Published inFlock·PinnedFlock raises $38 million for insurance that enables quantifiably safer motor fleets.Flock, the London-based insurtech using real-time data to enable and incentivise safer driving, today announces it has raised $38M in series B funding, led by Octopus Ventures. Flock emerged from academic research into real-time risk analysis, undertaken by founders Ed Leon Klinger and Antton Pena. Flock aims to make the…Insuretech4 min readInsuretech4 min read
Published inFlock·Sep 13Brokers’ Guide To Navigating 2023’s Unprecedented Insurance Rate SurgeIntroduction In the ever-evolving landscape of motor fleet insurance, 2023 stands out as a year marked by significant change. Insurance rates have surged, with a motor insurance market-wide increase of 53.4% over the past 12 months (as reported in the Jeffries Motor Report, August 2023). The month of July alone…Motor Fleet Insurance2 min readMotor Fleet Insurance2 min read
Published inFlock·Dec 13, 2022Flock takes gold in two categories at the Insurance Times Awards 2022: Excellence in Underwriting and MGA Challenger of the YearWe are thrilled to announce that last week, Flock was awarded gold in two categories at the Insurance Times Awards, the UK’s most prestigious awards ceremony for the insurance industry. Our first win of the night was for Excellence in Underwriting in recognition of our innovative approach to underwriting that…Insurtech2 min readInsurtech2 min read
Jul 29, 2021Announcing our $17M Series A fundraise to reinvent insurance for connected vehiclesToday we’re excited to reveal that Flock has raised $17M in funding, to supercharge our expansion into new geographies and product lines. The round was led by Social Capital, the Californian investment firm run by Chamath Palihapitiya, a renowned tech investor, Chairman of Virgin Galactic, and an early backer of…Funding4 min readFunding4 min read
Published inFlock·Jun 29, 2021LEVL partners with Flock to reward fleets that invest in telematicsIt’s now easier than ever for LEVL’s customers to take advantage of Flock’s connected fleet insurance. — LEVL, the UK’s leading reseller for Geotab telematics devices, has become the latest technology provider to partner with Flock. Through the partnership, LEVL’s customers will be able to access insurance that integrates with their telematics to offer fairer, more flexible insurance pricing. By connecting with telematics devices, Flock is able…Telematics2 min readTelematics2 min read
Published inFlock·May 25, 2021Engineius selects Flock to insure the hundreds of vehicles it moves dailyToday we’re excited to reveal that Engineius, the UK’s leading vehicle transportation company, has selected Flock to insure the hundreds of vehicles it moves for commercial fleets every day. Engineius helps the UK’s largest fleets, including the AA, Hertz and Buyacar, to book, track, and manage their vehicle movements entirely…Insurance2 min readInsurance2 min read
Published inFlock·Jan 25, 2021EASA and the impact on insuranceNew European drone regulations as laid out by the European Union Aviation Safety Agency (EASA), came into effect on 31 December 2020 and are now applicable in all EU member states, Norway, Iceland, and Liechtenstein as well as the UK. The goal of these new regulations is to standardise the…Aviation3 min readAviation3 min read
Published inFlock·Jan 8, 2021Flock wins Geospatial Commission’s Transport Innovation CompetitionThe Geospatial Commission in partnership with Innovate UK has named Flock as one of 28 organisations to receive funding to help build the future of mobility in the UK and beyond. Minister for the Cabinet Office, Lord True CBE, said: “These innovative location data winners will help the government unlock…Evtol2 min readEvtol2 min read
Published inFlock·May 27, 2020Flock supports Skyports in NHS drone delivery trialsToday, we’re excited to announce that Flock is supporting Skyports in drone delivery trials taking place this week, backed by Argyll and Bute Health and Social Care Partnership — part of NHS Highland. This week, Skyports will conduct flights between two hospitals in Scotland, taking off in Oban before…Drones3 min readDrones3 min read
Feb 5, 2020Flock partners with African Drone Forum 2020 to enable the drone operations of tomorrowToday we’re announcing that we’re the exclusive risk partner of African Drone Forum 2020 which launches this week. We’re using our world-leading understanding of air mobility risk to provide a custom insurance policy for the flight competitions during the event. All flights during African Drone Forum 2020, including a range…Drones3 min readDrones3 min read
