The Phoenix Insurance Company and Aerospace Insurance Brokers (AIB) partner with SkyWatch to provide an end-to-end digital insurance solution for light sport aviation pilots.
Together with Israel’s largest aviation broker, Aerospace Insurance Brokers, SkyWatch.AI has expanded its general aviation operations by providing digital insurance solutions for all members of the Israeli Light Aircraft Association (ILSA).
Insurance policies will be underwritten by The Phoenix Insurance Company Ltd, a leading Israeli insurance company. Pilots and Association members will be able to bind coverage online and on demand within minutes without excessive paperwork.
“We are proud to expand our cooperation with The Phoenix Insurance, and Aerospace Insurance Brokers, to provide a first of its kind digital solution for light aviation” says Tomer Kashi, SkyWatch's Co-Founder and CEO. “Our vast experience with aviation insurance, as well as our adaptable digital platform, continues to allow us to meet the needs of both pilots and insurers”.
“Aerospace Insurance Brokers is delighted to be the first and only Aviation insurance broker to provide an advanced technology backed full digital aviation insurance platform fo Israeli pilots.” says Tal Engel, founder and CEO of AIB. “The platform provided by SkyWatch enables our pilots to finalize their insurance needs quickly and easily, with exceptional results.”
“This is our second successful cooperation with SkyWatch and another major step in our innovation efforts.” says Eran Levi, Chief Innovation Officer at the Phoenix Insurance Company.
“We, at the Phoenix, are happy to cooperate with new and existing partners to promote any future digital solution.” says Nadav Goldenberg , Head of Marine & Aviation at the Phoenix Insurance Company Ltd. “Our vision is to provide our clients with suitable insurance coverage through a unique and advanced digital experience."
SkyWatch.AI is the world's first on-demand, telematics-based insurance platform for the aviation industry. The SkyWatch.AI platform leverages the power of machine learning to assess and mitigate risks and provide tailor-made, flexible coverage for general aviation and drone pilots alike. Since 2018, SkyWatch.AI has provided thousands of commercial and recreational pilots with flexible insurance coverage.
About The Phoenix Insurance Company Ltd
Learn more https://investor-relations.fnx.co.il
About Aerospace Aviation Insurance Brokers
Learn more https://aerospace.co.il/about/