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Roadzen Named One of CNBC's World's Top InsurTech Companies for 2024

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Roadzen Inc. (Nasdaq: RDZN) has been named one of CNBC's World's Top InsurTech Companies for 2024. This recognition, awarded by CNBC and Statista, highlights the top 150 InsurTech companies globally. Roadzen is one of 25 companies featured in the Underwriting & Risk Analysis category.

The selection process involved in-depth research of over 1,000 eligible companies, focusing on the use of AI, machine learning, and other technologies to streamline underwriting and improve risk assessment. Roadzen's CEO, Rohan Malhotra, emphasized their use of AI, telematics, and computer vision to provide more affordable and personalized insurance solutions.

With a global presence and 380 employees, Roadzen supports 160 enterprise customers and 3,200 SMBs. For the fiscal year ended March 31, 2024, the company achieved record revenues of $46.7 million, a 245% increase over the prior year.

Roadzen Inc. (Nasdaq: RDZN) è stata nominata una delle Top InsurTech Companies del Mondo per il 2024 da CNBC. Questo riconoscimento, conferito da CNBC e Statista, evidenzia le 150 migliori aziende InsurTech a livello globale. Roadzen è una delle 25 aziende incluse nella categoria Sottoscrizione & Analisi del Rischio.

Il processo di selezione ha coinvolto una ricerca approfondita di oltre 1.000 aziende idonee, concentrandosi sull'uso di AI, machine learning e altre tecnologie per ottimizzare la sottoscrizione e migliorare la valutazione del rischio. Il CEO di Roadzen, Rohan Malhotra, ha sottolineato l'uso di AI, telematica e visione computerizzata per fornire soluzioni assicurative più accessibili e personalizzate.

Con una presenza globale e 380 dipendenti, Roadzen supporta 160 clienti enterprise e 3.200 piccole e medie imprese. Per l'anno fiscale concluso il 31 marzo 2024, l'azienda ha registrato entrate record di 46,7 milioni di dollari, un aumento del 245% rispetto all'anno precedente.

Roadzen Inc. (Nasdaq: RDZN) ha sido nombrada una de las Mejores Empresas InsurTech del Mundo para 2024 por CNBC. Este reconocimiento, otorgado por CNBC y Statista, destaca a las 150 principales compañías InsurTech a nivel global. Roadzen es una de las 25 empresas destacadas en la categoría de Suscripción y Análisis de Riesgos.

El proceso de selección involucró una investigación exhaustiva de más de 1,000 empresas elegibles, centrándose en el uso de IA, aprendizaje automático y otras tecnologías para optimizar la suscripción y mejorar la evaluación de riesgos. El CEO de Roadzen, Rohan Malhotra, enfatizó su uso de IA, telemática y visión por computadora para proporcionar soluciones de seguros más asequibles y personalizadas.

Con presencia global y 380 empleados, Roadzen apoya a 160 clientes empresariales y 3,200 pequeñas y medianas empresas. Para el año fiscal que finalizó el 31 de marzo de 2024, la compañía logró ingresos récord de 46.7 millones de dólares, un aumento del 245% en comparación con el año anterior.

로드젠 주식회사 (Nasdaq: RDZN)가 CNBC의 2024년 세계 최고의 인슈어테크 기업 중 하나로 선정되었습니다. 이 인정은 CNBC와 Statista가 수여하며, 전 세계 150대 인슈어테크 회사를 강조합니다. 로드젠은 인수 및 리스크 분석 범주에 포함된 25개 기업 중 하나입니다.

선정 과정은 1,000개 이상의 적격 기업을 심층적으로 조사하는 것을 포함하였으며, AI, 머신 러닝 및 기타 기술을 활용하여 인수 프로세스를 간소화하고 리스크 평가를 개선하는 데 중점을 두었습니다. 로드젠의 CEO인 로한 말호트라는 AI, 텔레매틱스 및 컴퓨터 비전을 활용하여 더 저렴하고 개인화된 보험 솔루션을 제공한다고 강조했습니다.

전 세계에 진출해 있으며 380명의 직원을 보유한 로드젠은 160개의 기업 고객과 3,200개의 중소기업을 지원합니다. 2024년 3월 31일에 종료된 회계연도에 회사는 4670만 달러의 기록적인 수익을 달성하여 전년 대비 245% 증가했습니다.

Roadzen Inc. (Nasdaq: RDZN) a été nommé l'une des Meilleures entreprises InsurTech au monde pour 2024 par CNBC. Cette reconnaissance, attribuée par CNBC et Statista, met en avant les 150 principales entreprises InsurTech à travers le monde. Roadzen est l'une des 25 entreprises présentées dans la catégorie Souscription & Analyse des Risques.

Le processus de sélection a impliqué une recherche approfondie de plus de 1 000 entreprises éligibles, se concentrant sur l'utilisation de l'IA, de l'apprentissage automatique et d'autres technologies pour rationaliser la souscription et améliorer l'évaluation des risques. Le PDG de Roadzen, Rohan Malhotra, a souligné leur utilisation de l'IA, de la télématique et de la vision par ordinateur pour offrir des solutions d'assurance plus abordables et personnalisées.

Avec une présence mondiale et 380 employés, Roadzen soutient 160 clients entreprises et 3 200 PME. Pour l'exercice fiscal clos le 31 mars 2024, la société a réalisé des revenus records de 46,7 millions de dollars, soit une augmentation de 245 % par rapport à l'année précédente.

Roadzen Inc. (Nasdaq: RDZN) wurde von CNBC als eines der Top InsurTech-Unternehmen der Welt für 2024 ausgezeichnet. Diese Anerkennung, die von CNBC und Statista verliehen wurde, hebt die weltweit 150 besten InsurTech-Unternehmen hervor. Roadzen ist eines von 25 Unternehmen in der Kategorie Underwriting & Risikobewertung.

Der Auswahlprozess umfasste eine eingehende Recherche über 1.000 geeignete Unternehmen, wobei der Schwerpunkt auf der Nutzung von KI, maschinellem Lernen und anderen Technologien lag, um das Underwriting zu optimieren und die Risikobewertung zu verbessern. Der CEO von Roadzen, Rohan Malhotra, betonte den Einsatz von KI, Telematik und Computer Vision, um erschwinglichere und personalisierte Versicherungslösungen anzubieten.

Mit einer globalen Präsenz und 380 Mitarbeitern unterstützt Roadzen 160 Unternehmens Kunden und 3.200 kleine und mittlere Unternehmen. Für das zum 31. März 2024 abgeschlossene Geschäftsjahr erzielte das Unternehmen Rekordumsätze von 46,7 Millionen USD, was einem Anstieg von 245 % im Vergleich zum Vorjahr entspricht.

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NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- 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.ai
Gutenberg: roadzen@thegutenberg.com

Investor Contacts: IR@roadzen.ai

Cautionary Statement Regarding Forward-Looking Statements
This press release includes forward-looking 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”). We have based these forward-looking statements on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “pipeline,” “leads,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, statements regarding our strategy, demand for our products, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management, as well as all other statements other than statements of historical fact included in this press release. Factors that might cause or contribute to such a discrepancy include, but are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, including the definitive proxy statement/prospectus we filed with the SEC on August 14, 2023. We urge you to consider these factors, risks and uncertainties carefully in evaluating the forward-looking statements contained in this press release. All subsequent written or oral forward-looking statements attributable to our company or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements included in this press release are made only as of the date of this release. Except as expressly required by applicable securities law, we disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.


FAQ

What recognition did Roadzen (RDZN) receive from CNBC in 2024?

Roadzen (RDZN) was named one of CNBC's World's Top InsurTech Companies for 2024, specifically in the Underwriting & Risk Analysis category.

How many companies were selected for CNBC's World's Top InsurTech Companies list in 2024?

CNBC's World's Top InsurTech Companies list for 2024 featured 150 companies across six market segments globally.

What technologies does Roadzen (RDZN) use in its insurance solutions?

Roadzen (RDZN) uses AI, telematics, and computer vision to provide affordable and personalized, data-driven insurance solutions.

What was Roadzen's (RDZN) revenue for the fiscal year ended March 31, 2024?

Roadzen (RDZN) achieved record revenues of $46.7 million for the fiscal year ended March 31, 2024, a 245% increase over the prior year.

How many enterprise customers does Roadzen (RDZN) support as of August 2024?

As of August 2024, Roadzen (RDZN) supports 160 enterprise customers and 3,200 small and medium businesses.

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