Flock is a London-based, VC and Government backed insurtech startup, pioneering the use of Big-Data to intelligently price and sell insurance. Flock has partnered with Allianz to launch its first product, ‘Flock Cover’: an on-demand insurance and safety app for drone pilots.
Flock is on a mission to provide smarter and simpler insurance beyond the drone industry, bridging the gap between today’s insurers and tomorrow’s technologies.
With Flock Cover, customers receive fully customised drone insurance, precisely when they need it. Customers can download the app and get a real-time quote in seconds.
The Flock Cover app uses real-time data to provide instant drone insurance that's tailored to your flight. At the most competitive price possible, for commercial, trainee and recreational pilots.
|Aim of funding||Growth|
|HMRC Advanced Assurance received||Yes|
|Envisaged investor exit||4-5 years|
|Targeted return||In excess of 4x capital invested|