Roadzen Signs Deal to Acquire Majority Control of U.S. Auto Insurance Broker
Reuters
Oct 29
Roadzen Signs Deal to Acquire Majority Control of U.S. Auto Insurance Broker
Roadzen Inc. has signed a definitive agreement to acquire majority control of a commercial auto insurance broker and managing general underwriter operating across several U.S. states. The deal is expected to close within this quarter, pending customary closing conditions. The acquisition is projected to generate over $30 million in annual premiums and $8 million in annual revenues over the next twelve months after closing, with a 25% net income margin on a standalone basis. Roadzen anticipates that the acquired business will scale to $150 million in gross written premiums within three years through synergies, positioning the U.S. as its second-largest market. The name of the acquired business will be disclosed once all closing conditions are met and the transaction is completed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Roadzen Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9564329-en) on October 29, 2025, and is solely responsible for the information contained therein.
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