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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.
Posted In: RDZN
