Roadzen Named One of CNBC's World's Top InsurTech Companies for 2024
August 08 2024 - 7:00AM
Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global
leader in AI at the intersection of insurance and mobility, has
been named one of CNBC's World's Top InsurTech Companies for 2024.
This prestigious recognition, awarded by CNBC and Statista,
highlights the top 150 InsurTech companies across six market
segments globally.
Roadzen is one of just 25 companies featured in the Underwriting
& Risk Analysis category. To select the top 150 firms, a team
of analysts at Statista carried out in-depth research into relevant
KPIs for over 1,000 eligible companies between March and May 2024
with a focus on using artificial intelligence, machine learning,
and other technologies to streamline underwriting, improve risk
assessment accuracy, and enhance decision making. The recognition
validates Roadzen's leadership in innovation and sets a benchmark
for industry best practices.
“We are honored to receive this recognition,” said Rohan
Malhotra, CEO of Roadzen. “At Roadzen, we harness the power of AI,
telematics, and computer vision to provide our clients with more
affordable and personalized, data-driven insurance solutions. Our
technology allows for precise risk assessment and tailored pricing
based on individual driving behaviors, that not only enhances
operational efficiency but also provides consumers with
transparency and control over their insurance experiences.”
With offices in the U.S., India, the U.K., and France, Roadzen
has a global presence and a team of 380 employees supporting 160
enterprise customers and 3,200 small and medium businesses. For the
fiscal year ended March 31, 2024, Roadzen achieved record revenues
of $46.7 million, a 245% increase over the prior year, and
continues to establish itself as a leader in vertical AI.
About Roadzen Inc. Roadzen Inc. (Nasdaq: RDZN)
is a global technology company transforming auto insurance using
advanced artificial intelligence (AI). Thousands of clients, from
the world’s leading insurers, carmakers and fleets to dealerships
and auto insurance agents, use Roadzen’s technology to build new
products, sell insurance, process claims, and improve road safety.
Roadzen’s pioneering work in telematics, generative AI, and
computer vision has earned Roadzen recognition as a top AI
innovator by publications such as Forbes, Fortune and Financial
Express. Roadzen’s mission is to continue advancing AI research at
the intersection of mobility and insurance, ushering in a world
where accidents are prevented, premiums are fair, and claims are
processed within minutes, not weeks. Headquartered in Burlingame,
California, the Company has 380 employees across its global offices
in the U.S., India, U.K. and France. To learn more, please visit
www.roadzen.ai.
Media Contacts:Sanya Soni:
sanya@roadzen.aiGutenberg: roadzen@thegutenberg.com
Investor Contacts: IR@roadzen.ai
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statements within the meaning of Section 27A of the Securities Act
of 1933, as amended (the “Securities Act”), and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
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