Over the past six months, the two firms have worked together to develop two connected motor fleet insurance products which are now available to self-drive hire, own goods, courier and tradesperson fleets across the UK.
Combining AND UK’s significant capacity and motor industry experience with Flock’s risk intelligence and policy management platform, fleet managers can now access insurance tailored to their operations and designed to help improve safety over time.
Flock’s technology connects to vehicle telematics and analyses millions of data points to precisely price policies based on the size and safety of each fleet.
Ed Leon Klinger, CEO, Flock, said: “Together with AND-E, we are excited to be pioneering this approach. The AND-E UK team shares our vision of combining insurance with cutting-edge technology to create a safer, smarter world.
“This is only the beginning and I believe together we have the potential to transform how the world thinks about motor insurance.”
Warren Hetz, CEO, AND-E UK, added: “The motor insurance industry is at a crossroads as insurance, technology and mobility converge, and this is creating a world of opportunities to improve road safety as well as deliver more tailored customer experiences.
“By combining Flock’s cutting-edge technology with our significant underwriting expertise in connected vehicle technologies and insurance, along with our global distribution networks, we will be able to deliver an exceptional experience for fleets and their drivers.”