Hyundai Capital America and Root Inc. Announce Partnership to Drive Innovation in Auto Finance and Insurance Industries

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[{"type":"image","alt":"Root, Inc.","displaySize":"","headline":null,"caption":"Root, Inc.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":300,"url":"https://media.zenfs.com/en/globenewswire.com/746301feef4a01c88084e3e0b8159d56"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ezN41X6fkPxeH3ULvD1D7A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQyMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/746301feef4a01c88084e3e0b8159d56","width":300,"height":300}},"lazy":false},{"type":"text","content":"COLUMBUS, Ohio, April 02, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance Company, and Hyundai Capital America (HCA) today announced a strategic partnership to bring innovative solutions and enhanced experiences to HCA customers. This collaboration aims to optimize the strengths of both companies to drive advancements in the auto finance and insurance industries.","length":468,"tagName":"p"},{"type":"text","content":"HCA’s leadership in auto finance, combined with Root’s expertise in mobile technology and customer-focused insurance models, seeks to address evolving industry needs and set new benchmarks for customer satisfaction. By offering tailored products, the partnership strives to enhance the overall vehicle ownership experience to deliver personalized, technology-driven solutions.","length":376,"tagName":"p"},{"type":"text","content":""HCA’s commitment to customer-centric innovation and technology is at the forefront of our mission this year," said Hyundai Capital America President and CEO Marcelo Brutti. “Through this partnership, we aim to unlock new possibilities and improve the ownership journey for our drivers."","length":302,"tagName":"p"},{"type":"text","content":"The collaboration is expected to deliver insurance solutions that offer data-driven, competitive rates to HCA customers, driving a more connected experience that reflects their individual needs.","length":194,"tagName":"p"},{"type":"text","content":""We are excited to partner with Hyundai Capital America, a company that shares our passion for innovation and customer-first solutions," said Alex Timm, Founder and CEO at Root, Inc. "This partnership allows us to build something unique for HCA drivers, while further diversifyin...

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