https://www.facebook.com/TatDude806/posts/1990160207971493
If AI isn’t the gorilla in the room, what is?
In a non-inflationary world, GEICO would not be a $40 billion company and other nuggets.
GEICO’s loss ratio was 72.5% in the quarter, a decrease of 10.5 percentage points compared to 2023.
The direct channel was Root’s primary growth driver in the quarter, fueled by performance marketing.