Tagged: root

U.S. Insurtech Root Insurance Announces 2019 Continued Expansion

Root Insurance, an Ohio-based car insurtech company, announced last week plans for continued expansion into additional states in 2019, with a goal to expand its services nationwide by 2020. As previously reported, Root was founded in 2015 and describes itself as a full-stack automobile insurance company founded on the… Read More

Insurtech Fail? S&P Report Says Profitability is Elusive for Three Prominent Startups

S&P Global Market Intelligence is out with a report questioning three emerging Insurtech platforms. The report states that profitability is elusive for these startups. Mentioning specifically Lemonade, Metromile, and Root Insurance, S&P says that each reported overall net losses in the second quarter, as incurred losses… Read More

Kickstarter Relents. Allows Root 3D Printer to Relist on Crowdfunding Platform

GP3D’s “Root” 3D printer launched a crowdfunding campaign on Kickstarter only to find the project suspended by Kickstarter as questions arose to the progeny of the product.  The suspension took place on January 27th having raised over $19,000 on a $50,001 goal.  As of last… Read More

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