Roadzen Wins Prestigious IFTA Excellence in InsurTech Award
13 December 2024 - 3:30AM
Roadzen Inc. (Nasdaq: RDZN) (“Roadzen” or the “Company”), a global
leader in AI at the convergence of insurance and mobility,
announced that it was honored today with the IFTA Excellence in
InsurTech award by the India FinTech Forum. The award recognizes
Roadzen’s outstanding achievements in demonstrating exceptional
innovation, efficiency, and customer impact in the insurance
industry.
The IFTA Excellence in InsurTech Award is
presented annually by the India Finance Technology Awards (IFTA)
committee to companies that lead the way in leveraging technology
to deliver cutting-edge solutions. This recognition highlights
Roadzen’s unwavering commitment to driving innovation, enhancing
customer experiences, and reshaping the future of the vehicle
insurance industry.
“We are truly honored to receive the IFTA
Excellence in InsurTech Award,” said Rohan Malhotra, Roadzen’s
founder and CEO. “This award is a testament to our team’s
dedication to developing transformative solutions that address
industry challenges and deliver real value to our clients and our
clients’ clients.”
About Roadzen Inc.Roadzen Inc.
(Nasdaq: RDZN) is a global technology company transforming auto
insurance using advanced artificial intelligence (AI). Thousands of
clients, from the world’s leading insurers, carmakers, and fleets
to dealerships and auto insurance agents, use Roadzen’s technology
to build new products, sell insurance, process claims, and improve
road safety. Roadzen’s pioneering work in telematics, generative
AI, and computer vision has earned recognition as a top AI
innovator by publications such as Forbes, Fortune, and Financial
Express. Roadzen’s mission is to continue advancing AI research at
the intersection of mobility and insurance, ushering in a world
where accidents are prevented, premiums are fair, and claims are
processed within minutes, not weeks. Headquartered in Burlingame,
California, the Company has 360 employees across its global offices
in the U.S., India, U.K. and France.
To learn more, please visit www.roadzen.ai.
About IFTA
The India FinTech Forum is a non-profit
initiative that offers a platform for fintech companies to
collaborate and voice their opinions on the relevant policy issues.
More than 4,500 fintech companies and over 37,000 individuals
dedicated to enhancing the ecosystem so that India leads the global
fintech innovation wave. Indian fintech firms have unique
opportunities with the India Stack (Aadhar, UPI, etc.), which are
not available anywhere else in the world. Today, India is on the
cusp of a profound shift in the way financial services are accessed
by millions of citizens. And this shift will be primarily led by
innovative fintech startups in collaboration with big banks or
large corporations. Government policies and regulations by
important institutions like RBI, SEBI, IRDA etc. will play a major
role in shaping the fintech sector. Several industry associations
are present in India like CII, FICCI, ASSOCHAM, SIAM (for
automobile manufacturers), COAI (for cellular operators), etc. to
voice the opinion of their member companies. Similarly, the India
FinTech Forum serves as the unifying platform where the Indian
fintech community can present its thoughts and views (in consensus)
to the government or policy regulators on important issues relating
to the sector.
www.indiafintech.com
Cautionary Statement Regarding Forward Looking
Statements
This press release includes forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended (the “Securities Act”), and Section 21E of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”).
We have based these forward-looking statements on our current
expectations and projections about future events. These
forward-looking statements are subject to known and unknown risks,
uncertainties and assumptions about us that may cause our actual
results, levels of activity, performance or achievements to be
materially different from any future results, levels of activity,
performance or achievements expressed or implied by such
forward-looking statements. In some cases, you can identify
forward-looking statements by terminology such as “may,” “should,”
“could,” “would,” “expect,” “plan,” “anticipate,” “believe,”
“estimate,” and “continue,” or the negative of such terms or other
similar expressions. Such statements include, but are not limited
to, statements regarding our expected revenue growth, strategy,
demand for our products, expansion plans, future operations, future
operating results, estimated revenues, losses, projected costs,
prospects, plans and objectives of management, as well as all other
statements other than statements of historical fact included in
this press release. Factors that might cause or contribute to such
a discrepancy include, but are not limited to, those described in
“Risk Factors” in our Securities and Exchange Commission (“SEC”)
filings, including the annual report on Form 10-K we filed with the
SEC on July 1, 2024. We urge you to consider these factors, risks
and uncertainties carefully in evaluating the forward-looking
statements contained in this press release. All subsequent written
or oral forward-looking statements attributable to our company or
persons acting on our behalf are expressly qualified in their
entirety by these cautionary statements. The forward-looking
statements included in this press release are made only as of the
date of this release. Except as expressly required by applicable
securities law, we disclaim any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
For more information, please contact:
Investor Contacts: IR@roadzen.ai
Media Contacts: Sanya Soni
sanya@roadzen.ai or media@roadzen.ai
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