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| 1 through 20 of
63 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
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Insurtech Root Names Head of Growth UK
American equivalent, according to a company statement. In April, Root Inc. said it was partnering with Hyundai Motor Group's captive finance company, a move they said would offer ...
Source: BestWire Date: May 28, 2025
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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
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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
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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
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Former Root Executive Pleads Guilty to Stealing $10.2 Million
Chief Marketing Officer Brinson "B.C." Silver has pleaded guilty to embezzling $10.2 million from the company beginning from virtually the day he started as CMO. Silver pleaded ...
Source: BestWire Date: November 29, 2023
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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
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Former Root CMO Facing Detention Hearing
Magistrate Judge Kimberly A. Jolson will hold the hearing for Silver, who was fired after the company learned he allegedly looted the insurtech of at least $9.4 million (BestWire, ...
Source: BestWire Date: June 22, 2023
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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
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