SkyWatch.AI has launched its on-demand drone insurance product on the UK market.
The company says it wants to build on its success in the US as it unveils its policies in the UK.
As part of the announcement, SkyWatch.AI confirmed its offering will be underwritten by international specialty insurance and reinsurance group Chaucer.
SkyWatch.AI is offered by on-demand, usage-based specialized mobility insurance provider VOOM, and will provide UK drone pilots with access to its platform that enables data analysis and active risk-reduction capabilities for users.
The firm detailed that by using Skywatch.AI, commercial drone pilots can receive instant, flexible, and affordable insurance, while lowering their rates by flying safer.
Drone pilots can purchase third-party liability insurance via SkyWatch.AI’s mobile application, choosing either a monthly or per-flight coverage plan.
SkyWatch.AI’s 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.
During flight, pilots will be able to use the in-app DJI compatible flight module and get real-time safety alerts as well as post-flight analysis.
It also calculates a proprietary ‘Safety Score’ for each flight based on the operator’s behavior.
Commenting on the launch, Tomer Kashi, CEO and co-founder of VOOM and SkyWatch.AI, said: “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.”
Adding: “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.”