Flock
Flock is a UK Fleet Insurance company on a mission to make the world quantifiably safer. With Flock, safer fleets pay less. Multi-award winning: 🥇 CNBC's Global Top 35 Digital Insurer 🥇 Insurance Times' MGA Challenger of the Year Flock's policies are backed by top underwriters, distributed by leading brokers and trusted by some of the UK’s most exciting fleets, including Virtuo, Onto and Jaguar Land Rover’s leasing arm ‘The Out’. Offering more than the obligatory motor certificate and occasional claims payments, Flock’s connected insurance actively rewards safer driving. Specialising in self-drive hire, trades, own goods delivery, and courier. With Flock, safer fleets pay less.
Flock
Flock is a UK Fleet Insurance company on a mission to make the world quantifiably safer. With Flock, safer fleets pay less. Multi-award winning: 🥇 CNBC's Global Top 35 Digital Insurer 🥇 Insurance Times' MGA Challenger of the Year Flock's policies are backed by top underwriters, distributed by leading brokers and trusted by some of the UK’s most exciting fleets, including Virtuo, Onto and Jaguar Land Rover’s leasing arm ‘The Out’. Offering more than the obligatory motor certificate and occasional claims payments, Flock’s connected insurance actively rewards safer driving. Specialising in self-drive hire, trades, own goods delivery, and courier. With Flock, safer fleets pay less.
TL;DR
What they do: Data-driven, telematics-enabled commercial motor fleet insurance (digital policies, safety analytics, premium rebates)
Headquarters: London, UK
Founders: Ed Leon Klinger; Antton Peña
Recent raise: Series B announced Feb 27, 2023 (reported $38M)
Customers: Works with hundreds of fleets (company states 600+ customers)
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Company Overview
Problem Domain
Commercial motor fleet insurance; reducing fleet risk and insurance costs via real-time data and safety incentives.
Industry
Insurance
Funding Track Record
38000000
Reported participation from CommerzVentures and existing institutional investors
17000000
Reported participation from Anthemis and DIG Ventures