Flock Motor has been appointed as insurance provider for The Out, a premium rental car service launched by Jaguar Land Rover’s mobility arm InMotion.
The Out enables customers hire vehicles and get them delivered to their homes or offices in a couple of clicks.
The usage-based fleet policy provided by Flock means The Out will only pay for insurance when vehicles are on hire. This has allowed it to embed insurance in its offering, meaning all vehicles arrive with customers fully-insured and ready to drive.
Alongside a fully comprehensive insurance policy, The Out will also take advantage of Flock’s risk mitigation technology engineered to reduce road accidents. This technology produces insights that help Flock customers improve safety.
Tom Fawcett, managing director of The Out, said: “Flock Motor is miles ahead of the competition. Their team moved quickly to provide us with a policy that aligns our insurance costs with the vehicles we have on hire. Flock’s insights will help us scale whilst continuously optimising for driver safety and profitability.”
Flock’s CEO, Ed Leon Klinger, added: “Renting a car should be easy and seamless, but the traditional insurance industry didn’t get the memo. Inflexible insurance products are now one of the last remaining hurdles when it comes to flexible car usership.
“Flock is proud to be providing THE OUT with a fully flexible, usage-based insurance product, and we’re even more excited about how our real-time risk insights will help the Jaguar Land Rover fleet improve safety over time”