Indian InsurTech company Roadzen has partnered with Electric Vehicle (EV) startup Simple Energy to deliver extended warranties for Simple Energy’s electric scooters. The partnership aims to provide an integrated and seamless warranty and claims process through the Simple Energy app, enhancing customer convenience.
Roadzen’s Artificial Intelligence (AI)-powered platform streamlines the entire process from policy pricing and issuance to premium collection and real-time claims management. This cutting-edge solution addresses the unique underwriting challenges associated with EVs, ensuring efficiency and reliability in handling claims across multiple currencies.
Suhas Rajkumar, Founder and Chief Executive Officer (CEO), Simple Energy, emphasised the importance of this partnership, stating, “With Roadzen’s innovative AI technology, we can offer our customers a seamless and future-ready warranty solution, ensuring the long-term performance and reliability of their EVs.”
Simple Energy focusses on developing advanced EV components, including long-lasting batteries. With manufacturing facilities in Tamil Nadu, the company aims to enhance the EV driving experience, positioning it as a superior alternative to Internal Combustion Engine (ICE) vehicles.
Rohan Malhotra, Founder and CEO, Roadzen, highlighted the significance of leveraging AI for pricing and claims adjudication, enabling scalable solutions for the growing EV two-wheeler market. The collaboration marks a significant step forward in transforming customer experience and fostering the growth of the EV industry in India.
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