#admiral Tech News.
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FinanceYahoo Finance3 days ago
Admiral targets commercial fleet growth with £80m acquisition of FlockAdmiral completed its acquisition of Flock, a digital commercial fleet insurer specializing in telematics, for £80 million. The deal funds through existing resources and credit facilities. Flock will become Admiral's telematics fleet insurance proposition, with its technology and team integrated into the wider fleet offering. A GlobalData survey found 41.1% of UK SMEs have a UBI/telematics motor policy.
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