SkyWatch.AI Announces Partnerships with Sky Smith
Palo Alto, California, May 2nd, 2019 – SkyWatch.AI, a leading risk-assessment and InsurTech platform for the drone industry, announced today its partnership and technological integration with Sky Smith along with eight other leading US aviation brokers to provide drone insurance on a monthly subscription basis from a dedicated web portal.
Sky Smith will now offer their customers direct access to SkyWatch.AI’s monthly drone insurance plan as part of their service, the policies are underwritten by Starr Insurance Companies.
The commercial drone industry continues to grow exponentially, with projections that businesses and civil governments will have spent $13 billion on drone technology between 2016 and 2020. With the potential for usage in industries from firefighting to photography to farming, drones have proven their value in safety, accuracy, and costs. But if proper risk protocols are not taken before operation, these drones can pose major risks. The potential threat posed by commercial drones has led to the need for more effective insurance platforms for any pilot engaging in these activities.
To mitigate these risks, SkyWatch.AI created an on-demand insurtech platform for commercial drone use that provides data analysis and active risk-reduction capabilities for drone pilots; this means pilots can fly safer, faster, and more efficiently at great insurance rates. Drone pilots can now purchase SkyWatch.AI’s liability and hull insurance through their broker’s web portal. Pilots benefit both from the personal service of their trusted broker and a seamless, intuitive digital experience.
“After serving thousands of drone pilots with the SkyWatch.AI mobile app, we saw the demand to expand our solution to include even more drone pilots, including those who would like to continue working with their existing brokers. Hence, we’re excited to launch this new development,” said Tomer Kashi, CEO of SkyWatch.AI. “We are proud to have partnered with innovative brokers to offer best-in-class, on-demand drone insurance solution via web and mobile.”