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Roadzen Inc. (NASDAQ: RDZN), a global AI leader transforming auto insurance and mobility, announced a definitive agreement to acquire majority control of a U.S.-based commercial auto insurance broker and managing general underwriter (MGU)—a move that significantly accelerates its American market presence.
The acquisition, expected to close this quarter, is non-dilutive for shareholders and projected to generate over $30 million in annual premiums and $8 million in annual revenues within the next twelve months, achieving a 25% net income margin on a standalone basis. Operating across California, Texas, Illinois, and New Jersey, the MGU holds Lloyd’s of London Coverholder status, enabling Roadzen to underwrite specialty transportation risks through leading syndicates.
Following the announcement, RDZN surged 21% to close at $1.67, trading 3.66 million shares—its highest dollar volume day since December 20, 2024—and hit $1.75 in after-hours trading, reflecting strong investor enthusiasm.
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The acquisition marks a strategic leap in Roadzen’s U.S. expansion, integrating with its DrivebuddyAI and National Auto Club operations to create a unified AI-powered ecosystem for commercial fleets, claims automation, and telematics-driven underwriting. Together, these divisions are projected to reach $150 million in gross written premiums (GWP) within three years.
CEO Rohan Malhotra stated, “This acquisition cements our position in the U.S. market and enhances our technology-led distribution capabilities. With momentum across India, Europe, and now the U.S., Roadzen is building the world’s leading company at the intersection of AI, insurance, and mobility.”
With this acquisition, Roadzen Inc. (NASDAQ: RDZN) strengthens its position as a rising force in the $75+ billion U.S. commercial auto insurance market. By combining AI-driven analytics, telematics, and embedded insurance capabilities, the company is creating a scalable, high-margin platform built for sustainable growth. Supported by record trading momentum and a fully funded path to profitability, Roadzen now stands at the forefront of reshaping how commercial insurance is underwritten, distributed, and managed across a connected, data-driven mobility landscape.