Roadzen Acquires EliteCover to Boost Commercial Auto Insurance Capabilities

Insurtech company Roadzen has acquired EliteCover, a Managing General Underwriter (MGU) specializing in commercial auto insurance, to strengthen its market position and enhance offerings. EliteCover's underwriting expertise and established relationships in the commercial auto sector provide Roadzen with specialized knowledge to better address evolving market demands. This acquisition positions Roadzen to capitalize on changes in commercial auto insurance, including advancements in vehicle technology and regulatory shifts, improving its competitive edge in a rapidly transforming industry.