Flock launches trucking insurance

Commercial fleet insurance provider Flock Limited announced the launch of a trucking insurance product in partnership with Admiral.

Flock serves other commercial fleet segments including courier, trades, taxi and rental.

Earlier this year, Admiral announced the acquisition of Flock for ~$109 million.

“Flock’s mission is to make the world quantifiably safer; we aim to prevent claims before they even happen. We’re using driving data to price risk more accurately, working directly with fleet operators to reduce crashes, and financially rewarding safer fleets with lower premiums. This launch, in partnership with Admiral, brings Flock’s unique model into the haulage market with an unparalleled level of claims expertise. We look forward to the upcoming completion of Admiral’s acquisition of Flock.” – Ed Leon Klinger, CEO of Flock.

“Haulage fleets play a vital role in keeping the UK economy moving, connecting businesses, communities and supply chains every single day, and we see a clear opportunity to help them better understand and manage risk on the road. Flock’s model is also built to prevent risk day to day, not just when something goes wrong. By combining this with Admiral’s underwriting and claims expertise, we believe we can drive meaningful change across the sector.” – Emma Huntington, CEO of Admiral Pioneer.