Roadzen Subsidiary Partners with Major UK Car Retailer to Offer Integrated GAP Insurance

Roadzen Inc. (NASDAQ:RDZN) is one of the tech stocks to buy according to analysts. On July 15, Roadzen announced that its wholly-owned UK-based subsidiary, called Global Insurance Management Limited/GIM, partnered with one of the UK’s largest independent retailers of nearly new cars and vans.

The collaboration will offer GAP Insurance to the retailer’s over 60,000 annual vehicle buyers as part of their vehicle purchase process. Through the partnership, Roadzen’s advanced technology and insurance infrastructure will power a fully integrated Return to Invoice/RTI GAP insurance solution. The solution will be embedded directly into the UK retailer’s digital and in-store sales process.

The partnership is facilitated by Roadzen’s Global Distribution Network/GDN platform, which provides real-time pricing, policy issuance, payment collection, and claims processing through a single, seamless digital interface for clients.

Roadzen Inc. (NASDAQ:RDZN) operates an Insurtech company in India, the US, the UK, and Europe. It serves insurers, reinsurers, agents, brokers, carmakers, dealerships, fleets, taxicab companies, ridesharing platforms, and other distribution channels.

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Disclosure: None. This article is originally published at Insider Monkey.