives to price auto insurance based more on causality than correlation. The company uses telematics, mobile technology and its digital platform to collect data points that it evaluates in pricing and underwriting certain of its insurance policies, managing claims and customer support, and improving business processes. Its primary focus is on the United States auto insurance market.

Company Info

ROOT INC/OH -CLASS A

80 E Rich St Ste 500

Columbus OHIO

P: 16145914568

Employees: 680

Website: https://joinroot.com/