telematics and partnerships drive best-in-class 65% loss ratio.
ROOT targets only good drivers via telematics and embedded insurance partnerships, achieving a best-in-class 60-65% loss ratio and sustainable profitability.
ROOT's tech-enabled approach selects good drivers, achieving a 60-65% loss ratio unmatched by peers. Partnerships with Carvana, Hyundai, and Toyota expand distribution without underwriting risk. The company is now profitable enough to buy back shares, and deferred tax assets will shield earnings from taxes for over a decade.
"I’ve been secretly buying this stock for the past few months"