Specialty insurer HDI Global Specialty SE has announced the launch of Aviation IQ, a new insurance platform which delivers general aviation policies to brokers in minutes.
The new platform has been developed in collaboration with Precision Autonomy, and delivers end-to-end digital automation of general aviation policies.
To begin, the new platform is only available in Australia but the firm expects to roll it out internationally, across all of the company’s aviation teams.
Head of Aviation at HDI Global Specialty SE Australia, Jamie Bowes, said: “Aviation IQ is a bespoke full insurance life cycle platform for general aviation policies. The aviation market has lacked disruption and innovation, this seeks to considerably change that. We are now able to provide a much faster response to brokers, more flexibility in terms of product offering, pricing and usability, and thus streamlining the traditional method of placement and management of aviation insurance policies.
“Since the start of our partnership with Precision Autonomy we have been impressed with the customisation capabilities of the platform which will provide aviation brokers with a genuinely enhanced level of service and experience.”
This announcement deepens the partnership that HDI Global has with Precision Autonomy, which commenced in January 2020 with a commercial drone insurance offering to the Australian marketplace.
Mark Halverson, Precision Autonomy’s Chief Executive Officer (CEO) and co-founder, said: “We are delighted to be extending our relationship with the Australian team at HDI Global Specialty. The partnership is already delivering a much enhanced experience for their brokers, I’m looking forward to demonstrating our ability to take this to the next level.”
