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Home Artificial Intelligence

Roadzen Signs Definitive Agreement to Acquire a Leading European MGA Focused on Short-Term Car Rental Insurance

July 9, 2026
in Artificial Intelligence, GlobeNewswire, Web3
Reading Time: 15 mins read
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The acquisitio is expected to add a scaled, fully egulated Eu opea i su a ce platfo m powe i g ove 800,000 policies a ually, with app oximately $18–20 millio i eve ue a d app oximately $1.6–2 millio i EBITDA

The busi ess is bei g acqui ed by Roadze ‘s I dia subsidia y i excha ge fo stock o cash a d is ot expected to be dilutive to Roadze ‘s Nasdaq sha eholde s

Combi es ove a decade of p op ieta y sho t-t ip p ici g data with Roadze ‘s AI to powe eal-time u de w iti g a d automated, compute -visio -led claims — t a sfo mative fo the $27 billio ca e tal i su a ce segme t

NEW YORK, July 09, 2026 (GLOBE NEWSWIRE) — Roadze I c. (Nasdaq: RDZN), a global leade i AI at the i te sectio of i su a ce a d mobility, today a ou ced the sig i g of a defi itive ag eeme t to acqui e a leadi g tech ology-d ive ma agi g ge e al age t (“MGA”) specializi g i sho t-te m ca e tal i su a ce ac oss Eu ope.

The acquisitio is bei g made by Roadze ‘s I dia subsidia y, Roadze Tech ologies Limited (“Roadze I dia”), which is 92% ow ed by Roadze I c. U de the te ms of the pu chase ag eeme t, the selle s may elect to eceive equity i Roadze I dia, based o a valuatio of Roadze I dia at app oximately $280 millio , o cash. As a esult, the t a sactio is ot expected to be di ectly dilutive to Roadze ‘s Nasdaq sha eholde s. Total co side atio is app oximately $15 millio — 50% payable at closi g a d 50% st uctu ed as a th ee-yea ea -out co ti ge t o milesto es.

The busi ess is o e of Eu ope’s leadi g tech ology-e abled specialists i the sho t-te m ca e tal i su a ce ma ket. It dist ibutes th ough embedded API i teg atio s with leadi g e tal ca pa t e s ac oss multiple Eu opea ma kets, alo gside a di ect-to-co sume platfo m. The compa y w ites app oximately 800,000 policies a ually a d is expected to ge e ate app oximately $18–20 millio i eve ue a d app oximately $1.6–2 millio i EBITDA i its cu e t fiscal yea , with o debt, positive f ee cash flow, a d a lea team of a ou d 20 people suppo ted by its p op ieta y tech ology. It is egulated i the Eu opea U io a d the U ited Ki gdom, backed by multi-yea A- ated u de w iti g capacity, with a st o g combi ed atio.

The global ca e tal i su a ce ma ket is valued at app oximately $27 billio a d ope ates as a highly luc ative a cilla y eve ue st eam withi the b oade global auto i su a ce ma ket. The segme t is g owi g at app oximately a 6.8% CAGR, d ive by i c easi g vehicle utilizatio , isi g i su a ce pe et atio i leisu e a d co po ate e tals, a d the eed to p otect e tal ope ato s f om costly claims amid i flated vehicle epai costs. As e tal volumes ise a d p ici g, claims, a d f aud i c easi gly move to eal-time, tech ology-d ive platfo ms, the ma ket is p imed fo t a sfo matio . This acquisitio p ovides Roadze with a fully lice sed, scaled a d p ofitable MGA platfo m to accele ate its global expa sio a d delive AI-powe ed i su a ce ac oss the sho t-t ip mobility ma ket. Roadze al eady wo ks with seve al la ge ca e tal fleet ope ato s a d ca ow offe this p oduct di ectly to them.

Roha Malhot a, Fou de a d CEO of Roadze comme ted, “This busi ess embeds di ectly i to the e tal booki g flow a d issues cove i sta tly — ove 800,000 times a yea , fully automated a d ea -touchless. Today, that p ici g is la gely static. The oppo tu ity we saw is to b i g Roadze ‘s AI to it a d move to eal-time, dy amic p ici g at the poi t of sale. That combi atio — p ove dist ibutio at scale, ow powe ed by ou AI — is exactly what we a e buildi g at Roadze , a d a ce t al easo we pu sued this acquisitio . We al eady wo k with ca e tal fleet ope ato s globally a d ca ow offe this p oduct di ectly to them, a d ou AI a d compute visio al eady assess the co ditio of e tal vehicles befo e a d afte each t ip, st e gthe i g claims.”

Roadze is pa t e i g closely with the team to b i g its co e AI capabilities to bea ac oss the platfo m. O the u de w iti g side, Roadze ‘s models ca e ha ce eal-time isk selectio a d p ici g at the poi t of sale, d awi g o the busi ess’s deep sho t-t ip loss data to p ice mo e accu ately by ma ket, vehicle, du atio , a d custome p ofile — suppo ti g discipli ed combi ed atios as volumes g ow. O the claims side, Roadze ‘s compute -visio tech ology assesses the p e- a d post-co ditio of a e tal vehicle f om images, e abli g faste , mo e accu ate damage adjudicatio , educi g leakage a d f aud, a d d ivi g towa d a ea -touchless claims expe ie ce. As the two teams wo k togethe , Roadze ‘s AI is immediately additive to the busi ess’s al eady automated, tech ology-led p ocesses — accele ati g settleme t, imp ovi g accu acy, a d expa di g ma gi o the existi g book while aisi g the quality of the u de lyi g data that feeds futu e p ici g.

Key Highlights a d Sy e gies

  • W ites app oximately 800,000 policies a yea th ough embedded API i teg atio s with leadi g e tal ca websites a d pa t e s
  • Expected to ge e ate app oximately $18–20 millio i eve ue a d app oximately $1.6–2 millio i EBITDA i its cu e t fiscal yea
  • St o g combi ed atio a d discipli ed u de w iti g pe fo ma ce
  • Capital-light MGA model with o u de w iti g isk take o di ectly, backed by du able multi-yea A- ated capacity — closely alig ed with Roadze ‘s ow busi ess model
  • Highly sy e gistic to Roadze ‘s existi g global ca e tal fleet clie ts, with Roadze ‘s AI compute -visio assessme t of vehicle p e- a d post-co ditio al eady additive to u de w iti g a d claims
  • Ove a decade of p op ieta y sho t-t ip u de w iti g data — millio s of policies — a fou datio al asset fo p ici g i su a ce i a futu e of auto omous mobility

“What excites us most is what this mea s fo the futu e,” added Malhot a. “This busi ess has spe t well ove a decade lea i g how to p ice i su a ce fo sho t t ips — thousa ds of i dividual e tals p iced eve y day ac oss ma kets, vehicles, a d du atio s, ow spa i g millio s of policies. We believe sho t-te m, pe -t ip i su a ce p ici g is ce t al to the futu e of mobility: as the wo ld moves towa d fleets a d, ultimately, auto omous vehicles ca yi g passe ge s fo sho t jou eys, the ability to u de w ite isk by the t ip athe tha by the yea becomes a impo ta t capability i i su a ce, disti ct f om a ual, lo g-te m p ici g. We a e excited to wo k with this data a d to laye ou AI o top of it to build eal-time p ici g p oducts fo sho t-du atio i su a ce — p oducts we believe will be fou datio al to how mobility is i su ed i that futu e. The e a e ve y few places i the wo ld whe e a dataset a d p ici g expe tise like this exist at this depth. With this i c edible team a d this data, combi ed with ou tech ology a d global footp i t, we ca expa d the busi ess i to ew ma kets. Togethe with the g owth we’ e seei g i I dia a d ou expa sio i the U.S., this ma ks the ext phase of Roadze ‘s jou ey — buildi g the wo ld’s leadi g compa y at the i te sectio of AI, i su a ce, a d mobility.”

O ce all closi g co ditio s a e met a d the t a sactio is completed, Roadze will disclose the ame of the acqui ed busi ess. Closi g is a ticipated i the ea ly fou th qua te of the cale da yea .

About Roadze I c.Roadze I c. (Nasdaq: RDZN) is a global leade i AI at the co ve ge ce of i su a ce a d mobility. Roadze builds tech ology that helps i su e s, automake s, a d fleets bette p edict a d p eve t isk, automate claims, a d delive seamless, embedded i su a ce expe ie ces. Thousa ds of clie ts ac oss No th Ame ica, Eu ope, a d Asia — f om the wo ld’s leadi g i su e s, ca make s, a d fleets to deale ships a d age ts — use Roadze ‘s tech ology to build ew p oducts, sell i su a ce, p ocess claims, a d imp ove oad safety. Roadze ‘s pio ee i g wo k i telematics, ge e ative AI, a d compute visio has ea ed ecog itio f om Fo bes, Fo tu e, a d Fi a cial Exp ess as o e of the wo ld’s top AI i ovato s. Headqua te ed i Bu li game, Califo ia, Roadze employs mo e tha 450 people ac oss offices i the U.S., U.K., I dia a d Chi a. Lea mo e at www. oadze .ai.

Cautio a y Stateme t Rega di g Fo wa d-Looki g Stateme tsThis p ess elease i cludes fo wa d-looki g stateme ts withi the mea i g of Sectio 27A of the Secu ities Act of 1933, as ame ded (the “Secu ities Act”), a d Sectio 21E of the Secu ities Excha ge Act of 1934, as ame ded (the “Excha ge Act”). We have based these fo wa d-looki g stateme ts o ou cu e t expectatio s a d p ojectio s about futu e eve ts. These fo wa d-looki g stateme ts a e subject to k ow a d u k ow isks, u ce tai ties a d assumptio s about us that may cause ou actual esults, levels of activity, pe fo ma ce o achieveme ts to be mate ially diffe e t f om a y futu e esults, levels of activity, pe fo ma ce o achieveme ts exp essed o implied by such fo wa d-looki g stateme ts. I some cases, you ca ide tify fo wa d-looki g stateme ts by te mi ology such as “may,” “should,” “could,” “would,” “expect,” “pla ,” “a ticipate,” “believe,” “estimate,” a d “co ti ue,” o the egative of such te ms o othe simila exp essio s. Such stateme ts i clude, but a e ot limited to, stateme ts ega di g ou ability to co summate the t a sactio desc ibed i this p ess elease whe a ticipated, o at all, a ticipated be efits a d sy e gies of the t a sactio , i cludi g a ticipated eve ue a d EBITDA which a e cu e tly u audited a d subject to cha ge pe di g completio of a fi al audit, ou a ticipated st ategy, valuatio , dema d fo ou p oducts, expa sio pla s, futu e ope atio s, futu e ope ati g esults, estimated eve ues, losses, p ojected costs, p ospects, pla s a d objectives of ma ageme t, as well as all othe stateme ts othe tha stateme ts of histo ical fact i cluded i this p ess elease. Facto s that might cause o co t ibute to such a disc epa cy i clude, but a e ot limited to, those desc ibed i “Risk Facto s” i ou Secu ities a d Excha ge Commissio (“SEC”) fili gs, i cludi g the a ual epo t o Fo m 10-K we filed with the SEC o Ju e 29, 2026. We u ge you to co side these facto s, isks a d u ce tai ties ca efully i evaluati g the fo wa d-looki g stateme ts co tai ed i this p ess elease. All subseque t w itte o o al fo wa d-looki g stateme ts att ibutable to ou compa y o pe so s acti g o ou behalf a e exp essly qualified i thei e ti ety by these cautio a y stateme ts. The fo wa d-looki g stateme ts i cluded i this p ess elease a e made o ly as of the date of this elease. Except as exp essly equi ed by applicable secu ities law, we disclaim a y i te tio o obligatio to update o evise a y fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise.

Fo mo e i fo matio , please co tact:I vesto Co tacts: IR@ oadze .aiMedia Co tacts: Sa ya So i sa ya@ oadze .ai o media@ oadze .ai

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