McPeak joins the leading insurtech company as it approaches coverage in 50 states
COLUMBUS, Ohio--(BUSINESS WIRE)--Root Inc., the parent company of Root Insurance, has announced that Julie Mix McPeak, the former commissioner of the Tennessee Department of Commerce and Insurance, has joined the company as its Senior Deputy General Counsel on September 1.
“Julie brings a wealth of knowledge of the regulatory landscape as well as a nationally recognized legal mind to the Root Inc., family,” said Root General Counsel Jon Allison. “Her experience will be invaluable to us as we get closer to offering car insurance in all 50 states.” McPeak was first appointed as Commissioner in Tennessee in January of 2011, and reappointed again in 2019. She served as the president of the National Association of Insurance Commissioners (NAIC) in 2018. McPeak is the first woman to hold the position of Chief Insurance Regulator in more than one state. Prior to her CIR role in Tennessee, she was the Executive Director of the Kentucky Office of Insurance.
McPeak comes to Root from the global law firm Greenberg Traurig, P.A., where she led the insurance regulatory and transactions practice and helped establish an additional office for the firm in Nashville, Tennessee.
“Root has quickly become the most exciting and innovative player in the insurance space. The work Root is doing to make insurance more fair is industry leading. I am looking forward to helping the team advance their mission,” McPeak said.
She will report to Root General Counsel Jon Allison.
About Root Inc.
Root Inc. is the parent company of Root Insurance, the nation’s first licensed insurance carrier powered entirely by mobile. We were founded on the belief that the services you need for everyday life should serve you better. That’s why we base insurance coverages on you, not your demographic. It’s the way insurance should be. And it’s all conveniently in an app.
Root is headquartered in Columbus, Ohio, with renters insurance available in Arkansas, Missouri, Ohio, Georgia, Kentucky, Nevada, Tennessee, and Utah, and auto insurance currently available to drivers in Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, New Mexico, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and West Virginia.
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