Long before it was called AI, Root was building with machine learning.
Honored to be recognized on @OhioXOrg’s AI 25 list as we continue using technology to make insurance fairer for drivers.
Built for the road ahead. 🤝 Our continued partnership with @Carvana means you get embedded Root coverage directly during your car purchase in as little as 3 clicks.
Announcement: ir.joinroot.com/news-releases/…
Root Founder & CEO Alex Timm walks through the technical foundation behind Root, key growth levers, and how real-time model retraining creates a compounding pricing advantage.
youtu.be/lJ5v9eIxDJo
See end of video for disclosure on forward-looking statements.
Root is lowering car insurance base rates in Florida by 15% on average, representing ~$21M in annualized savings.
Our precision pricing model allows us to quickly capture market efficiencies and pass savings to drivers.
Read more here: ir.joinroot.com/news-releases/…
Root Founder & CEO Alex Timm joined @BloombergTV yesterday to talk about how Root is driving disciplined, long-term growth and redefining risk through real-time vehicle data and national expansion. Catch the conversation starting at 34:54.