More than half of UK small- and medium-sized enterprises (SMEs) lack a usage-based insurance (UBI) motor policy, according to a GlobalData survey. Meanwhile, Admiral has completed its acquisition of Flock — a digital commercial fleet insurer that specialises in telematics — for £80m. GlobalData’s 2025 UK SME Insurance Survey found that 41.1% of UK SMEs have a UBI/telematics motor policy. Against this backdrop, Admiral has completed the acquisition of Flock for £80m following regulatory approval, funding t ...