Root, a privately owned company with headquarters in the US, is a part of Accenture. Founded in 1984, it employs approximately 180 individuals. The company functions as a strategy activation consultancy, specializing in business consulting and services.
Root Inc. plans to host a conference call on Wednesday, November 4, 2026, at 5:00 p.m. Eastern Time, to discuss its third-quarter 2026 financial results and provide an update on company operations. This announcement follows Root's extension of its exclusive embedded insurance partnership with Carvana through at least August 2028 on September 22, 2026. The extended deal preserves a distribution relationship that reaches customers during the vehicle-purchase process, providing Root with greater visibility into a channel supporting its growth beyond direct acquisition. Earlier in September, Root was characterized as an insurance company that built its original business case on insurance market disruption and AI tools. This aligns with its strategy to increasingly use partnerships to diversify distribution and support profitable growth, which saw partnership and independent-agent channels account for approximately 51% of new writings in the second quarter of 2026, an increase from 44% a year earlier.
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