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Root (ROOT) is an auto-insurance business with only 0.42% of market share in the US. Root is also one of the leaders in telematics technology and embedded insurance, both of which are growing faster than the industry average. Today, the technology has become so good, that Root is one of the most profitable auto-insurers with a loss ratio of around 65%. In other words, for every $100 of premium earned, roughly $65 goes toward insurance losses. These are very good …
— ORIGINAL POST ·
Root has $300 million of off-balance sheet assets on $800 million market cap
· r/ValueInvesting
· Aug 11, 2026