SkyWatch acquires Droneinsurance.com
Aviation insurance startup SkyWatch has acquired the assets of Droneinsurance.com from insurance technology provider REIN.
Customers of Droneinsurance.com will be transitioned to the SkyWatch platform for their insurance needs.
SkyWatch offers hourly, monthly, and annual insurance policies that cover a variety of drone operators — from small photography businesses to inspection services, drone deliveries, light shows, and beyond. Coverage is available in all 50 states and Canada.
“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.” – Tomer Kashi, CEO of SkyWatch.
“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.” – Jason Griswold, CEO of REIN.