Insurance partnership to reward fleets investing in telematics
LEVL, an authorised reseller for Geotab telematics, has partnered with insurtech firm Flock to bring the benefits of connected insurance to its fleet customers.
Initially running in the UK, the partnership will enable LEVL customers such as Müller, Milk & More, Prohire and Drover to take advantage of Flock’s data-driven fleet insurance offering. The plan is to then expand to fleets across Europe in 2022.
By connecting with a vehicle’s telematics solution, motor policies provided by Flock are priced based on the trips drivers make and the risks they take. This also provides risk insights to help customers improve safety standards while reducing insurance premiums – Flock says it’s saved fleets as much as 25% over traditional policies.
Andrew Pearce, sales & marketing director at LEVL, commented: “From supporting the transition to electric vehicles to helping raise awareness about the latest fleet safety technology, we are committed to adding value to our customers, and our partnership with Flock is no exception.
“Flock’s unique approach to insurance and ability to integrate with the Geotab platform makes getting started simple. Customers can benefit from a reward-focused approach to insurance, accessing lower insurance premiums as they take steps to improve safety amongst their fleets and drivers.”
Ed Leon Klinger, CEO of Flock, added: “Partnering with the world’s leading telematics providers and distributors is core to our approach. That’s why today we’re excited to join forces with LEVL to help their customers save time and money, while keeping safety at the heart of everything they do.”