Admiral Group has agreed terms to acquire Flock, a digital insurance provider for commercial vehicle fleets, in a transaction that values Flock’s equity at £80m ($109m). The deal is pending approval from regulators. The move follows an earlier partnership between Admiral Pioneer, Admiral Group’s venture division, and Flock that began in 2024 to grow Admiral’s presence in the commercial motor sector. Flock’s business centres on a digital platform that employs AI-based risk models, which analyse real-wor ...