Skywatch.AI, the on-demand telematics-based insurance platform for commercial drones, has launched in the UK.
Based in the US, Skywatch.AI’s UK policies will be underwritten by specialty insurance and reinsurance group Chaucer. In addition, Skywatch.AI is offered by on-demand, usage-based mobility insurance provider VOOM. It will provide UK drone pilots with access to its platform that enables data analysis and risk-reduction.
Commercial drone pilots in the UK will receive instant insurance through Skywatch.AI. Furthermore, they can purchase third-party liability insurance through the Skywatch.AI app.
The telemetry-based risk analysis platform will provide a risk map to help pilots plan their flights, get real-time weather updates, and proactively avoid potential hazards. Pilots can also receive real-time safety alerts during flight.
SkyWatch.AI also calculates a proprietary ‘Safety Score’ for each flight based on the operator’s behaviour. The telemetry-based Safety Score can be used to set an industry benchmark for operators to improve their score, as well as contribute to lower premiums with leading insurance carriers in the aviation industry.
“Drone pilots are innovators in the way they use technology and run their businesses- and they need flexible coverage they can control and adjust to reflect this.” said Tomer Kashi, CEO and co-founder of VOOM and SkyWatch.AI.
“Our service currently covers thousands of drone pilots in the US. We’re proud to expand SkyWatch.AI to the UK and provide a solution that helps drone pilots fly safer while saving money on their future insurance policies.“
“We provide innovative underwriting products and a first class service to our aviation clients and believe that our partnership with SkyWatch.AI will deliver this,” said Grant Halliwell, head of aviation. “The drone industry is fast growing and dynamic and UAV operators want insurance that responds to the unique set of risks that drones confront and SkyWatch.AI definitely does this.”