Starr Insurance Companies has announced the launch of Starr Gate, a new usage-based general aviation policy for pilots who rent aircraft.
The policy charges pilots for coverage based on when they are flying, and includes access to CloudAhoy, a third-party, cloud-based pilot analytics tool, for a potential discount on the premium.
“This product is a significant innovation for Starr,” said Maurice R. Greenberg, Chairman and CEO of Starr Insurance Companies.
“For the thousands of pilots around the U.S., it’s a smarter way to get coverage. We’re leveraging technology to enhance safety and tailor coverage to match the market’s actual needs.”
Jim Anderson, Senior Vice President of Starr Aviation, also commented: “Starr Gate is better aligned with a pilot’s skills and flight time. With CloudAhoy data, we can write coverage in high definition. It’s customized insurance that can make you a better pilot.”
CloudAhoy scoring is designed to help pilots improve by matching their performance with thousands of other pilots.
“Giving pilots the flexibility to buy on-demand coverage could not have come at a better time as we begin to emerge from this public health crisis,” Anderson continued. “Qualified pilots can obtain coverage for when they fly. If you’re not flying now, apply for the coverage you need when you do start to fly again.”
“Using data-driven technology to provide quantitative, objective feedback to pilots has always been part of our vision,” added Chuck Shavit, the creator and CEO of CloudAhoy. “We are delighted to see it used in a positive way to reward pilots, and to promote safety and proficiency.”
