First Connect and Root Launch Streamlined Quote & Bind Process for Independent Insurance Agents [Yahoo! Finance]
Root, Inc. (ROOT)
Company Research
Source: Yahoo! Finance
providing access to the nation's top carriers, today announced it is partnering with Root Insurance to offer API-powered quote and bind capabilities to independent insurance agents. Root Insurance is a subsidiary of Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions. The new interface streamlines access to Root's standard and preferred auto insurance for agents in California , and the companies plan to expand the First Connect offering in 25 additional states by the end of October. "First Connect is committed to providing independent agents with access to leading insurance products and the technology they need to succeed in all markets," said President Aviad Pinkovezky . "Adding a leading insurtech like Root, renowned for delivering a simple insurance purchasing process, is a natural fit for our platform and a win for the agents we support." After an agent enters basic customer details, the new streamlined process pulls data on drivers and vehic
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News
- Roots reports $5.2-million second-quarter loss as as sales drop [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- First Connect and Root Launch Streamlined Quote & Bind Process for Independent Insurance AgentsPR Newswire
- Root Insurance Partners with Goosehead Insurance to Simplify Insurance Sales for Independent AgentsGlobeNewswire
- Root, Inc. (NASDAQ: ROOT) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $82.00 price target on the stock, down previously from $88.00.MarketBeat
- Root, Inc. (NASDAQ: ROOT) had its price target lowered by analysts at UBS Group AG from $71.00 to $61.00. They now have a "neutral" rating on the stock.MarketBeat
ROOT
Earnings
- 8/7/24 - Beat
ROOT
Sec Filings
- 9/24/24 - Form 4
- 9/17/24 - Form 4
- 8/19/24 - Form 4
- ROOT's page on the SEC website