Root Inc (NAS:ROOT)
$ 58.9934 3.3534 (6.03%) Market Cap: 880.31 Mil Enterprise Value: 486.88 Mil PE Ratio: 0 PB Ratio: 5.31 GF Score: 65/100

Root Inc at Barclays Global Financial Services Conference Transcript

Sep 12, 2022 / 04:00PM GMT
Release Date Price: $11.57 (-1.11%)
Tracy Dolin;Benguigui
Barclays Bank PLC, Research Division - Director & Senior Equity Research Analyst

Hello, everyone. I'm Tracy Dolin-Benguigui, insurance analyst at Barclays. And I'm pleased to host the session in person with Root. To my right, I have Alex Timm, CEO. And further to my right, I have Rob Bateman, CFO. We have a lot to talk about. So maybe we could just jump right in. Alex, I'm not sure if you have any opening remarks before kicking in.

Alexander Edward Timm
Root, Inc. - Co-Founder, CEO & Director

Sure. First, thanks for having us. It's good to be here. We are Root insurance, and we started the company in 2016. And really, we started the company with the promise of building a better auto insurance carrier based on modern technology and so engineering and data science. And we launched the company in 2016. We really acquire customers across 2 different product experiences and platforms. The first is our website and our mobile app, where we use all of the rich sensor data off of phones to more accurately price insurance.

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