TOP 10

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Using smartphone technology , Root Insurance is able to measure driver behaviour in situ to develop a more accurate picture of overall safety on the road . Able to narrow down those who drive the best in everyday scenarios , the company offers insurance premiums to them exclusively , thereby also making the rates much more affordable . Through the Root Insurance app , customers can purchase or customise their policy , make changes , files claims , cancel policies and more . Believing that the best route for an insurtech is one paved with data , technology and an innovative mindset , Root Insurance is a revolutionary platform for customers to buy car insurance . Valued at $ 3.5bn , it is the largest insurance-based unicorn in the market and takes the number one spot on our list . SEPTEMBER 2020