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Flock Forms Partnership with The Acorn Group to Revolutionise Taxi Fleet Insurance in the UK

Flock Forms Partnership with The Acorn Group to Revolutionise Taxi Fleet Insurance in the UK

London, UK – Flock, the London-based Insurtech company, is delighted to announce a landmark partnership with The Acorn Group. This partnership is set to transform the UK taxi fleet insurance landscape by introducing the country’s only “connected” taxi fleet insurance product.

The collaboration will cater to medium and large taxi fleets, leveraging vehicle telemetry data to both enable and reward safer driving practices. By harnessing the power of real-time telemetry data, the partnership aims to enhance driver safety and offer premium rebates as tangible incentives for improved driving behaviour - ensuring that fleets become progressively safer and more cost-efficient over time.

Flock and Acorn will be targeting public hire fleets, including black cab fleets, as well as PCO (private hire) fleets. All customers will receive complimentary access to a comprehensive fleet safety dashboard, driver- and trip-level insights, and regular face-to-face safety reviews provided by the Flock team free of charge.

Ed Leon Klinger, CEO of Flock, expressed his enthusiasm for the new partnership, stating:

"Partnering with The Acorn Group is a hugely exciting step for us. We have been so impressed with Acorn's swift, common-sense approach, and I particularly like that The Acorn Group shares in our mission to make the world quantifiably safer. We’re thrilled to be helping taxi fleets improve driving safety whilst saving time and money.”

Echoing this sentiment, Mike Lloyd, CEO of The Acorn Group, shared:

"We are excited to embark on this journey with Flock. Insurance is one of the largest costs for taxi fleets. Flock’s platform allows fleet owners to properly understand those costs – including which drivers and what behaviours are really costing them money. Using this platform, and acting on the data, will allow fleet owners to improve their financial returns. Flock’s technology has also consistently demonstrated its ability to significantly enhance fleet safety. We think the best and biggest taxi fleets will want this technology. The Acorn Group, and our underwriter Haven Insurance Company Limited, are well-renowned in taxi insurance – and we hope this partnership with Flock will mark a milestone in the evolution of fleet insurance, setting a new standard for safety and how taxi fleets are managed.”