Roadzen Partners with One of the World’s Largest Telematics Providers to Launch Connected Vehicle Protection in the UK

Rhea-AI Summary

Roadzen (NASDAQ: RDZN) has announced a strategic partnership through its UK subsidiary, Global Insurance Management Limited (GIM), with a major telematics provider to launch an integrated vehicle protection solution in the UK. The new offering combines real-time telematics-enabled asset tracking with Guaranteed Asset Protection (GAP) insurance, targeting automotive retail and finance markets. The three-year partnership is expected to generate seven-figure annual revenues and leverages technology already used by the top 10 global vehicle manufacturers. The solution addresses rising vehicle theft issues in the UK's £17 billion motor insurance market. CEO Rohan Malhotra addressed recent stock volatility, affirming strong business fundamentals and growth trajectory. The partnership will initially focus on the UK market with planned expansion into Europe, marking GIM's growth resumption following regulatory transition.

Positive

• Partnership expected to generate seven-figure annual revenues
• Access to technology deployed by top 10 global vehicle manufacturers
• Targets £17 billion UK motor insurance market opportunity
• Planned expansion into European markets
• Company reports strong fundamentals and growing client pipeline

Negative

• Recent stock price volatility
• Company still on path to breakeven after challenging 2024
• Regulatory transition period affected UK growth

Insights

Technology/Insurtech Expert

Roadzen's new connected vehicle solution combines telematics with insurance to address UK's vehicle theft issues, leveraging major OEM relationships for distribution.

Roadzen's partnership represents a strategic advancement in connected vehicle technology by combining two traditionally separate products: real-time telematics-enabled asset tracking and Guaranteed Asset Protection (GAP) insurance. This integration creates a unified digital-first platform that addresses the specific issue of rising vehicle theft in the UK motor market.

The technical architecture leverages Roadzen's Global Dealer Network (GDN) platform to create seamless integration across both physical dealerships and online OEM channels. What's particularly significant is the integration with a telematics provider that already has established relationships with more than 30 global vehicle manufacturers, including all top 10 OEMs. This existing infrastructure enables faster market penetration without having to build these technical relationships from scratch.

For automotive retailers, this solution offers a value-added service that can be embedded directly into the vehicle purchase process. The digital-first approach aligns with the broader trend toward omnichannel automotive retail, where consumers expect integrated digital experiences. The platform's design appears focused on scalability, with the UK deployment serving as the initial market before planned expansion into Europe.

The resumption of GIM's growth following a regulatory transition period indicates Roadzen has worked through compliance requirements necessary for insurance operations in the UK, which creates a more stable foundation for this technology deployment. With dealership clients already onboarding, the platform has moved beyond concept to actual implementation.

Financial Analyst

This partnership targets UK's £17B motor insurance market with projected seven-figure annual revenue while supporting Roadzen's path to profitability after a challenging 2024.

This strategic three-year partnership positions Roadzen to tap into the £17+ billion UK motor insurance market with an innovative product addressing the growing challenge of vehicle theft. The projected seven-figure annual revenue represents a meaningful contribution for Roadzen, particularly as the company works toward its stated goal of reaching breakeven.

The business model offers several financial advantages. By bundling telematics with GAP insurance, Roadzen creates a differentiated product that potentially improves margins compared to traditional insurance offerings. The digital distribution through dealerships and OEM channels also creates operational efficiency versus conventional insurance sales methods.

The CEO's comments provide important context regarding the company's current position. The acknowledgment of recent stock volatility and "challenging 2024" indicates this partnership is part of a broader recovery strategy. His statement that business fundamentals "remain strong" with the company "on track with our business plan, including our path to breakeven" suggests disciplined financial management despite market pressures.

From an expansion perspective, the initial UK focus with planned European market entry creates a phased growth approach that allows for operational refinement before scaling. The resumption of GIM's growth following a regulatory transition period indicates Roadzen has addressed compliance requirements necessary for UK insurance operations, establishing a foundation for continued expansion of insurance programs in the region through 2025.

NEW YORK, May 06, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global leader in AI at the intersection of insurance and mobility, announced today that its wholly owned UK-based subsidiary, Global Insurance Management Limited (“GIM”), has partnered with one of the world’s largest telematics providers to deliver an integrated, technology-led vehicle protection solution for the UK automotive retail and finance markets.

The new solution combines real-time telematics-enabled asset tracking with Guaranteed Asset Protection (GAP) insurance. Designed for seamless integration into both auto dealership showrooms and online OEM sales channels, the bundled product offers vehicle owners theft deterrence, real-time monitoring, and financial protection—all through a single, digital-first platform powered by Roadzen’s Global Dealer Network (GDN) platform. With dealership clients already onboarding, Roadzen believes that the partnership is poised to generate seven-figure revenues annually.

The strategic three-year partnership leverages GIM’s digital insurance distribution with the telematics partner’s best-in-class connected vehicle security technology, already deployed by more than 30 global vehicle manufacturers—including each of the top 10 OEMs—as well as major fleet operators across industries. It directly addresses a growing challenge in the UK, where rising vehicle theft is driving insurance premiums higher. The UK motor insurance market exceeds £17 billion annually, offering a substantial opportunity for innovative, tech-led solutions. The initial rollout will focus on the UK, with phased expansion into European markets planned.

This launch also marks the resumption of GIM’s growth in the UK following a period of regulatory transition. Roadzen expects continued expansion across its insurance programs in the region through 2025.

“This partnership represents Roadzen’s broader vision: embedding intelligence and insurance into the mobility experience,” said Rohan Malhotra, Founder and CEO of Roadzen. “By integrating advanced telematics with embedded protection, we’re helping carmakers and dealerships deliver smarter, tech-enabled solutions to consumers while tapping into a significant new market opportunity.”

Mr. Malhotra commented on the recent stock volatility:
“Although external factors have impacted our stock, I want to reiterate that our business fundamentals haven’t changed and remain strong. Our pipeline is stronger than ever, and we are actively onboarding new clients globally. We are on track with our business plan, including our path to breakeven, and after a challenging 2024, we are positioned to deliver strong growth this year.”

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 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 320 employees across its global offices in the U.S., U.K. and India. To learn more, please visit www.roadzen.ai.

About Global Insurance Management Limited
Global Insurance Management is a leading UK-based insurance services provider and a wholly owned subsidiary of Roadzen Inc. The company specializes in delivering technology-led solutions across motor insurance distribution, administration, claims management, and customer support. Serving a wide network of financial institutions, motor retailers, and insurers, Global integrates innovation with regulatory compliance to support value-driven insurance programs and protection products throughout the automotive industry.

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,” “estimate,” and “continue,” or the negative of such terms or other similar expressions. Such statements include, but are not limited to, statements regarding the anticipated benefits of our products and solutions, anticipated benefits and revenues from the partnership described in this press release, 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 annual report on Form 10-K we filed with the SEC on July 1, 2024. 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.

For more information, please contact:
Investor Contacts: IR@roadzen.ai
Media Contacts: Sanya Soni sanya@roadzen.ai or media@roadzen.ai

FAQ

What is the new partnership announced by Roadzen (RDZN) for the UK market?

Roadzen's UK subsidiary GIM partnered with a major telematics provider to launch an integrated vehicle protection solution combining real-time telematics-enabled asset tracking with GAP insurance for UK automotive retail and finance markets.

How much revenue is expected from Roadzen's (RDZN) new UK telematics partnership?

The partnership is expected to generate seven-figure revenues annually, targeting the £17 billion UK motor insurance market.

What markets will Roadzen's (RDZN) new vehicle protection solution expand to?

The solution will initially launch in the UK market, with phased expansion planned into European markets.

How did Roadzen (RDZN) CEO address recent stock volatility?

CEO Rohan Malhotra stated that despite stock volatility, business fundamentals remain strong, with a growing pipeline, active global client onboarding, and the company staying on track with its business plan and path to breakeven.

What problem does Roadzen's (RDZN) new UK solution address?

The solution addresses rising vehicle theft in the UK, which is driving insurance premiums higher, by combining theft deterrence, real-time monitoring, and financial protection in a single digital platform.