Home ยป Flock selects AutoRek as new tech partner

Flock selects AutoRek as new tech partner

by LLT Editor
26th Jan 22 1:10 pm

AutoRek, a leading software provider to global financial services firms, is pleased to welcome Flock on board as a new client.

Flock was founded on the conviction that traditional insurance business models are no longer fit for purpose in our fast-moving, hyper-connected world. They set out to change this by building a global, fully digital insurance company for connected commercial vehicles. An insurance company that proactively mitigates risk, rather than just paying claims.

In 2016, Flock emerged from academia as research into real-time risk analysis for connected and autonomous vehicles. The company now insures tens of thousands of commercial vehicles for leading fleets including Jaguar, Land Roverโ€™s The Out and Virtuo. Driven by a mission to make the world a smarter, safer place, Flock believes the insurer of the future wonโ€™t just pay claims but will actively help its customers improve safety.

AutoRekโ€™s solution was chosen by Flock due its flexibility. As the company continues to grow at pace, it was crucial that it found a tech partner that could support its ambitious growth.

Gordon McHarg, CEO at AutoRek, added, โ€œIt is excellent to have Flock come on board as a new client. We are delighted to be seen as a flexible and adaptable tool to help fast-growing companies like Flock scale their business. We look forward to continuing this partnership over the coming years.โ€

Piers Williams, Insurance Lead at AutoRek, added, โ€œWe are excited to work with Flock, they are disrupting the insurance industry with innovative new products. Behind their exciting business is a foundation of leading software solutions that are enabling the business to achieve its objectives. Flock will be deploying AutoRekโ€™s bordereau reconciliation and financial control solution to deliver end-to-end automation.โ€

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