Digital insurance provider Flock has launched a new haulage fleet product in partnership with Admiral. Earlier this year, Admiral announced its intention to acquire Flock in a deal that is subject to regulatory approval. The product complements Flock’s existing proposition that supports courier, trades, taxi and rental commercial fleets.

Flock provides telemetry insights on driving behaviour, risk trends and claims performance. It also offers risk management support to improve driver performance with the option for insureds to earn back 10% of their premium.

Ed Leon Klinger, CEO of Flock, said: “We’re using driving data to price risk more accurately, working directly with fleet operators to reduce crashes and financially rewarding safer fleets with lower premiums.

“This launch, in partnership with Admiral, brings Flock’s unique model into the haulage market with an unparalleled level of claims expertise. We look forward to the upcoming completion of Admiral's acquisition of Flock.”

Emma Huntington, CEO of Admiral Pioneer, said: “Haulage fleets play a vital role in keeping the UK economy moving, connecting businesses, communities and supply chains every single day and we see a clear opportunity to help them better understand and manage risk on the road.

“Flock’s model is also built to prevent risk day to day, not just when something goes wrong. By combining this with Admiral’s underwriting and claims expertise, we believe we can drive meaningful change across the sector.”