Company profile: Flock
1.1 - Company Overview
Company description
- Provider of fully digital insurance for commercial motor fleets, focused on connected and autonomous vehicles. London-based insurtech offering connected insurance that enables and incentivises safer driving, so safer fleets pay less. Trusted by hundreds of companies, including Virtuo.
Products and services
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Key contacts
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Financial details
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1.2 - Competitors and similar companies to Flock
Neo
HQ: Switzerland
Website
- Description: Provider of insurance products and services, including health and car insurance, with a focus on digital customer engagement via its NeoApp platform available on iOS.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Neo company profile →
Simply Business
HQ: United Kingdom
Website
- Description: Provider of tailored business insurance quotes to compare from leading business insurers, as the UK's biggest business insurance broker. Flexible covers include public liability, employers' liability, professional indemnity, business buildings, business interruption, and IT equipment and laptop cover. Buy online for instant cover with access to policy documents.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Simply Business company profile →
Heymondo
HQ: Spain
Website
- Description: Provider of comprehensive travel insurance as an insurance broker, offering customizable coverage for medical expenses, repatriation, luggage theft and damage, trip cancellation, and more. Products include annual multi-trip (up to 60 days per trip) and long-stay policies, plus the Heymondo Travel Assistance App with 24/7 medical chat, free assistance calls, claims management, and policy access.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Heymondo company profile →
Clearcover
HQ: United States
Website
- Description: Provider of digital car insurance offering better coverage for less money with an API-first approach. Services include a mobile app to manage policies, file claims, and view ID cards; Clear Claims, a digital platform that assesses auto claims and issues payment on eligible claims, potentially in minutes; Car Care discounts on vehicle maintenance via the app; and API integration for partners to offer insurance.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Clearcover company profile →
Hedvig
HQ: Sweden
Website
- Description: Provider of home, contents, car, accident, travel, and animal insurance, including student home insurance, offering coverage for personal belongings, residents, theft, fire, water damage, accidents, medical expenses, and pets, with flexible car policies without a fixed term, 24/7 assistance, and presence in all Scandinavian countries as an EU-licensed carrier.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Hedvig company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Flock
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████
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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Flock
2.2 - Growth funds investing in similar companies to Flock
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4 - Top valuation comps for Flock
4.2 - Public trading comparable groups for Flock
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