COLUMBUS, Ohio, March 22, 2022 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT) introduced right now the addition of Rob Bateman to hitch the insurtech as the corporate’s new Chief Monetary Officer, efficient April 11.
Bateman joins Root as Chief Monetary Officer with over twenty years of broad strategic, monetary and operational expertise throughout the insurance coverage trade, most just lately as President and Chief Monetary Officer of Ategrity Specialty Insurance coverage Firm. He has constructed and led a number of groups which have efficiently pushed profitability and ahead momentum within the auto insurance coverage house.
“I’m thrilled to announce that Rob Bateman is becoming a member of our government management workforce as CFO,” mentioned Root CEO and Co-Founder Alex Timm. “His established background and depth of expertise throughout the insurance coverage trade is the correct mixture to guide our finance group by means of the following section of our journey.”
“I’m extremely excited to hitch the Root workforce,” mentioned Bateman. “The best way Root is bringing knowledge and know-how to insurance coverage actually is the way forward for this trade. I can’t wait to pair my expertise with their give attention to pricing, the shopper expertise, know-how, and the embedded product.”
Bateman was most just lately at Ategrity Specialty Insurance coverage Firm, the place he was the President and Chief Monetary Officer of the start-up extra and surplus strains service. Previous to Ategrity, Bateman served as Chief Monetary Officer of Infinity Property & Casualty Company. His expertise additionally contains roles as Chief Monetary Officer at COUNTRY Monetary, a number of progressive management roles at The Hartford, and a senior supervisor position at KPMG.
In September of 2021, Root introduced that earlier CFO Dan Rosenthal can be taking over the position of Chief Income and Working Officer. He has served in each roles because the nationwide seek for the brand new CFO was performed.
About Root Inc. Root, Inc. is the mother or father firm of Root Insurance coverage Firm. Root is a know-how firm revolutionizing insurance coverage by means of knowledge science and know-how to supply shoppers a personalised, straightforward, and honest expertise.
Root is headquartered in Columbus, Ohio, with renters insurance coverage out there in Arkansas, Missouri, Ohio, Georgia, Kentucky, Nevada, Tennessee, and Utah, and auto insurance coverage at the moment out there to drivers in Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, New Mexico, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, West Virginia and Wisconsin. Kansas auto insurance coverage is underwritten by Root Property and Casualty Insurance coverage Firm.
Contact: press@joinroot.com
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