HCLTech and Roadzen partner to revolutionize auto insurance with AI technology

In a groundbreaking move for the auto insurance industry, global technology leader HCLTech and AI-driven auto insurance innovator Roadzen have announced a collaborative effort. This partnership aims to leverage artificial intelligence (AI) and data engineering to benefit auto insurance carriers and their customers significantly.

Benefits of the AI-Driven Partnership

This collaboration between HCLTech and Roadzen is set to transform how auto insurance operates. For auto owners, it promises enhanced asset value preservation, improved safety measures, and reduced insurance premiums. Insurance carriers, on the other hand, will gain deeper insights into driver behaviors, aiding in better risk assessment and improved loss ratios.

Industry Leaders’ Perspectives on AI in Insurance

Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, emphasized the alignment of this partnership with HCLTech’s commitment to evolving services in the insurance sector. He highlighted AI’s transformative role and the unique combination of HCLTech’s delivery capabilities with Roadzen’s AI leadership as a redefining factor in insurance experiences.

HCLTech and Roadzen Transform Auto Insurance with AI Collaboration. Photo courtesy of Raghukraman/Wikimedia Commons.

Rohan Malhotra, Chief Executive Officer and Founder of Roadzen, expressed excitement about the collaboration, noting that it aligns perfectly with Roadzen’s mission to revolutionize the insurance industry with AI and technological solutions.

Strategic Impact of HCLTech-Roadzen Collaboration

The partnership is particularly noteworthy for its focus on telematics, computer vision, and AI’s role in auto insurance. It not only enhances HCLTech’s domain expertise in auto insurance but also positions the company as a forward-thinking provider of next-generation insurance technology solutions.