(IN BRIEF) Admiral Group has completed the acquisition of Flock, a digital commercial fleet insurance provider with a telemetry-based proposition, following regulatory approval. The deal values Flock’s equity at £80 million and will see Flock become Admiral’s telemetry fleet insurance … Read the full press release →
Posted in Artificial Intelligence (AI), Business, Financial, Industrial, Insurance, Investment, Management, Marketing, Technology, United Kingdom
Tagged accident reduction, acquisition, Admiral fleet insurance, Admiral Group, Admiral Group Builds Scale in Commercial Fleet Insurance with Completion of Flock Deal, Admiral Group Completes £80 Million Acquisition of Telemetry Fleet Insurance Specialist Flock, Admiral Group Expands Commercial Fleet Insurance Offering with Completed Flock Acquisition, Admiral Pioneer, AI-powered platform, Antton Peña, broker partners, claims, commercial fleet insurance, commercial vehicle insurance, customer service, data and technology, digital fleet insurance, Ed Leon Klinger, Emma Huntington, fleet customers, fleet risk, Flock, future-proof motor proposition, haulage fleet insurance, insurance technology, insurtech, Motor Insurance, Pricing, product expansion, regulatory approval, risk management, safer roads, telemetry-based insurance, UK motor market, £80 million valuation
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