Root & @with_Hugo have partnered to expand access to affordable car insurance. Eligible Hugo customers seeking full coverage can now connect directly with Root via Hugo’s digital experience.
Read the announcement: https://t.co/mGag4PKcvg
Back-to-back Indy 500 victories for teams partnered with Root.
Congratulations to @MeyerShankRac and @FRosenqvist on an incredible weekend at Indianapolis.
Read more about the milestone: https://t.co/lozlgkWPC0
Congratulations to @FRosenqvist and @MeyerShankRac on an unforgettable Indy 500 victory 🏁
Not a bad day for the Root logo at Indianapolis: four cars, 794 laps, 1,985 miles, and an Indy 500 win 🥛
Building a modern insurance carrier means rethinking the basics.
Founder & CEO Alex Timm joined @SchwabNetwork to talk about the role automation plays in helping Root learn, price, and improve over time.
Full interview here: https://t.co/w7xO2HIrFI
$ROOT CEO Alex Timm explains what’s behind the company reporting its most profitable quarter ever, a $75 million share repurchase program, the role AI plays and expansion into new U.S. states.
For more market news, tune in at: https://t.co/DVYnTGDJaD
Favorite bit from last night's earnings Q&A:
Analyst: Would your assumption be that competition on the direct side continues to intensify?
Alex: We don’t guess. We measure. Every day.
(6/6)
We’re grateful to our customers, partners, and teammates who made this possible.
We’re just getting started.
Read the full shareholder letter & forward-looking statements here: https://t.co/oLGFuQaQrR
@Carvana (5/6)
Our path
National expansion goal to reach all contiguous states by end of 2027
Fully automated, AI-native insurance carrier
Deepening partnerships across auto and financial services
Scaling our independent agent network
Root data shows that Americans spend 12% of driving time on their mobile devices. April is Distracted Driving Awareness Month and we’re calling attention to this staggering statistic. Stay focused, drive safe.
Our agent network is growing faster than ever.
Root has officially surpassed 15,000 active agents on our platform. We remain committed to providing independent agents with the tech-forward tools they need to succeed in a digital market.
https://t.co/NHHTku0583
We heard you. Got a question about Root? Send it our way. We’ll do our best to get back to you.
📥 DM us your question (text or 30s video) instead of replying here so we don't miss it.
Another milestone in the books!
200,000 insurance policies sold through our embedded experience with @Carvana.
Carvana Insurance Built with Root makes protecting your new ride seamless, getting you covered in just three clicks.
https://t.co/jyUGokcIXP
AI is reshaping how people discover, compare, and buy insurance. The biggest shift isn’t just efficiency; it’s that insurance shopping is becoming faster, more personalized, and increasingly invisible.
SVP Jason Shapiro will discuss AI tomorrow @JDPower Insurance Summit.