13 February 2020Insurance

SkyWatch.AI and Starr launch drone insurance product in Canada

SkyWatch.AI, an on-demand, telematics-based insurance platform for commercial drone pilots, has launched its drone insurance product in Ontario, Canada. SkyWatch.AI’s dedicated drone insurance allows professional drone pilots to easily set and manage their coverage through their mobile or desktop devices. The policies are underwritten by a member of Starr Insurance Companies.

Through Skywatch.AI, commercial and recreational drone (RPAS) pilots rapidly receive flexible liability insurance by the hour, month or year. The telemetry-based risk analysis platform provides a risk map to help pilots plan their flights, get real-time quotes, proactively avoid potential hazards and analyse their performance.

SkyWatch.AI will allow eligible drone pilots to reduce their insurance premiums as they fly safely over time.

“The drone industry is rapidly growing and 2020 is set to be a pivotal year for drone pilots on all levels. We want to provide drone pilots innovative technology and insurance with extremely flexible coverage plans.” said Tomer Kashi, CEO and co-founder of SkyWatch.AI. “We’re excited to have SkyWatch.AI expand into Canada, and after our initial run in the province of Ontario, we plan to expand to more regions and provide more Canadian drone pilots with our advanced insurance solutions.”

Paul O’Ryan, Canadian territory manager, general aviation at Starr. “After setting a new standard for drone insurance in the United States in terms of coverage, flexibility, automation and ease of use, we are proud to expand our relationship with SkyWatch.AI to Canada. The need for usage based insurance is rapidly growing, and we look forward to meeting the demands of professional drone operators in Canada as well.”

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

​​​ ​​​Argo Group predicts 'unacceptable' Q4 operating loss of $114m
Zurich exceeds targets with strong 2019 results driven by P&C book
Lancashire’s bullish 2019 results is evidence of ‘harder cycle’
Coronavirus affecting China's economy, earnings - AM Best analysts
Prudential's Eastspring completes Thanachart Fund acquisition
Trisura combined ratio holds steady; income falls
Kemper reports income boost in 2019

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
26 May 2020   The new policy is designed specifically for pilots who rent aircrafts.
Insurance
9 July 2019   Following a successful run in the US, SkyWatch.AI, an on-demand telematics-based insurance platform for commercial drones, has launched in the UK.
Insurance
27 March 2018   Insurance firm Starr Companies has signed an agreement with insurtech startup SkyWatch to offer usage-based insurance to the drone industry.