BlackRock Agrees to $300M Loan for Root Insurance January 27, 2022 Days after it announced it had to lay off 330 employees due to worsening loss costs, auto insurer Root Insurance...
Startup Auto Insurer Root Reports $363M Loss in 2020; Will Spend to Grow in 2021 March 4, 2021 Root Inc.’s second earnings report as a public company reveals that the digital auto insurance startup continues to lose substantial...
Watch Out Insurtechs: Nationwide Readies Own Digital Auto Insurance Platform October 1, 2019 By Mark Hollmer Nationwide plans on striking hard against digital insurer upstart competitors with the debut of Spire, a digital auto insurance platform...
Startup Auto Insurer Root Raises $51 Million for Further Expansion March 27, 2018 Columbus, Ohio-based auto insurer Root Insurance, which incorporates individual driver behavior data from mobile phone apps in every quote, announced...