Root pricing to ‘high single digit, low double digits’ to combat inflation: CEO Timm
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Root pricing to ‘high single digit, low double digits’ to combat inflation: CEO Timm

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InsurTech Root is pricing to a high single-digit, low double-digit trend to keep pace with ongoing inflation, CEO Alex Timm told analysts on the company’s third-quarter earnings call.

“We still are assuming fairly significant [inflation] and don't believe that we're back into a normal environment, so we’re still pricing for that,” the CEO said, adding that even as some indicators like the Manheim Index level off, the...

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