Root, Inc. and Tremor Partner to Place Property Catastrophe Program
Root, Inc. (ROOT)
Company Research
Source: GlobeNewswire
COLUMBUS, Ohio, June 15, 2021 (GLOBE NEWSWIRE) -- Tremor and Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today announced that Root has successfully placed its June property catastrophe program with Tremor Panorama. As the leading online marketplace in reinsurance, Tremor enhances the placement process by using modern technology to help provide a more efficient and data-rich experience. “When we got the call that the Root team wanted to place their entire property catastrophe program with us, we were thrilled. This team is known for being thoughtful, and for their commitment to innovation,” says Sean Bourgeois, Tremor’s Founder and CEO. “In less than a week, we were able to organize the placement and bring more capacity than was needed, allowing Root to manage its long-term relationships during the process. We were particularly excited that we could bring new markets to the program while delivering competitive pricing subject to
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News
- Root, Inc. (NASDAQ: ROOT) was upgraded by analysts at Jefferies Financial Group Inc. from a "hold" rating to a "buy" rating. They now have a $40.00 price target on the stock, up previously from $10.00.MarketBeat
- Root, Inc. (NASDAQ: ROOT) was upgraded by analysts at Keefe, Bruyette & Woods from a "market perform" rating to an "outperform" rating. They now have a $22.00 price target on the stock, up previously from $10.00.MarketBeat
- Root, Inc. (NASDAQ: ROOT) had its price target raised by analysts at Citigroup Inc. from $11.00 to $12.00. They now have a "neutral" rating on the stock.MarketBeat
- Root, Inc. Q4 Earnings: Current Price Requires Exceptional Growth [Seeking Alpha]Seeking Alpha
- Root, Inc. (NASDAQ: ROOT) had its price target raised by analysts at Wells Fargo & Company from $11.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
ROOT
Earnings
- 2/21/24 - Beat
ROOT
Sec Filings
- 3/20/24 - Form SC
- 3/20/24 - Form 4
- 3/5/24 - Form 4
- ROOT's page on the SEC website