Yesterday’s FIN post discussed the dismal condition of the insurtech sector, focusing in part on Root, the Columbus, Ohio-based insurer that announced fourth quarter earnings on February 23. One of the biggest questions about Root is the enormous amount of money (more than $1.5 billion) the company has lost; after years of operations it is still burning through nine digits of cash every year. The issue came up during the earnings call, and here is how
When Transcripts Go Wrong
When Transcripts Go Wrong
When Transcripts Go Wrong
Yesterday’s FIN post discussed the dismal condition of the insurtech sector, focusing in part on Root, the Columbus, Ohio-based insurer that announced fourth quarter earnings on February 23. One of the biggest questions about Root is the enormous amount of money (more than $1.5 billion) the company has lost; after years of operations it is still burning through nine digits of cash every year. The issue came up during the earnings call, and here is how