
SkyWatch has launched a fully digital aircraft owner’s insurance platform.
The new platform allows general aviation aircraft owners to get a customized insurance policy online in a matter of minutes, with no need for a middleman, according to company officials.
The new product is backed by Global Aerospace, a provider of insurance and risk management solutions for the aviation industry.
“We believe it is time for the next generation of aviation insurance — faster, easier, and more customized to the needs of pilots,” said Tomer Kashi, co-founder and CEO of SkyWatch.
He noted that the company’s approach is “built on a foundation of data-driven technology and a deep understanding of the unique needs of pilots.”
“The decision to build a new easy-to-use, technology-based platform to provide the best user experience for pilots aligns with our commitment to drive innovation and simplify the process of buying aviation insurance,” said Jeff Bruno, president and chief underwriting officer at Global Aerospace.
In 2022, Skywatch launched an on-demand aircraft renter’s insurance. Since its debut, thousands of pilots customized their insurance policy plan according to the amount of time they spend in the air, company officials explained.
For more information: SkyWatch.ai