• Root’s innovative solution, integrated with Goosehead’s patented Quote to Issue (QTI) platform, reduces the time agents take to sell policies by over 50% through deep integration, eliminating the need to switch to separate systems.
• Tits technology integration is unique to the Goosehead-Root relationship, allowing Goosehead agents to sell Roots insurance products faster and more efficiently than their competitors. This advantage enables Goosehead to deliver on its promise to deliver the right coverage at the best price for customers.

COLUMBUS, Ohio and WESTLAKE, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), a leading technology company providing insurance solutions and the parent company of Root Insurance Company, and Goosehead Insurance, Inc. (NASDAQ: GSHD), a fast-growing independent private lines insurance agency, today announced their technology integration partnership that is redefining the agent experience. This collaboration is a significant step toward a shared goal of improving the underwriting process for agents and customers through advanced technology.

By combining Root’s simple and fast quote delivery with Goosehead’s patented Quote to Issue (QTI) platform, the new experience guides agents through the entire process, including application, coverage adjustment and payment, 50% faster than before.

“The agent experience has long lacked innovation, user improvements and cutting-edge technology,” said Jason Shapiro, Senior Vice President of Business Development at Root. “Root and Goosehead recognized this gap and saw a unique opportunity to leverage our combined technology strengths to make the insurance buying process more efficient. This partnership focuses on creating a fast, easy quote experience for agents and delivering a great insurance product at a competitive price for customers.”

Together, Root and Goosehead have developed a fully embedded insurance product that simplifies the distribution process by directing agents directly to binding, actionable quotes for their customers. This integration enables agents to deliver a fast, simplified and transparent insurance experience.

Brian Patillo, Executive Vice President of Goosehead, added: “Investing in technology is paramount to our mission at Goosehead Insurance. This partnership with Root represents a significant advancement in our mission to provide the best possible experience for our customers and agents. By integrating Root policies into our platform, we are not only using technology to streamline the process for our agents, but we are also ensuring that our customers receive a top product at a great price.”