Roadzen Inc (RDZN)

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$RDZN Roadzen’s UK Subsidiary, Global Insurance Management, Secures Several New Contracts Representing $2.5 Million in Projected Annual Revenue

https://www.globenewswire.com/news-release/2026/04/22/3278985/0/en/Roadzen-s-UK-Subsidiary-Global-Insurance-Management-Secures-Several-New-Contracts-Representing-2-5-Million-in-Projected-Annual-Revenue.html

NEW YORK, April 22, 2026 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), a global leader in AI at the convergence of insurance and mobility, today announced that its wholly owned UK-based subsidiary, Global Insurance Management Limited (“GIM”), has closed several new commercial contracts that are collectively projected to contribute approximately $2.5 million in revenue over the coming twelve months.

The contracts span a diverse range of partners across the automotive finance, dealer, and fleet sectors in the United Kingdom and internationally, with GIM providing two core product lines — connected vehicle protection and a suite of GAP Insurance solutions across these client relationships. The programs are built on Roadzen’s Global Distribution Network (“GDN”), a technology platform that enables real-time policy pricing, issuance, payments, and claims management through a single integrated platform and embedded APIs, helping deliver seamless customer journeys with greater control and peace of mind.

The new wins build on the momentum from two major OEM contracts announced over the last two quarters and represent a meaningful expansion of Roadzen’s commercial footprint in the UK and Europe.

New Client Partnerships

The newly contracted clients, spanning vehicle finance brokerages, franchised dealer groups, independent automotive retailers, fleet operators, and affinity distribution partners, will each offer GIM’s products to their end customers through embedded and point-of-sale channels. While individual client names remain confidential and will be disclosed in due course where appropriate, the portfolio represents a meaningful broadening of GIM’s commercial footprint and distribution reach across the UK and select international markets.

Vehicle Finance Brokerages: Multiple award-winning independent brokerages providing retail and business finance across the UK, distributing connected vehicle protection and GAP products to their dealer and end-customer networks.
Franchised and Independent Dealer Groups: UK-based automotive retail groups offering GIM’s connected protection and GAP solutions as standard ancillary products at point of vehicle sale.
Fleet and Mobility Operators: Commercial fleet operators and mobility service providers integrating covert tracking and 24/7 recovery infrastructure into their vehicle management programs.
Affinity and Aggregator Channels: Distribution partners with large consumer or SME bases embedding GIM’s insurance products within their existing product suites.

“We are extremely pleased to see this momentum,” said Rohan Malhotra, Founder and CEO of Roadzen. “Together with the major OEM contracts we announced over the last two quarters, these new wins reflect a meaningful resumption of growth in the UK and Europe. The breadth of clients we are serving demonstrates the value of our technology and our unique position at the intersection of insurance and mobility. We are now seeing tailwinds across all of our global businesses — India, the U.S. and the UK — and we remain focused on executing against our growth goals for the year.”