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HCLTech and Roadzen to deliver next-gen insurance technology

By Gloria Mathias

December 04, 2023

  • Artificial Intelligence Solutions
  • Auto Insurance
  • Finance news

HCLTech, Roadzen, Auto Insurance, Fintech solution, Insurance Tehnology, InsurTech, Finance News, Insurance, Vehicle Insurance, India, India News, India Fintech, India HCLTech and Roadzen have announced a collaboration to harness the power of AI and data engineering to deliver benefits to both auto insurance carriers and their customers and vehicle owners.

This partnership will help auto owners preserve the value of their assets, improve safety, and reduce insurance premiums. At the same time, it will provide carriers with better insights into driver behaviours and improve loss ratios.

“Partnering with Roadzen aligns with our commitment to constantly evolve and offer unparalleled services to our insurance customers. We see AI as a transformative power in the insurance sector and believe the combination of HCLTech’s trusted delivery capabilities with Roadzen’s AI leadership creates a solution that all our clients will be excited to engage with, to redefine insurance experiences,” said Srinivasan Seshadri, Chief Growth Officer and Global Head, Financial Services, HCLTech.

The HCLTech-Roadzen partnership underscores the significance of telematics, computer vision and AI in the auto insurance industry. The collaboration draws on and significantly enhances HCLTech’s domain expertise in auto insurance and related service offerings, positioning HCLTech as a forward-looking provider of next-gen insurance technology to clients.

“We are thrilled to collaborate with an industry leader like HCLTech. This synergy perfectly embodies Roadzen’s mission to revolutionize insurance through AI and tech-forward solutions,” said Rohan Malhotra, Chief Executive Officer, and Founder of Roadzen.

HCLTech is a global technology company, delivering capabilities centred around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products.

Roadzen is an insurance technology company on a mission to transform global auto insurance powered by AI. Clients from some of the world’s insurers, fleets and carmakers to small fleets, brokers and insurance agents use Roadzen’s technology to build new products, sell insurance, process claims and improve road safety.

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