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Starr Insurance Companies Expands Drone Insurance on SkyWatch.AI Broker Platform

May 2, 2019

NEW YORK--(BUSINESS WIRE)--May 2, 2019--Starr Insurance Companies and SkyWatch Ltd. today announced the expansion of its drone insurance program, SkyWatch.AI. This new program will allow drone operators to purchase insurance from Starr through a SkyWatch.AI link on select aviation brokers’ websites.

“SkyWatch’s solution is revolutionary in our industry, making it easier for drone operators to access quality insurance at a moment’s notice,” said Jim Anderson, senior vice president, Starr Aviation. “This new platform allows qualifying commercial operators to obtain coverage within minutes 24/7.”

“After serving thousands of drone pilots with the SkyWatch.AI mobile app, we wish to open our solution to even more drone pilots, including ones that would like to continue working with their existing brokers,” said Tomer Kashi, chief executive officer of SkyWatch.AI. “That’s why we’re excited about this new development in partnership with Starr and innovative brokers.”

About Starr Insurance Companies

Starr Insurance Companies (or Starr) is a marketing name for the operating insurance and travel assistance companies and subsidiaries of Starr International Company, Inc. and for the investment business of C. V. Starr & Co., Inc. and its subsidiaries. Starr is a leading insurance and investment organization with a presence on six continents; through its operating insurance companies, Starr provides property, casualty, and accident and health insurance products as well as a range of specialty coverages including aviation, marine, energy and excess casualty insurance. Starr’s insurance company subsidiaries domiciled in the U.S., Bermuda, China, Hong Kong, Singapore and U.K. each have an A.M. Best rating of “A” (Excellent). Starr’s Lloyd’s syndicate has a Standard & Poor’s rating of “A+” (Strong).

About SkyWatch.AI

SkyWatch.AI is a leading data analytics platform offering drone pilots best-in-class insurance solutions. The SkyWatch platform leverages the power of machine learning to not only assess the risk, but to actively mitigate it. Insurance is provided by SkyWatch Insurance Services, Inc. a licensed insurance broker in all US states where SkyWatch operates and is underwritten by Starr Insurance Companies.

For more information, visit www.skywatch.ai.

Visit us at www.starrcompanies.com or follow us LinkedIn and Twitter.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190502005810/en/

CONTACT: Paula Negro

Director of Communications and Media Relations

paula.negro@starrcompanies.com, 212.884.0561

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: TRANSPORT AIR TRAVEL OTHER TRAVEL PROFESSIONAL SERVICES INSURANCE

SOURCE: Starr Insurance Companies

Copyright Business Wire 2019.

PUB: 05/02/2019 02:53 PM/DISC: 05/02/2019 02:53 PM

http://www.businesswire.com/news/home/20190502005810/en