Root, Inc.

Root, Inc. Announces Organizational Changes to Accelerate Growth of Corporate Initiatives

Retrieved on: 
Monday, September 20, 2021

In this new role, Dan will oversee performance marketing and growth, corporate strategy, business development, and insurance, including underwriting and pricing initiatives.

Key Points: 
  • In this new role, Dan will oversee performance marketing and growth, corporate strategy, business development, and insurance, including underwriting and pricing initiatives.
  • As we continue to connect with customers through a variety of new and existing channels, Dan will be instrumental in driving Roots growth and success, says Root CEO Alex Timm.
  • This new role will strengthen our focus on meeting customers where they are with exactly what they need as Root expands.
  • In his role as CFO, Rosenthal has guided Root through several funding rounds, including the companys IPO in October 2020.

As Industry Focuses on Discrimination, Root Marks One Year of Drop The Score Campaign

Retrieved on: 
Thursday, September 16, 2021

COLUMBUS, Ohio, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT ), the parent company of Root Insurance Company, today commemorated the first anniversary of its Drop the Score campaign to eliminate credit discrimination from auto insurance.

Key Points: 
  • COLUMBUS, Ohio, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT ), the parent company of Root Insurance Company, today commemorated the first anniversary of its Drop the Score campaign to eliminate credit discrimination from auto insurance.
  • The campaign's anniversary comes as the National Association of Insurance Commissioners (NAIC), a regulatory body that includes commissioners from all 50 states, launches an investigation into industry practices.
  • America's roads should not be open to discrimination, says Root CEO Alex Timm.
  • Using mobile technology and data science, Root offers personalized, fair rates to good drivers all through an easy-to-use app.

Arena Analytics Announces Strategic Company Growth At Argentum Annual Conference

Retrieved on: 
Monday, September 13, 2021

BALTIMORE, Sept. 13, 2021 /PRNewswire/ -- Arena Analytics, the market leader in applying artificial intelligence to workforce challenges, today announced strong 2021 results to date, including continued revenue growth, multiple new customer agreements, and an expanded leadership team.

Key Points: 
  • "I couldn't be prouder of what our team has accomplished during a difficult year," said Arena Analytics CEO Myra Norton.
  • With year-over-year growth rates averaging nearly 100% each year from 2017 to 2020, Arena Analytics once again reports a strong 2021 with solid annual recurring revenue and multiple new customer agreements.
  • Its newest post-acute customers include The Arbor Company, The Asbury Communities, HCF Management, Heritage Senior Living, and Senior Living Communities.
  • Arena Analytics will exhibit in booth #829 at the upcoming Argentum Senior Living Executive Conference held September 13-15, 2021 at the Phoenix Convention Center.

Root, Inc. Announces 2021 Second Quarter Results

Retrieved on: 
Wednesday, August 11, 2021

COLUMBUS, Ohio, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended June 30, 2021.

Key Points: 
  • COLUMBUS, Ohio, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter ended June 30, 2021.
  • Roots second quarter financial results and management commentary can be found by accessing the shareholder letter posted to the companys investor relations website at ir.joinroot.com .
  • Root will host a conference call and earnings webcast to discuss the results tomorrow, Thursday, August 12, at 8:00 a.m. Eastern Time, and to provide an update on company operations.
  • To listen to the live audio webcast, please visit the News & Events section of Roots Investor Relations website at ir.joinroot.com .

Carvana and Root, Inc. Exclusively Partner to Develop Industry-First Integrated Auto Insurance Solutions for Carvana Customers

Retrieved on: 
Wednesday, August 11, 2021

In Root, we have found a partner that shares our customer focus and technology-driven approach to delivering exceptional customer experiences.

Key Points: 
  • In Root, we have found a partner that shares our customer focus and technology-driven approach to delivering exceptional customer experiences.
  • We are excited to build on the success of our existing partnership by creating a unique, integrated solution, said Carvana CEO Ernie Garcia.
  • We look forward to introducing our customers to Roots seamless insurance process and believe that this integrated offering will deepen and extend our customer relationships between transactions.
  • This partnership further elevates the Carvana experience by integrating insurance alongside car purchasing and financing decisions, said Root CEO Alex Timm.

Root, Inc. Schedules Conference Call to Discuss Second Quarter 2021 Financial Results

Retrieved on: 
Monday, July 26, 2021

COLUMBUS, Ohio, July 26, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the second quarter of 2021 on Thursday, August 12, 2021, at 8:00 a.m. Eastern Time.

Key Points: 
  • COLUMBUS, Ohio, July 26, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the second quarter of 2021 on Thursday, August 12, 2021, at 8:00 a.m. Eastern Time.
  • The Company plans to release its second quarter 2021 results in the investor relations section of its website at ir.joinroot.com after the close of the financial markets on Wednesday, August 11, 2021.

Root, Inc. Congratulates Washington Drivers on Credit Score-Free Car Insurance

Retrieved on: 
Thursday, June 24, 2021

COLUMBUS, Ohio, June 24, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today shares insights with 5.9 million Washington drivers after the state removed credit score from its car insurance rating system .

Key Points: 
  • COLUMBUS, Ohio, June 24, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today shares insights with 5.9 million Washington drivers after the state removed credit score from its car insurance rating system .
  • In 2019, Root launched its Drop the Score effort to have credit scores removed from rating variables allowed in pricing insurance.
  • If Washington drivers are interested in learning how they could gain more control of their car insurance with Root, they can get started on their test drive right away.
  • These forward-looking statements relate to, among other things, expectations, estimates and projections concerning the effects of the removal of credit score from rating variables on car insurance rates in Washington and Roots ability to offer car insurance in Washington.

Root, Inc. Celebrates More Ways Connected Drivers Can Get Quotes with RootReady

Retrieved on: 
Thursday, June 10, 2021

COLUMBUS, Ohio, June 10, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of the Root family of insurance companies, today celebrates more ways for drivers of connected cars to get quotes based on their driving behavior with RootReady.

Key Points: 
  • COLUMBUS, Ohio, June 10, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of the Root family of insurance companies, today celebrates more ways for drivers of connected cars to get quotes based on their driving behavior with RootReady.
  • This means drivers of 2015 or newer GM vehicles can receive a quote from Root today using data from their connected cars.
  • Traditionally, Root customers download the Root app and take a test drive before they can be offered a telematics-based quote.
  • To date, more than 85% of qualifying drivers who were presented with the option opted-in to immediate quoting with RootReady.

Root, Inc. Announces Entry into Wisconsin

Retrieved on: 
Thursday, June 3, 2021

COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin.

Key Points: 
  • COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin.
  • Root is now available to the 4.3 million drivers in Wisconsin, making it the companys 31st state.
  • A fellow Midwesterner, Root was founded in Columbus, Ohio, and is thrilled to be available in more Great Lakes states.
  • The insurance innovator is committed to unbreaking an archaic industry using modern, mobile-first technology that brings a best-in-class experience to drivers.

Root Inc. Proud To Unveil No. 23 Toyota Camry Paint Scheme

Retrieved on: 
Wednesday, April 14, 2021

23 Root Insurance Toyota Camry makes its much-anticipated debut with 23XI Racing this Sunday, April 18, during the Toyota Owners 400 NASCAR Cup Series race at Richmond Raceway.

Key Points: 
  • 23 Root Insurance Toyota Camry makes its much-anticipated debut with 23XI Racing this Sunday, April 18, during the Toyota Owners 400 NASCAR Cup Series race at Richmond Raceway.
  • 23 Camry, driven by Bubba Wallace, will carry the Root Insurance livery as a primary sponsor.
  • As a company founded on the ideals of progress and change, Root is proud to support Wallace and all that he stands for on and off the track.
  • 23 Toyota Camry made its NASCAR Cup Series debut at the Daytona 500 on February 14, 2021 at Daytona International Speedway.\nRoot Insurance is the nation\xe2\x80\x99s first licensed insurance carrier powered entirely by mobile.