Roadzen Inc. (NASDAQ: RDZN) announced that its UK subsidiary Global Insurance Management Limited secured multiple commercial contracts projected to generate approximately $2.5 million in revenue over the next twelve months.

The contracts span automotive finance, dealer, and fleet sectors in the United Kingdom and internationally. Global Insurance Management will provide connected vehicle protection and GAP insurance solutions through these partnerships, according to the company's press release.

The newly contracted clients include vehicle finance brokerages, franchised dealer groups, independent automotive retailers, fleet operators, and affinity distribution partners. These partners will offer Global Insurance Management's products to their customers through embedded and point-of-sale channels.

The programs operate on Roadzen's Global Distribution Network, a technology platform that enables real-time policy pricing, issuance, payments, and claims management through integrated APIs.

"Together with the major OEM contracts we announced over the last two quarters, these new wins reflect a meaningful resumption of growth in the UK and Europe," said Rohan Malhotra, founder and CEO of Roadzen.

The company stated that individual client names remain confidential and will be disclosed when appropriate. Roadzen described the contracts as building on momentum from two major original equipment manufacturer contracts announced in previous quarters.

Roadzen operates as an AI-focused company serving the intersection of insurance and mobility sectors. The company is headquartered in Burlingame, California, and employs more than 300 people across offices in the United States, United Kingdom, and India.