Published: Mon 27 Nov 2023

Root’s CEO Alex Timm predicts “a lot of pain” still to come in personal auto

Root CEO Alex Timm has predicted that the historic strain on major personal auto underwriters will continue, and that tough funding conditions could put a fair number of insurtechs out of business in the year ahead.

InsurTech and innovation

Root

Personal auto

US / Americas

Published: Mon 27 Nov 2023

Root’s Timm: Hitting profitability is vindicating, but “mission still isn’t done”

Root’s CEO Alex Timm predicts “a lot of pain” still to come in personal auto

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