Root
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
The executive joins the Ohio-based InsurTech after a year at Ategrity, where he served as president and CFO.
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Insurance carriers tailor their comments to leave investors walking away with an optimistic view.
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Birnbaum’s experience spans more than 20 years in product, business operations, sales, marketing and strategy at companies such as GrubHub and Expedia.
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Inside P&C’s news team runs you through the key developments from the past week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The InsurTech’s auto policies-in-force shrunk 7% to $354mn from Q3, driven by its workforce termination and underwriting remediation.
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Root’s chief product officer, Hemal Shah, notified the company of his intention to resign, effective March 18 in a fresh executive departure.
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Investors are taking a second look at private valuations, as they realize that an IPO or a SPAC exit is no longer an attractive option in the short term.
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The next generation must stay private longer, employ a partnership approach to capital and take the complexities of insurance more seriously.
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Stock prices fluctuated, and InsurTech short-sellers took some profits.
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