In a groundbreaking move, HCLTech and Roadzen have joined forces to leverage the capabilities of Artificial Intelligence (AI) and data engineering, ushering in a new era of benefits for auto insurance carriers, their customers, and vehicle owners. This collaboration is poised to empower auto owners by preserving the value of their assets, enhancing safety, and reducing insurance premiums. Simultaneously, it promises insurance carriers valuable insights into driver behaviors, ultimately improving loss ratios.
Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, expressed enthusiasm about the partnership, stating, “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.”
The collaboration between HCLTech and Roadzen underscores the pivotal role of telematics, computer vision, and AI in the auto insurance industry. This strategic partnership builds upon and significantly enhances HCLTech’s domain expertise in auto insurance and related service offerings, positioning the company as a forward-looking provider of next-gen insurance technology to its clients.
Rohan Malhotra, Chief Executive Officer, and Founder of Roadzen, shared his excitement about the collaboration, stating, “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.” As a global technology company, HCLTech specializes in delivering capabilities centered around digital transformation, engineering, cloud services, and AI. With a broad portfolio of technology services and products, HCLTech has consistently demonstrated a commitment to innovation and excellence.
Roadzen, on the other hand, is an insurance technology company on a mission to transform global auto insurance through the power of AI. Clients ranging from some of the world’s largest insurers, fleets, and carmakers to small fleets, brokers, and insurance agents leverage Roadzen’s technology to develop new products, sell insurance, process claims, and enhance road safety.
This collaboration between HCLTech and Roadzen marks a significant stride towards a future where the fusion of AI and data engineering revolutionizes the auto insurance landscape, delivering unprecedented value to stakeholders across the industry. As telematics and AI continue to reshape the insurance sector, this partnership positions HCLTech at the forefront of innovative insurance technology solutions, poised to redefine the experiences of both insurance providers and their clientele.
