FAQs
Alex Timm // CEO and Co-founder Root Insurance
Throughout his career in insurance, Alex has built expertise in pricing and reserving, finance, and merger and acquisitions. Before co-founding Root, Alex worked at Nationwide Insurance as a senior strategy consultant for the property and casualty lines of the business.
What company owns root insurance? ›
Founded in 2015 and based in Columbus, Ohio, Root, Inc. (NASDAQ: ROOT) is the parent company of Root Insurance Company.
What is the net worth of root insurance? ›
Root net worth as of June 17, 2024 is $0.63B. Root Inc. is the parent company of Root Insurance Company. It is a technology company revolutionizing personal insurance with a pricing model.
How much does Roots CEO make? ›
Roots' CEO is Meghan Roach, appointed in Jan 2020, has a tenure of 4.42 years. total yearly compensation is CA$515.00K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 0.02% of the company's shares, worth CA$17.44K.
Is root insurance a real company? ›
Root auto insurance is a legitimate company, although not all drivers will qualify for a policy. You may find better car insurance rates through another provider if you have a less-than-perfect driving record.
Who are the top shareholders of Root Insurance? ›
Ribbit Management Company, LLC is currently the company's largest shareholder with 13% of shares outstanding. For context, the second largest shareholder holds about 9.7% of the shares outstanding, followed by an ownership of 7.5% by the third-largest shareholder.
Where is Root Insurance headquarters? ›
Who bought Root? ›
NEW YORK; April 23, 2021 – Accenture (NYSE: ACN) has acquired Root Inc., a consultancy with 30 years of experience helping Global 2000 organizations activate strategies and transform cultures using creative and visual methods to accelerate employee engagement and change effectiveness.
Who is the richest person in insurance? ›
1. Warren Buffett. Buffett once again secures the top spot on the list of the country's wealthiest insurance tycoons. The man known as the “Oracle of Omaha” currently sits in the tenth spot of Forbes' overall rankings with a net worth of $103.6 billion.
What is unique about Root Insurance? ›
To that end, Root is the first car insurance company that was founded on the relentless pursuit of fairness. We use an app to rate drivers based on how they actually drive—not just their demographics. By not insuring bad drivers, Root is able to save good drivers hundreds on their car insurance.
Meghan RoachChief Executive Officer
Meghan Roach is the President and CEO of Roots Corporation (TSX: ROOT). Before becoming CEO of Roots in 2020, Ms. Roach served as the interim CFO.
Who is the CEO of the root brands? ›
Clayton Thomas, the co-founder of ROOT Wellness and founder of The ROOT Brand, alongside his wife, Dr. Christina Rahm, is leading a wellness revolution with his innovative approach to health, detoxification, and self-care.
Who is the CEO of Root Center? ›
Steven Zuckerman, LPC, MA, is the Chief Executive Officer and President of the Root Center.
