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| 1 through 20 of
48 matching documents, best matches first. Sort by date |
Root Expands Telematics-Based Auto Coverage to New Jersey Insurtech Root has launched automobile insurance coverage in New Jersey, its 37th state. The company said it now reaches more than 80% of the U.S. population and plans to offer ... Source: BestWire Date: July 27, 2026 Subscription or Purchase Required
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Root Turns First Profit in Insurtech's History For the first time since it launched in 2020, insurtech Root Inc. has turned a profit. Root recorded a third-quarter net income of $22.8 million, compared with a loss of $45.8 ... Source: BestWire Date: November 1, 2024 Subscription or Purchase Required
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Root Loss Narrows to $24 Million in Fourth-Quarter 2023 Root Inc. reported a narrowing net loss of $24 million for the fourth quarter of 2023, a development it said was driven by loss ratio improvement and fixed expense management. The ... Source: BestWire Date: February 21, 2024 Subscription or Purchase Required
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Insurtech Root Expands Exec's Role to CTO and President Root said Alex Astengo joined the company as U.K. country manager, based in London (BestWire, Jan. 23, 2024). (By Barbara Edwards, BestWire: Barbara.Edwards@ambest.com) Source: BestWire Date: February 21, 2024 Subscription or Purchase Required
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Insurtech Root Narrows Third-Quarter Net Loss to $45.8 Million Executive Officer Alex Timm said during an earnings conference call. "Management's top priority remains driving Root to profitability," said Timm, by reaching target loss ratios, ... Source: BestWire Date: November 2, 2023 Subscription or Purchase Required
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Update: Insurtech Root Fires Chief Financial Officer ...Corrects the year of hire in fourth paragraph.) Insurtech Root Inc. said it fired Chief Financial Officer and Treasurer Rob Bateman for cause less than 11 months after he joined ... Source: BestWire Date: March 2, 2023 Subscription or Purchase Required
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Insurtech Root Alleges Ex-CMO Diverted $9.4 Million to Himself Collateral Damage, a company Silver owned. No one in Root management or the board knew about the transactions, or Silver's association to Collateral Damage, it said. The complaint ... Source: BestWire Date: February 7, 2023 Subscription or Purchase Required
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