Press release
Roadzen Inc. (NASDAQ: RDZN) Wins $20M Annual Auto Insurance Mandate from Top 5 Global Carmaker - More Stocks Inside
Roadzen Inc. (NASDAQ: RDZN), a global AI leader at the intersection of insurance and mobility, announced it has secured a major mandate exceeding $20 million in annual gross written premiums from one of the world's top five carmakers. Under the agreement, Roadzen will serve as a Managing General Agent (MGA), managing administration, claims, and payments for the automaker's insurance operations in a major European market.The win marks a significant milestone for Roadzen, reinforcing its expanding role as both a technology provider and insurance partner to leading global automakers. The program, powered by Roadzen's Global Distribution Network (GDN) platform, will launch next quarter and enable policy management, dynamic claims reporting, and payments automation through an embedded digital framework integrated directly into the automaker's ecosystem.
Expected to generate recurring revenue exceeding 15% of gross written premiums, the mandate underscores Roadzen's ability to combine AI-driven risk analysis, compliance, and automation to streamline the full insurance lifecycle - from underwriting to claims settlement.
Trading actively now alongside: Roadzen Inc. (NASDAQ: RDZN) Urban-gro Inc (NASDAQ: UGRO), Strata Skin Sciences Inc (NASDAQ: SSKN), TOMI Environmental (NASDAQ: TOMZ), Everbright Digital (NASDAQ: EDHL), Momentus Inc (NASDAQ: MNTS), IT Tech Packaging Inc (NYSE: ITP) New Era Energy (NASDAQ: NUAI) and as Gold surges Power Metallic (TSXV: PNPN | OTCQB: PNPNF) all trading actively in early sessions.
"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 connected vehicles grow and carmakers digitize insurance programs, our AI platform powers the full stack - from pricing to policy issuance - now across 14 countries."
This new partnership strengthens Roadzen's momentum as a scaling AI-insurtech leader redefining embedded auto insurance globally.
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