Reinsurance News

SkyWatch acquires assets of Droneinsurance.com

9th October 2023 - Author: Jack Willard

SkyWatch, a digital insurance firm for the aviation industry has acquired the assets of Droneinsurance.com, in a move that brings together two innovative platforms and marks a major milestone across the drone insurance sector.

droneThis collaboration also heavily underlines SkyWatch’s commitment to providing unmatched coverage and service to drone operators across North America.

Under the partnership, customers of Droneinsurance.com will now be seamlessly transitioned to the SkyWatch platform for their insurance needs.

As a result, this move guarantees a smoother experience for Droneinsurance.com clients, while also presenting new enhanced possibilities for coverage and support through SkyWatch’s offerings.

In addition, all existing Droneinsurance.com policyholders will continue to be handled by droneinsurance.com. Upon policy renewal, these policyholders will be offered the option to seamlessly transition to SkyWatch.

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SkyWatch’s range of insurance policies, which includes hourly, monthly, and annual options, covers a wide variety of drone operators, from small photography businesses to inspection services, drone deliveries, light shows, and much more.

The company also has coverage available in all 50 US states and Canada.

Tomer Kashi, CEO of SkyWatch, said: “Droneinsurance.com has been a driving force in the industry, and we have always respected them as one of the first players that genuinely cared about the market and customers, striving to bring meaningful innovation. This acquisition represents not just a business decision, but a commitment to elevating the standards of drone insurance for all operators so they can focus on their mission with confidence.”

Jason Griswold, CEO of REIN, the parent company of Droneinsurance.com, added: “This acquisition represents a significant step forward for both our companies. SkyWatch’s innovative approach to digital insurance aligns seamlessly with the values Droneinsurance.com has upheld. We are confident that this transition will be nothing short of advantageous for our valued customers.”

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