Root Insurance Company the Insurtech auto carrier just closed another round of financing @ $350M, bringing their total raised to $527M. 2018 premiums were $106M according to S&P Global. What does this mean for an incumbent #carrier? Watch the video to see a #Bull and #Bear take on their success. For details on the round see Avi Ben-Hutta in Coverager® https://coverager.com/root-raises-350m/
Kaenan is a professional in the areas of block chain, telematics, wearables, analytics, artificial intelligence (AI) and Insurtech. He has played a key role in innovating many start-ups and established carriers. His advice has been widely appreciated in the financial community, which resulted in multiple quotes and publications in various media.
Most recently he was Practice Lead for Innovation, Fintech, and Strategic Insights at EY. Throughout his career he has held leading roles within Marketing Strategy and Decision Management with top Insurance, Banking and Finance companies, including USAA, Citibank and Sallie Mae.