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Roadzen Wins Major Auto Insurance Mandate Worth More Than $20 Million in Annual Premiums from One of the World's Largest Carmakers

RDZN
  • Roadzen Inc. (NASDAQ: RDZN) secured a mandate to act as a Managing General Agent (MGA) for a top-five global carmaker in a major European market.
  • The partnership involves over $20 million in annual gross written premiums & is expected to generate recurring revenue exceeding 15% of gross written premiums through fees.
  • Roadzen will handle administration, claims, & payments for the automaker's insurance operations using its Global Distribution Network (GDN) platform.
  • The program, selected after an extensive evaluation, is powered by AI-driven technology for risk scoring, pricing, policy issuance, & claims automation.
  • The insurance program is scheduled to launch next quarter across 14 countries & will integrate seamlessly into the automaker's digital ecosystem.
  • Roadzen is headquartered in Burlingame, California, employs more than 300 people, & maintains offices in the U.S., U.K., & India.