Alex Timm is the CEO of Root Insurance, the first insurance company founded on the principle of fundamental fairness. He’s a fellow of the Casualty Actuarial Society and a member of the American Academy of Actuaries. Root is located in Columbus, Ohio.
Big data has the opportunity to end discrimination. Everyone creates data. Whether it is your bank account information, credit card transactions or cell phone usage, data exists about anyone who is participating in society and the economy. At Root, we use data for car insurance, an industry where rating variables such as education level or occupation are used […]
Five years ago, insurance-focused technology conferences were attended mostly by insurance carriers and large consulting firms. Now, I’m amazed and encouraged at both the size of the audiences and the diversity of the audiences – a melting pot of venture firms and eager entrepreneurs, as well as all the traditional industry folk. “Insurtech” is starting […]