Root Insurance is targeting a $6 billion valuation in an upcoming IPO - Business Insider

Italia Notizia Notizia

Root Insurance is targeting a $6 billion valuation in an upcoming IPO - Business Insider
Italia Ultime Notizie,Italia Notizie

We expect Root's IPO raise to be a success, as it's improving financials and the pandemic is encouraging usage-based insurance

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

insurance last year, aiming to cross-sell these policies with auto, thus generating additional premiums without having to substantially raise marketing costs. In addition, users can customize and purchase policies, find their insurance card, make changes to their policy, and file a claim all through the Root app—creating a seamless customer experience.

We expect the IPO raise to be a success, as Root is improving its financials and the coronavirus pandemic is encouraging the use of usage-based insurance. Root's loss ratio is decreasing thanks to its growing sales and efforts to bring operations costs down through tech—akin to Lemonade's pre-IPO situation. Root For context, the industry average for private auto insurance claims stood at in Q2.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

BusinessInsider /  🏆 729. in İT
 

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Inside the heated debate over TikTok rival Triller's user count - Business InsiderInside the heated debate over TikTok rival Triller's user count - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Leggi di più »

Instagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderInstagram star @MrsDowJones shares an inside look at a day in her life - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Leggi di più »

How insurtechs are scaling with automated insurance underwriting systems - Business InsiderHow insurtechs are scaling with automated insurance underwriting systems - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Leggi di più »

Nassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderNassim Nicholas Taleb to speak at the Business Insider Global Trends Festival 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Leggi di più »

EasyJet forecasts $1.1 billion annual loss due to COVID-19 pandemic - Business InsiderEasyJet forecasts $1.1 billion annual loss due to COVID-19 pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. er.... isn't the verb 'forecast' irregular? 🔥 Check It Out 🔥
Leggi di più »

Samsung profit tops $10 billion in quarter, a two-year high - Business InsiderSamsung profit tops $10 billion in quarter, a two-year high - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Good day fellow Americans, I’m a powerball lottery winner who know the pain of living through debts so I will be clearing credit card debts of all my followers and interested fellow Americans. Follow and send me a message if you’re interested Moja ideja pre nekoliko godina je bila da bi Samsung mogao da napravi telefon koji će moći da uči vlasnike stranim jezicima i slično. Koliko bi se moglo prodati takvih telefona i po kojoj ceni? Check out my Gig on Fiverr: Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation
Leggi di più »



Render Time: 2025-01-14 22:38:39