Roadzen Targets $50M U.S. Insurance Capacity With New Commercial Auto LOI

Apr 30, 2026

Roadzen (NASDAQ: RDZN) has signed a letter of intent with a leading U.S. commercial insurance carrier to launch a dedicated commercial auto insurance program. The agreement outlines $30 million in underwriting capacity in year one, with the potential to scale to $50 million over three years.

The proposed program builds on Roadzen’s existing U.S. underwriting platform and supports its expansion in the commercial auto insurance market. The LOI remains non-binding, with a definitive agreement expected in the coming months.

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