Root: The car Insurer Determines Driving Behavior With Smartphone Sensors and Achieves an Industry-Leading Loss Ratio!

After the turbulent times in the markets, investors are awaiting the speech from Jerome Powell. The Federal Reserve is taking a wait-and-see approach in light of the economic policy measures by Donald Trump. We examine Root, the current sector leader in "Insurance – Property & Casualty” with +17.61%, and analyze the reasons behind the insurance company’s rapid rise. Root is revolutionizing car insurance with data-driven rates Pricing models take into account the measured driving behavior of the user Profitability...