This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO. The former startup follows insurtech leader Lemonade to the public markets during a year in which IPOs have been well-received by investors focused more … Continue reading Root targets $6B+ valuation in pending IPO, a boon for insurtech startups