Always nice to win an award and so Roadzen are celebrating. IE will be looking out for more growth from this company in 2024/25;
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.
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