2020 saw a sharp increase in underwriting profits amid a reduction in driving that led to substantially fewer insurance claims in the pandemic year. But in 2021 as economies have recovered, competitive pricing forces and a return to historical claims frequency patterns are making this increased level of performance unsustainable. …

Press Release, 31st October 2021 Roadzen has been featured by Forbes in its top 10 Technology & AI Innovators list earlier this month. “Roadzen is transforming global insurance for mobility. With a deeply integrated AI stack from labeling to training to neural network design, Roadzen utilizes telematics and computer vision…

The selection as world’s 100 most innovative Insurtech announced by Fintech Global identified Roadzen as the next-gen platform transforming insurance for mobility. 28 October 2021 Press Release The global fintech Roadzen has been recognized by Fintech Global as a top global Insurtech for 2021 in its annual list of the…

It is convenient, fast, and costs comparatively less. Today online insurance is an instant hit as a flexible and fast-moving lifestyle product. With the increasing number of insurance customers opting for the convenience of purchasing insurance online, insurers have started offering exclusive deals online. The biggest advantage of buying insurance…

The boom in the financial technology industry has had rippling effects across the marketplaces including the automotive industry. The traditional business model is being upended by service-based financial offerings. As customers ask for flexible usage models, connected cars are making new services possible. Automotive sales, leasing, financing, and retail channels…

From flexible vehicle subscriptions & embedded insurance — the latest disruption in automotive is coming from the safe & traditional financial services. The changing face of mobility is now making a clear impact on financial services, auto insurance & asset management. Automotive mobility driven by a series of converging technological…

As cars evolve and mobility takes on new and greater meaning, how is roadside assistance going to keep ahead of the curve. Cars are becoming safer, but repairing them is becoming more expensive, with much more integrated components & features being part of the vehicle. Now a simple accident which…

Many insurers have been transforming their organizations, or at least claiming to — into digital businesses. After 2020, there is simply no excuse. Since 2020, insurers have been forced to accept a new reality in which they must be agile and be able to respond to any event. For insurers…

While the pandemic has taught the world to expect the unexpected, things are expected to change very quickly for auto insurance in 2021. The trends that emerged in insurance industry under the unique circumstances of a global pandemic has evolved a completely changed scenario for auto. Commercial auto insurance, which…