Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in India [Yahoo! Finance]
Roadzen, Inc. - Ordinary Shares (RDZN)
Company Research
Source: Yahoo! Finance
NEW YORK, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN) ("Roadzen" or the "Company”), a global leader in AI at the convergence of insurance and mobility, today announced that its existing client National Insurance Company Ltd. (“NICL”) has expanded the geographical scope for Roadzen's AI powered XClaim Product. NICL has a total of 34 Regional Offices, of which 10 joined Roadzen's AI-powered XClaim platform. Based upon strong performance, NICL has expanded its contract with Roadzen to include an additional 4 regional offices, effective January 1, 2025. Roadzen was selected as a Digital Service Provider (“DSP") for processing AI based claims after successfully completing a comprehensive vetting of NICL's Request for Proposal (“RFP”) process. The evaluation process was carried out by an association of four government owned auto insurance carriers that account for an approximate 32% share of the India automobile insurance market, which has been growing roughly 18% annua
Show less
Read more
Impact Snapshot
Event Time:
RDZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RDZN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RDZN alerts
High impacting Roadzen, Inc. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
RDZN
News
- Roadzen's drivebuddyAI Partners with Bosch to Advance AI-Driven Road Safety [Yahoo! Finance]Yahoo! Finance
- Roadzen’s drivebuddyAI Partners with Bosch to Advance AI-Driven Road SafetyGlobeNewswire
- Roadzen Expands its AI Based Claims Contract with One of the Top 10 P&C Insurers in IndiaGlobeNewswire
- Roadzen Inc. Announces Closing of Public OfferingGlobeNewswire
- Roadzen Inc. Announces Pricing of Public Offering [Yahoo! Finance]Yahoo! Finance
RDZN
Sec Filings
- 12/17/24 - Form 8-K
- 12/16/24 - Form 424B5
- 12/13/24 - Form 424B5
- RDZN's page on the SEC website