Car Insurance Start-up Root Hires Goldman Sachs to Lead IPO

Root Insurance Co has hired Goldman Sachs Group Inc. to lead preparations for an initial public offering that could value the provider of auto insurance through mobile apps at around $6 billion, according to people familiar with the matter. The listing would make Root the latest technology-powered insurance provider to go public. In May, insurance… Continue reading Car Insurance Start-up Root Hires Goldman Sachs to Lead IPO