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Root delivered another strong quarter of profitability in Q2 while investing in long-term tech & pricing capabilities. Here are the highlights 👇
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Root. For good drivers. Customer Support: @RootHelps
- Got a question for Root's leadership team? Founder & CEO Alex Timm recently answered top questions on bundling, state launches, and company strategy. DM us your question (text or 30s video). No individual replies; selected questions addressed publicly.Why focus on car insurance? What's the strategy for bundling? Why isn't Alex on X? When is Root launching in Michigan? Root Founder & CEO Alex Timm answers questions directly. Watch here: youtu.be/lDCRnBpPp9g See end of video for disclosure on forward-looking statements.
- Root is live in New Jersey! This marks our 37th state, expanding coverage to over 80% of the U.S. population. We’re excited to bring Jersey drivers personalized rates based on how they actually drive. joinroot.com
- Newsweek readers named this year's top car insurance companies and Root took the number 2 spot. This is a reflection of our team's hard work and the trust our drivers place in us every day. We are just getting started. Full @Newsweek rankings here: newsweek.com/readerschoice/…
- In just three years, partnerships have grown to represent nearly half of Root's business. SVP of Business Development Jason Shapiro shares how pairing enterprise scale with digital flexibility fueled this growth. See end of video for disclosure on forward-looking statements.
