TLDR:
– Flock partners with Admiral Pioneer to revolutionize UK fleet insurance with advanced technology and real-time risk management solutions.
– The partnership aims to expand Flock’s offering to a wider range of fleet customers, starting with courier fleets, business fleets, and short-term rental companies.
Full Article:
Flock, an InsurTech scaleup based in London, has joined forces with Admiral Pioneer to transform fleet insurance in the UK. By leveraging real-time data and technology, Flock will benefit from Admiral Pioneer’s expertise in pricing, underwriting, and claims management. This partnership aims to empower Flock to offer innovative solutions to fleet customers, starting with courier fleets, business fleets like tradespeople and service vehicles, and short-term rental companies. The new product will be accessible directly to customers as well as through Flock’s network of brokers, ensuring more fleets can benefit from their cutting-edge solutions and Admiral Pioneer’s insurance knowledge.
Flock will continue to reward safer driving by offering premium rebates of up to 10% for customers who demonstrate improved safety during the policy period. All customers will have access to Flock’s real-time safety portals and regular safety reviews to receive actionable insights into fleet risks and implement effective safety practices. By combining their strengths in data, technology, competitive pricing, and operational efficiency, Flock and Admiral Pioneer aim to deliver a superior insurance product that addresses the complexities of the fleet market in the UK.
Admiral Pioneer’s expansion into the commercial sector through this partnership reaffirms their commitment to providing innovative solutions for businesses. By utilizing Flock’s solutions for commercial fleets, Admiral Pioneer aims to meet the evolving needs of businesses and ensure safer roads. Both companies understand the challenges in the fleet market, from managing diverse vehicle types to balancing safety with operational efficiency. Through their collaboration, they promise to deliver a superior solution to these challenges in the UK.
Ed Leon Klinger, CEO of Flock, expressed excitement about the partnership, highlighting the synergies between Flock’s technological expertise and Admiral Pioneer’s industry knowledge. Emma Huntington, CEO of Admiral Pioneer, emphasized the importance of partnering with companies that share their values and vision, noting Flock’s innovative approach, leadership team, and cultural alignment with their organization. Together, they aim to deliver exceptional value to their customers and enhance safety and efficiency in fleet operations across the UK.