# Alex Timm

> Alex Timm is the Columbus-based co-founder and CEO of Root, Inc., the Nasdaq-listed parent of Root Insurance Company. An actuary who began working in insurance at 14, he founded Root in 2015 after management roles at Nationwide. His career connects behavior-based car insurance pricing, mobile software and the operating work of building an insurance carrier that recorded its first profitable full year in 2024.

- **Role:** Co-Founder and Chief Executive Officer at Root, Inc.
- **Organizations:** Root, Inc., Nationwide Mutual Insurance Company, State Auto, Casualty Actuarial Society, American Academy of Actuaries, Aspen Institute
- **Education:** Bachelor of Science and Bachelor of Arts; actuarial science, accounting and mathematics, Drake University
- **Known for:** Co-founded Root and has served as CEO and director since March 2015., Led Root through its October 2020 Nasdaq listing., Led Root as it reached its first profitable full year in 2024.

## Career timeline

- **Age 14** — Began working in insurance; recalled reserve-development work in an actuarial department at Century Insurance.
- **2007-2011** — Attended Drake University; worked at State Auto during college.
- **2011-2015** — Held management roles at Nationwide; worked in corporate strategy.
- **2015** — Founded Root in March; became CEO and a director. Dan Manges joined as co-founder and CTO in June.
- **2016** — Root made its official public debut in October.
- **2020** — Root began trading on Nasdaq on October 28.
- **2021** — Root announced its expanded Carvana partnership in August.
- **2022** — Root and Carvana announced their embedded insurance product in July.
- **2024** — Root achieved its first full year of net income profitability.
- **2025** — Root recorded a second profitable year, with $40.3 million in net income.
- **2026** — Root and Carvana surpassed 200,000 policies sold; Root expanded auto insurance availability to 38 states in October.

## Achievements

- Co-founded Root and has served as CEO and director since March 2015.
- Led Root through its October 2020 Nasdaq listing.
- Led Root as it reached its first profitable full year in 2024.
- Fellow of the Casualty Actuarial Society.
- Member of the American Academy of Actuaries.
- Henry Crown Fellow of the Aspen Institute.

## Latest updates

- **2026-10** — Root launched auto insurance in Wyoming on October 21, reaching 38 states representing 81% of the U.S. population.
- **2026-09** — Root and Carvana extended their exclusive embedded insurance agreement.
- **2026-08** — Root reported Q2 net income of $25.4 million, $389 million in revenue and approximately 484,000 policies in force.
- **2026-04** — Root and Carvana announced their partnership had surpassed 200,000 policies sold.

## Links

- Website: https://www.joinroot.com/
- LinkedIn: https://www.linkedin.com/in/alex-timm-b2371a16

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Profile page: https://yespress.io/alex-timm
Published by YesPress — https://yespress.io
Last updated: 2026-10-22