Aioi Nissay Dowa Insurance and Flock join forces to reinvent commercial motor insurance
Today, we’re excited to reveal that we’ve been working with Aioi Nissay Dowa Insurance UK to develop two connected motor fleet insurance products now available to fleets across the UK.

With these new products, fleet managers can access insurance tailored to their operations that encourages safer behaviour with automatic savings.

Since the launch of our commercial motor division, we’ve helped customers save up to 25% on previous policies, and a growing number of large fleets including vehicle transportation firm, Engineius and Jaguar Land Rover’s, The Out, have come on board.

AND-E UK CEO, Warren Hetz, explains:

“The motor insurance industry is at a crossroads as insurance, technology and mobility converge, and this is creating a world of opportunities to improve road safety as well as deliver more tailored customer experiences. “Our partnership with Flock heralds a new era in commercial insurance. By combining Flock’s cutting-edge technology with our significant underwriting expertise in connected vehicle technologies and insurance, along with our global distribution networks, we will be able to deliver an exceptional experience for fleets and their drivers.”

As part of the partnership, Aioi Nissay Dowa Insurance UK (AND-E UK) which is part of the MS&AD group, one of Asia’s largest insurers, is combining its significant capacity and motor industry experience with Flock’s risk intelligence and policy management platform to help us transform how fleet insurance is priced and distributed.

Helping fleets save time and money.

Flock’s risk intelligence engine connects to vehicle telematics and analyses millions of data points to precisely price policies based on the safety of every fleet we work with.

This connected approach to insurance means safer driving can be immediately rewarded with lower per-mile prices. Beyond that, our digital policy management system and integration with UK’s official Motor Insurance Database, significantly reduces the administration associated with managing the insurance needs of a growing fleet.

Commenting on today’s news, Flock’s CEO Ed Leon Klinger said:

“We believe the insurers of the future won’t simply pay claims; they will also actively incentivise and enable motorists to drive more safely and reduce risk. “Together with AND-E, we are excited to be pioneering this approach. The AND-E UK team share our vision of combining insurance with cutting-edge technology to create a safer, smarter world. “This is only the beginning and I believe together we have the potential to transform how the world thinks about motor insurance.”

Following this initial launch, AND-E and Flock will continue to work together on new features and functionality in order to bring the flexible fleet insurance solutions to other markets. We are also signing up a select number of brokers to distribute these products to customers in the UK.

If you’re a broker preparing your business for an increasingly connected world, or a fleet looking for fairer, more flexible insurance, visit flockcover.com to learn more.
['Sam Golden']
['Broker', 'Telematics', 'Insurance', 'Flockmotor', 'Insurtech']