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Working at Root Insurance

Zippia score 4.8

Overview

JobsSalaryRevenue

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Root Insurance overview

Industry
Insurance
Revenue
$1.2B
Headquarters
Employees
1,007
Founded in
2015
Website
Organization type
Public
Social media
Root Insurance is a property-casualty insurtech that offers personalized, affordable coverage in an app. Using technology in smartphones to measure driving behavior such as braking, speed of turns, driving times, and route regularity, Root determines who is a safe driver and who isn't. By only insuring safe drivers, Root can offer more affordable car insurance rates. Root also offers hassle-free and affordable app-based renters insurance, providing coverage that's easy to understand and is personalized around real consumer needs.
The staff at Root Insurance come from unusually diverse demographic backgrounds. The company is 46.5% female and 40.5% ethnic minorities. Despite its diversity in other areas, Root Insurance employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Democratic Party, at 70.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Democratic Party. Root Insurance has great employee retention with staff members usually staying with the company for 3.8 years.
A large insurance company with 1,007 employees and an annual revenue of $1.2B, Root Insurance is headquartered in Columbus, OH.

Root Insurance's mission statement

We're creating powerful insurance products and technology platforms that rewrite the rules for today's world, promoting fairness, simplicity, and personalization.

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1.0/5

Root Insurance employee reviews

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The team at Root Insurance

  • The founders of Root Insurance are Alex Timm and Dan Manges.
  • The key people at Root Insurance are Alex Timm and Dan Manges.
Key people
Alex Timm
Dan Manges

Root Insurance rankings

Root Insurance is ranked #58 on the Best Insurance companies to work for in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

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Root Insurance salaries

Average Root Insurance salary
$51,643
yearly
$24.83 hourly
Updated March 14, 2024

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Root Insurance diversity

10.0
Diversity score
We calculated Root Insurance’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Root Insurance’s workforce.
Root Insurance diversity summary. Zippia estimates Root Insurance's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated Root Insurance's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of Root Insurance's workforce.
  • Root Insurance has 1,007 employees.
  • 47% of Root Insurance employees are women, while 53% are men.
  • The most common ethnicity at Root Insurance is White (60%).
  • 14% of Root Insurance employees are Hispanic or Latino.
  • 12% of Root Insurance employees are Black or African American.
  • The average employee at Root Insurance makes $51,643 per year.
  • Root Insurance employees are most likely to be members of the democratic party.
  • Employees at Root Insurance stay with the company for 3.8 years on average.

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Root Insurance financial performance

9.8
Performance score

Root Insurance annual revenue

$1B
$941M
$706M
$471M
$235M
$0
2022
2023
2024

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    Updated March 14, 2024

    Zippia gives an in-depth look into the details of Root Insurance, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Root Insurance. The employee data is based on information from people who have self-reported their past or current employments at Root Insurance. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Root Insurance. The data presented on this page does not represent the view of Root Insurance and its employees or that of Zippia.

    Root Insurance may also be known as or be related to ROOT INSURANCE, Root Insurance, Root Insurance Co, Root Insurance Company and Root, Inc.