Roadzen (RDZN) said Wednesday that it signed a memorandum of understanding to collaborate with Cimarron Underwriters.
Under the partnership, Roadzen said it will leverage Cimarron's managing general agent licenses and infrastructure to distribute its insurance offerings across all 50 US states.
Financial details of the partnership were not disclosed.
Price: 2.64, Change: +0.04, Percent Change: +1.54