Roadzen partners with Motion Finance to expand GAP insurance in UK and Europe.

Roadzen Inc. has partnered with Motion Finance to provide Return to Invoice (RTI) GAP Insurance to customers financing vehicles through Motion Finance. This marks a significant expansion of Roadzen's embedded insurance footprint in the UK and Europe. The solution embeds GAP Insurance seamlessly into the vehicle financing journey, enabling real-time policy pricing, issuance, payments, and claims management through an integrated platform.

Roadzen Inc. (Nasdaq: RDZN), a global leader in AI-driven insurance technology, has announced a strategic partnership with Motion Finance, a leading UK automotive finance broker. The collaboration will enable the delivery of Return to Invoice (RTI) GAP Insurance to customers financing vehicles through Motion Finance, marking a significant expansion of Roadzen's embedded insurance footprint in the UK and Europe [1].

Through this partnership, Roadzen's wholly owned UK subsidiary, Global Insurance Management Limited (GIM), will leverage its Global Distribution Network (GDN) platform to integrate GAP Insurance seamlessly into the vehicle financing journey. This integration will offer real-time policy pricing, issuance, payments, and claims management, providing both control and peace of mind to customers [1].

The partnership underscores Roadzen's mission to transform insurance distribution by embedding protection into the vehicle ownership experience through AI-powered digital infrastructure. It also reflects Evolution Funding Group's strategic approach to enhancing dealer and customer journeys through its platform-based model, bringing together market-leading finance and insurance innovations across its network [1].

Eligible Motion Finance customers can access up to four years of GAP coverage at the time of purchase, with GIM systems supporting policy activation, administration, and claims through a fully digital, compliant process [1]. This partnership aligns with Motion Finance's commitment to customer protection and transparency, reinforcing its position as a trusted automotive finance platform [2].

The collaboration comes as Roadzen's UK operations gain momentum, with the company announcing three high-profile partnerships in just three months. This strategic expansion in the UK market positions Roadzen to capture new market opportunities swiftly and accelerate growth in the broader European automotive insurance markets [1].

References:
[1] https://www.marketscreener.com/news/roadzen-onboards-uka-s-leading-automotive-finance-broker-motion-finance-to-deliver-embedded-gap-i-ce7c5edfdc8bfe24
[2] https://www.stocktitan.net/news/RDZN/roadzen-onboards-uk-s-leading-automotive-finance-broker-motion-zvskyp2p5zd3.html