Aioi Nissay Dowa Insurance UK Limited partners with Flock to reinvent commercial motor insurance for modern fleets

London, June 17th 2021 – Aioi Nissay Dowa Insurance UK Limited (AND-E UK) and UK InsurTech Flock, have today announced they have joined forces to transform how commercial fleet insurance is priced and distributed.  

Over the past six months the two firms have worked together to develop two connected motor fleet insurance products which are now available to self-drive hire, own goods, courier and tradesperson fleets across the UK.  

AND-E UK is part of Aioi Nissay Dowa Europe (AND-E) which is part of the MS&AD group, one of Asia's largest insurers. Combining AND-E UK’s significant capacity and motor industry experience with Flock’s risk intelligence and policy management platform, fleet managers can now access insurance tailored to their operations and designed to help improve safety over time.  

Flock’s technology connects to vehicle telematics and analyses millions of data points to precisely price policies based on the size and safety of each fleet. This connected approach to insurance means safer driving is immediately rewarded with lower per-mile prices.  

Through its integration with UK's official Motor Insurance Database, Flock’s digital dashboard also 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.” 

AND-E UK CEO Warren Hetz added: “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.” 

The announcement of the AND-E UK and Flock partnership comes after the launch of Flock’s commercial motor division at the end of last year. Since then, it has helped one of its initial customers achieve a saving of 25% on their previous insurance policy*, and has begun to grow its large fleets business, including vehicle transportation firm, Engineius, Jaguar Land Rover’s’ The Out’, and all-electric self-drive hire company, elmo, have signed up as customers.  

Flock is now signing up a select number of brokers to distribute its products to fleets across the UK. 

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. 

 * Saving of 25% achieved by switching from traditional fleet insurance to Flock’s usage-based insurance policy. 


For further information or interviews please contact: 


Flock Press Contact 

Sam Golden 

Head of Marketing, Flock 


+44 (0) 1234 480260


AND-E UK Press Office 

Wendy Harrison/Jane Lewis  

Tel: 0208 977 9132  

Email:  and-eteam@harrisonsadler.com  

About Flock 

Founded in 2015 and backed by some of the world’s leading investors, Flock is reinventing commercial vehicle insurance from the ground up. Rather than simply insuring connected commercial motor and drone fleets, the UK insurtech actively makes them safer by providing customers with real-time insights into their own operations, risks, and costs.  

Flock incentivises smarter behaviour by rewarding safer behaviour with realtime insurance savings; this unique approach has allowed it to insure delighted customers, while helping improve safety across their fleets.  

With a rapidly growing commercial motor and drone customer base, billions of data points, and an enthusiastic team of engineers, sales-people, and insurance experts, Flock is on a mission to make the world a safer, smarter place.  


About Aioi Nissay Dowa Europe:  

The Aioi Nissay Dowa Europe Group (AND-E) is a group of companies, headed by Aioi Nissay Dowa Europe Limited (ANDEL), who are subsidiaries of the Japanese insurance giant MS&AD Insurance Group Holdings, Inc., one of Asia’s largest insurance groups. With a principal focus on providing auto-centric insurance and protection products, either directly or on behalf of strategic partners, AND-E offers both retail and corporate products with the approach tailored to best meet local needs. AND-E’s vision is ‘To lead the way in connected mobility protection’.  

 AND-E has a close working partnership with Toyota Motor Corporation, the largest single shareholder of MS&AD Insurance Group Holdings, Inc. Through its majority shareholding in Toyota Insurance Management SE (TIS), it provides Toyota's insurance expertise across Europe and the same for Lexus under the trading style of Lexus Insurance Management.  

 AND-E acquired Insure The Box Limited, the largest telematics insurance provider in the UK. Other subsidiaries include the life insurance company, Aioi Nissay Dowa Life Insurance of Europe AG (ANDLIE).  

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