Published: June 2, 2026 at 8:36 am
Admiral Group has completed its £80 million acquisition of London InsurTech Flock.
Flock, which has raised over £40m from leading VC investors including Octopus Ventures, Commerz Ventures, Chamath (Social Capital) and Anthemis Ventures, has revolutionised motor fleet insurance through its fully digital platform.
It uses AI-driven risk models trained on hundreds of millions of miles of real-world driving data to reward commercial motor customers who have demonstrated improved safety throughout the lifetime of a policy.