How Root plans to take its UBI product national
The auto insurtech has come a long way in the past year. Dan Manges, co-founder and CTO, talks about its growth aspirations.
Root Insurance began in 2015 with the goal of rewarding good drivers with personalized rates powered by telematics and mobile technology. After a successful launch in its home state of Ohio in late 2016, the company spent much of last year putting a growth plan in place. It expanded to six additional states and launched a partnership with Lyft. The company is also exploring data partnerships with third parties as connected cars grow more ubiquitious. In this podcast, CTO and co-founder Dan Manges provides an update on Root and discusses the usage-based insurance market.