Roadzen partners with Simple Energy, reinsurer for AI-driven extended warranty

Roadzen (RDZN) announced its partnership with Simple Energy, a new-age player building high-range electric two-wheelers, and a leading global reinsurer to offer extended warranties for Simple Energy’s vehicles. The reinsurer provides the underwriting capacity and is responsible for paying claims. Simple Energy is dedicated to transforming the future of mobility through sustainable and innovative solutions. The company’s flagship product, the Simple One, is a high-performance electric scooter designed to offer superior range, cutting-edge technology, and a sleek design. Simple Energy places a strong emphasis on the development of advanced EV components, including long-lasting batteries, to ensure reliability and efficiency, and customer satisfaction. The company’s manufacturing facility in Hosur, Tamil Nadu, India, delivers precision-engineered electric vehicles, underscoring its commitment to quality and sustainability. As a key player in the electric mobility revolution in India, Simple Energy is focused towards making EVs a better driving experience as compared to its ICE counterparts. Roadzen serves as the program administrator, leveraging its AI-powered technology platform to provide a seamless purchase-to-claims experience for Simple Energy’s customers. The platform manages everything from pricing and issuing policies to collecting premiums and processing claims-in real-time and in any currency worldwide. This solution is designed to address the complexities of underwriting electric vehicles-a rapidly growing segment in India, which has over 260 million two-wheelers on its roads undergoing rapid electrification.