UK-based insurtech Flock has entered a strategic partnership with NIG, a commercial insurance provider. This collaboration marks a key development in Flock's expansion, following its successful fundraise of over £30 million earlier this year.

The partnership is set to focus on a digital and data-driven approach to motor fleet insurance. This collaboration will integrate a fully digital insurance management portal, provide rebates for safer driving practices, and offer comprehensive safety and claims workshops for customers and broker partners. The initiative aims to enhance risk coverage capabilities across various commercial motor segments in the UK.

“Flock's partnership with NIG is an exciting development in our journey to redefine fleet insurance. This collaboration allows us to bring our product to a much wider audience; together with NIG we will leverage our hundreds of millions of miles of driving data to help thousands more drivers become safer,” Flock CEO Ed Leon Klinger said.

“We are excited to partner with Flock, bringing a fresh, data-driven approach to the motor fleet market. This collaboration aligns with our commitment to innovative customer-centric solutions,” NIG managing director Sonya Bryson said.

Elsewhere in the sector, new data revealed that more car insurance policyholders are looking to switch as compared to any other type of insurance, with 87% cited saving money as their main reason for doing so.

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