The Work Index by Flexa

Root Inc.

Root Inc. is an insurtech company that uses data and technology to offer car insurance rates based primarily on driving behavior.

https://www.joinroot.com/
4.9

/10

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Description

Root Inc. is a technology-driven insurance company that aims to revolutionize the auto insurance industry by offering fair and personalized rates based on driving behavior rather than demographics. They leverage data science and mobile technology to build a world-class mobile platform that provides customers with a simple and delightful experience. This includes a user-friendly app that allows drivers to get a quote in less than a minute, manage their policy, and file a claim efficiently.

Root is the nation's first licensed insurance carrier powered entirely by mobile, currently operating in 34 states. They have collected over 20 billion miles of driving data through their mobile telematics platform, which informs their pricing models and helps them offer better rates to safe drivers. Their commitment to innovation and customer obsession has led them to become the largest auto insurtech in the country, boasting one of the best loss ratios in the industry.

Flexibility

Root Inc. offers flexible work arrangements, but specific details are not provided on their website. While it's stated that team members are judged on the merits of their work, not their titles, the company does not explicitly mention remote work, flexible hours, or work-from-home options.

Benefits

Root offers employees flexible paid time off, paid parental leave, and a robust benefits package, including access to therapy, meditation, and educational opportunities to support employee well-being. They also have employee resource groups like Pride 365, Tribe, and Women @ Root to promote a diverse and inclusive workplace.

Mission

Root Inc. is a technology-driven insurance company revolutionizing the industry by providing personalized, affordable, and fair insurance rates based on driving behaviors, not demographics. They believe in using data science and mobile technology to create a seamless, transparent, and delightful experience for their customers, while challenging the archaic insurance system and delivering more control and transparency to drivers.

Automation
Data-driven
Disruptor
Science and research driven
Social impact led
Tech for good

Culture

Root Inc. cultivates a culture that values customer obsession, data-driven decision-making, and a rigorous approach to innovation. They encourage a collaborative environment where team members are empowered to question the norm, push boundaries, and embrace disciplined thinking. Root emphasizes the importance of operational excellence and transparency, judging individuals based on the merit of their work rather than titles. The company fosters a culture of trust and empathy, where employees feel empowered to contribute and make a meaningful impact.

DE&I

Root is committed to building a diverse and inclusive workplace by actively seeking out and developing talent from a wide range of backgrounds and perspectives. This approach fosters innovation, enables a greater understanding of their customer base, and promotes a more equitable environment. Their efforts are ongoing and focused on talent acquisition and development, education and training, feedback and collaboration, and strategic planning aimed at achieving consistent growth and long-term success.

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