Announced
Completed
Financials
Sources
Tags
United States
automobile club
Property and Casualty Insurance
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Single Bidder
Synopsis
Roadzen, a global insurance technology company, completed the acquisition of National Automobile Club, commercial auto club in the US. Financial terms were not disclosed. “Roadzen views the acquisition of NAC to be the cornerstone of its strategy to penetrate the US market, the largest auto insurance market in the world. We are integrating our state of the art AI products for FNOL, vehicle inspection, dispatch and claims management at NAC to offer customers an end-to-end automated claims and roadside experience,” Rohan Malhotra, Roadzen Chief Executive Officer and Founder.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.