Sky-Futures signs up Flock as worldwide drone insurance partner

SOURCE Flock / Sam Golden : We’re delighted to announce that Sky-Futures, a world leader in drone surveying, has brought Flock on board as its connected insurance partner.

In the past 10 years, Sky-Futures has risen to prominence as one of the largest drone-based inspection and survey organisations globally. It has conducted hundreds of large scale projects across sectors including oil and gas, telecoms, engineering and.maritime, in over 33 countries and has further plans for expansion for 2021.

Talking about the partnership, Chris Blackford, CEO of Sky-Futures said: “As we’ve continued to expand globally, we needed to ensure that our insurance partner had the capability to keep up with our complex needs and rapid rate of growth.

“We are adding new drones, pilots, and locations to our policy almost every week, it was therefore important that we engaged a data-driven insurtech like Flock that could keep up with our quickly changing requirements.”

Previously Sky-Futures found it difficult to find an insurance partner that was able to respond quickly to policy changes or source complex cover as and when it was needed. This partnership with Flock will enable the company to simply and seamlessly scale its drone insurance alongside its operations.

Above and beyond insurance
Sky-Futures will also be able to harness insights generated by Flock’s risk intelligence engine to further optimise safety standards, allowing them to continue reducing risk and thereby unlock additional insurance savings.

Chris added: “Safety is key for Sky-Futures and our customers, and we needed an insurance partner that shared this focus in everything they do. Flock goes above and beyond, helping to drive safety standards across the drone industry and accelerating the adoption of emerging technology worldwide.”

Commenting on the news Flock’s CEO Ed Leon Klinger said: “At Flock, we take pride in supporting some of the world’s largest drone fleets with fair, flexible and transparent insurance. Sky-Futures has been an industry pioneer for many years, and we’re delighted to bring them on board.

“In an increasingly connected and autonomous world, it’s essential that insurance companies leverage the vast amounts of real-time data available to provide fair, accurate pricing for their customers. But we can go further — at Flock, we’re helping our customers understand their own exposure to complex risks, how this impacts their policy price, and how to reduce it over time.”

Insurance. Connected
Flock’s team of UAV specialists understand the requirements of the world’s most complex drone fleets. Using our risk intelligence engine, we are able to combine our expert knowledge with realtime, third party and proprietary datasets to produce insurance policies and pricing informed by the actual level of risk our customers are exposed to.

This connected approach to insurance helps reduce admin, improve flexibility and ensure customers always pay a fair price for commercial cover as and when they need it.

Sky-Futures supports STC Enterprise clients in the Kingdom of Saudi Arabia with UAV-based asset inspections, surveys and data management solutions.

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