Flock takes gold in two categories at the Insurance Times Awards 2022: Excellence in Underwriting and MGA Challenger of the Year
We are thrilled to announce that last week, Flock was awarded gold in two categories at the Insurance Times Awards, the UK’s most prestigious awards ceremony for the insurance industry.
Our first win of the night was for Excellence in Underwriting in recognition of our innovative approach to underwriting that uses real-time data and our proprietary risk intelligence engine to assess risk on a per-fleet basis accurately.
Later in the evening, we went on to win the MGA Challenger of the Year award for our success in disrupting the traditional insurance model and our commitment to making the world quantifiably safer through connected vehicle insurance.
With Flock, safer fleets pay less
As a company on a mission to make the world quantifiably safer, we are proud to have been recognized for our efforts in reinventing insurance for commercial motor fleets.
Using real-time data to provide connected vehicle fleets with insurance that proactively enables and incentivises safer driving, we can accurately assess risk on a per-fleet basis and provide insights to help reduce risk over time.
Our success in these areas has allowed us to protect tens of thousands of commercial vehicles across the UK, and we have seen gross written premiums grow significantly in the last 12 months while our net loss ratio remains lower than the industry average.
We would like to take this opportunity to thank all of our brokers, customers, partners, and the team for making this all possible to win these awards.
We are proud of our accomplishments and are committed to continuing on our mission to make the world quantifiably safer as we build the world’s largest insurance company for connected commercial fleets.
