$RDZN Roadzen Wins Major Auto Insurance Mandate Wo
Post# of 25859
(Total Views: 23)
Posted On: 10/14/2025 12:17:36 PM
$RDZN Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World’s Largest Carmakers
https://www.globenewswire.com/news-release/20...akers.html
NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has won a mandate to act as a Managing General Agent (MGA) for one of the world’s top five carmakers, managing its insurance program to be rolled out in a major European market.
The partnership, representing over $20 million in annual gross written premiums, marks a major milestone for Roadzen and underscores its expanding role as both a technology and insurance partner to global automakers. Roadzen will manage administration, claims, and payments for the automaker’s insurance operations, earning fees expected to contribute more than 15% of gross written premiums as recurring revenue for the Company.
The automaker selected Roadzen following an extensive evaluation process, reflecting confidence in the Company’s AI-driven technology, compliance standards, and operational excellence. The program, powered by Roadzen’s Global Distribution Network (GDN) platform, is expected to be launched next quarter and enables policy management, dynamic management information for claims and payments automation through an embedded digital framework seamlessly integrated into the automaker’s ecosystem.
“This partnership positions Roadzen to play an even greater role in transforming how insurance is delivered across global mobility ecosystems,” said Rohan Malhotra, Founder and CEO of Roadzen. “As vehicles become increasingly connected, and as carmakers digitize their insurance programs, our AI helps them power the full stack—from risk scoring and pricing to policy issuance and claims—now across 14 countries. We’re becoming an ideal partner to global carmakers. This is the future of auto insurance, and we’re proud to be helping shape it.”
https://www.globenewswire.com/news-release/20...akers.html
NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced that it has won a mandate to act as a Managing General Agent (MGA) for one of the world’s top five carmakers, managing its insurance program to be rolled out in a major European market.
The partnership, representing over $20 million in annual gross written premiums, marks a major milestone for Roadzen and underscores its expanding role as both a technology and insurance partner to global automakers. Roadzen will manage administration, claims, and payments for the automaker’s insurance operations, earning fees expected to contribute more than 15% of gross written premiums as recurring revenue for the Company.
The automaker selected Roadzen following an extensive evaluation process, reflecting confidence in the Company’s AI-driven technology, compliance standards, and operational excellence. The program, powered by Roadzen’s Global Distribution Network (GDN) platform, is expected to be launched next quarter and enables policy management, dynamic management information for claims and payments automation through an embedded digital framework seamlessly integrated into the automaker’s ecosystem.
“This partnership positions Roadzen to play an even greater role in transforming how insurance is delivered across global mobility ecosystems,” said Rohan Malhotra, Founder and CEO of Roadzen. “As vehicles become increasingly connected, and as carmakers digitize their insurance programs, our AI helps them power the full stack—from risk scoring and pricing to policy issuance and claims—now across 14 countries. We’re becoming an ideal partner to global carmakers. This is the future of auto insurance, and we’re proud to be helping shape it.”
(0)
(0)