Leading auto finance broker Motion Finance joins forces with Roadzen, offering embedded GAP insurance for vehicle finance clients.
Roadzen Partners with Motion Finance to Offer Embedded GAP Insurance in UK and Europe
Roadzen Inc., a global technology company transforming auto insurance using advanced AI, has announced a partnership with Motion Finance, a leading UK automotive finance broker. This collaboration will deliver Return to Invoice (RTI) GAP Insurance to customers financing vehicles through Motion Finance in the UK and Europe.
Motion Finance, part of the Evolution Funding Group, the UK's largest used auto finance platform, will integrate Roadzen’s AI-driven insurance technology via its UK subsidiary, Global Insurance Management Limited (GIM), using the Global Distribution Network platform. This integration will seamlessly embed GAP insurance into the vehicle financing journey, offering customers up to four years of GAP coverage.
The partnership leverages GIM's Global Distribution Network (GDN) platform for real-time policy pricing, issuance, payments, and claims management. This digital platform simplifies access for European vehicle finance customers, while advancing Roadzen’s mission to transform insurance with AI technology.
Rohan Malhotra, Founder and CEO of Roadzen, stated that this partnership is a key channel for the company and marks the start of momentum for their UK operations. Motion Finance is known for delivering fast, transparent, and tailored solutions across all credit profiles.
This collaboration significantly expands Roadzen's embedded insurance footprint across the UK and European markets while granting Motion Finance access to enhanced insurance offerings within its vehicle finance products. Through this partnership, Roadzen becomes an integral part of Evolution's growing ecosystem of technology-led finance and insurance services.
Roadzen's technology is used for building new products, selling insurance, processing claims, and improving road safety. The company, headquartered in Burlingame, California, with offices in the U.S., U.K., and India, specializes in motor insurance distribution, administration, claims management, and customer support. Thousands of clients, including insurers, carmakers, and dealerships, use Roadzen's technology.
Motion Finance is a distinctive vehicle finance brokerage in the UK, partnering with a wide panel of lenders. Eligible Motion Finance customers can access up to four years of GAP coverage at the time of purchase. This partnership underscores Roadzen's mission to transform insurance distribution by embedding protection into the vehicle ownership experience through AI-powered digital infrastructure.
[1] Press Release: Roadzen Partners with Motion Finance to Offer Embedded GAP Insurance in UK and Europe. (2022). Roadzen Inc.
[2] Partnership Announcement: Roadzen and Motion Finance Collaborate to Deliver RTI GAP Insurance. (2022). Motion Finance.
[3] Partnership Unveiled: Roadzen and Motion Finance Simplify GAP Insurance Access for European Vehicle Finance Customers. (2022). Global Insurance Management Limited.
- Roadzen Inc., an AI-driven artificial intelligence company, has teamed up with Motion Finance, a leading UK automotive finance broker, to offer Return to Invoice (RTI) GAP Insurance.
- This tech-innovation partnership will provide customers financing vehicles through Motion Finance in the UK and Europe with up to four years of GAP coverage, via the integration of Roadzen’s AI-driven insurance technology.
- The digital collaboration leverages GIM's Global Distribution Network platform for real-time policy pricing, issuance, payments, and claims management, simplifying access for European vehicle finance customers.
- Rohan Malhotra, Founder and CEO of Roadzen, noted the partnership as a key channel for the company, marking the start of momentum for their UK operations.
- The partnership significantly expands Roadzen’s embedded insurance footprint across the UK and European markets while granting Motion Finance access to enhanced insurance offerings within its vehicle finance products.
- Through this collaboration, Roadzen becomes an integral part of Evolution’s growing ecosystem of technology-led finance and insurance services, while Motion Finance remains a distinctive vehicle finance brokerage in the UK.
- Roadzen's technology, known for building new products, selling insurance, processing claims, and improving road safety, has been adopted by thousands of clients, including insurers, carmakers, and dealerships, across the digital industry.
