Root Insurance News

Ohio’s Root Insurance Now Offering Homeowners Coverage

Columbus, Ohio-based insurtech, Root Insurance, has launched Root Home, a homeowners insurance program that is available in 13 states. Root Insurance customers who bundle with new or existing auto policies will save 10% on homeowners insurance, the company said. The …

Reavis Named Chief People Officer at Ohio Insurtech Root

Columbus, Ohio-based Root Inc., the parent company of online insurer Root Insurance, has appointed Annette Reavis as its first chief people officer. Reavis has more than 20 years of human resource and business experience. She previously spent a decade at …

Insurtech Root Expands Into Renters Market; Product Launched in 3 States

Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month. In addition to covering customers’ personal property and liability from accidents, the new Root renters insurance product pays …

Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018

Insurtech funding levels, reaching almost $4.4 billion in worldwide funding commitments through three quarters of the year, has already surpassed the 2018 full-year total, Willis Towers Watson announced Wednesday. According to the new Quarterly InsurTech Briefing published by the global …

Root Insurance Raises $350 Million in New Round; Valuation Reaches $3.65 Billion

Root Insurance, which uses smartphone technology to gauge driver behavior and price policies, said it has raised $350 million in Series E funding. Root has now raised a total of $523 million in funding, with an additional $100 million in …

Ohio’s Root Insurance Names Rosenthal CFO, Norelli Capital Markets Leader

Columbus, Ohio-based Root Insurance has appointed Daniel Rosenthal as the company’s new chief financial officer, effective Nov. 11, 2019. Additionally, Root said Lauren Norelli has joined the company as managing director of Capital Markets and Corporate Development. Current CFO Cindy …

Mobile Auto Insurer Root Insurance Expands Into California

Root Insurance, a licensed insurance carrier powered by mobile, has entered California, making it now available to 60% of the U.S. population. Customers can sign up and customize their coverage to immediately see how some coverage options can impact deductibles …

Luketic Named Director of Government Relations at Root Insurance

Columbus, Ohio-based automobile insurance provider, Root Insurance, has named Dave Luketic director of Government Affairs for the company. Luketic will be responsible for the strategic direction and management of the company’s government relationships, including political affairs and public policy with …

New World of Digital Recruiting: Chatbots, Videos and Social Media

Long gone are the days when employees printed their resumes and cover letters on fancy paper, worried about choosing the proper font, and put both documents in the mail. The idea of employers printing paper job advertisements is also a …

Startup Auto Insurer Root Raises $51 Million for Further Expansion

Columbus, Ohio-based auto insurer Root Insurance, which incorporates individual driver behavior data from mobile phone apps in every quote, announced the closing of a $51-million Series C funding round. Investors were led by Redpoint Ventures, with Scale Venture Partners and …