NasdaqGS:ROOTInsurance
Did Cash Strain and a New Kikoff Partnership Just Shift Root's (ROOT) Investment Narrative?
In the past week, digital auto insurer Root faced renewed scrutiny after a Wells Fargo analyst highlighted weakening operating cash flow, reduced available capital, and an underwriting loss reflected in a 102% combined ratio.
At the same time, Root Insurance and personal finance platform Kikoff announced an embedded insurance partnership, integrating Root’s data-driven auto policy quoting and purchasing directly into the Kikoff app to broaden access to mobile-first coverage.
We’ll now...