Root Insurance

GPTKB entity

Properties (56)
Predicate Object
gptkbp:instanceOf gptkb:Insurance_Company
gptkbp:acquisition Acquired_by_a_SPAC
gptkbp:advertising Targeting tech-savvy consumers
Digital_marketing_campaigns
gptkbp:brand Modern and innovative branding
gptkbp:businessModel Direct-to-consumer
Usage-based insurance
gptkbp:CEO gptkb:Alex_Timm
gptkbp:claims Simplified digital claims process
gptkbp:community_involvement Supports local charities
gptkbp:community_outreach Engages in community outreach programs
gptkbp:court Fast claims settlement process
gptkbp:customerService Focus on digital customer acquisition
Online and mobile support
gptkbp:employeeCount Over 500
gptkbp:feedback High customer satisfaction ratings
Incorporates user feedback into product development
gptkbp:financial_aid Maintains strong financial stability
gptkbp:financialPerformance Strong growth in policyholders
gptkbp:financials Venture capital funding
gptkbp:founded 2015
gptkbp:founder gptkb:Alex_Timm
Dan_Manges
gptkbp:hasExperienceIn Focus on mobile technology
gptkbp:hasFunding 2020
gptkbp:hasRelatedPatent Mobile app for policy management
gptkbp:headquarters gptkb:Columbus,_Ohio
https://www.w3.org/2000/01/rdf-schema#label Root Insurance
gptkbp:insuranceAccepted Homeowners insurance
Commercial auto insurance
Renters insurance
Personal auto insurance
Rideshare insurance
Utilizes advanced analytics for underwriting
Insurtech_company
gptkbp:investmentFocus $500 million raised in funding
gptkbp:market Growing presence in the insurance market
gptkbp:mission To make insurance affordable and accessible
gptkbp:partnerships Various automotive companies
With automotive manufacturers for discounts
With telematics providers
gptkbp:policy Based on driving behavior
gptkbp:rating A- from A.M. Best
gptkbp:regulatoryCompliance Complies with state insurance regulations
gptkbp:riskManagement Data-driven risk assessment
gptkbp:security Focus on data security and privacy
gptkbp:surrounding_area gptkb:United_States
gptkbp:targetMarket gptkb:Millennials
gptkbp:technology Telematics
Cloud-based infrastructure
gptkbp:type Rideshare Insurance
Auto_Insurance
Home_Insurance
gptkbp:user_interface User-friendly mobile app interface
gptkbp:values $1 billion
gptkbp:website www.root.com