TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

Roadzen Signs Definitive Agreement to Acquire Majority Control of a Commercial Auto Insurance Broker, Expanding Its U.S. Footprint

Benzinga Logo Benzinga By Globe Newswire
Roadzen Signs Definitive Agreement to Acquire Majority Control of a Commercial Auto Insurance Broker, Expanding Its U.S. Footprint

Roadzen Inc. has signed a definitive agreement to acquire majority control of a commercial auto insurance broker operating across several U.S. states, expanding its U.S. footprint and aiming to transform the $75-80 billion commercial auto insurance market through AI-powered solutions.

Insights
GOOG   positive

Surged 4% and marked its seventh consecutive month of gains with a 63% advance over four months


RDZN   positive

Company is strategically expanding into U.S. market, acquiring a revenue-generating platform with potential to grow to $150 million in Gross Written Premiums within three years