27 May 2020News

Starr unveils smart aviation coverage

Starr Insurance Companies has launched Starr Gate, a general aviation policy designed for pilots who rent aircraft.

Starr claims that coverage for pilots has traditionally lacked flexibility, forcing them to buy coverage they didn’t need. Starr Gate tailors coverage depending on where pilots are flying, offering customers “high-definition underwriting” and usage-based pricing.

The programme includes access to CloudAhoy, a third-party, cloud-based pilot analytics tool that provides quantitative, objective feedback to pilots, potentially delivering a discount on the premium.

Maurice Greenberg, chairman and chief executive of Starr Insurance Companies, said: “For the thousands of pilots around the US, [Starr Gate] is 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, said: “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 customised insurance that can make you a better pilot.”

The programme “could not have come at a better time,” said Anderson. “If you’re not flying now, apply for the coverage you need when you do start to fly again,” he added.

Starr is an insurance company with operations in Bermuda and a presence in the US, Europe and Asia.




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More on this story

News
5 April 2019   Starr Insurance Companies, which operates in the US, Bermuda, Asia and the UK, has appointed Carmella Capitano as senior vice president, head of primary general casualty-risk management and excess casualty.
News
23 May 2022   It will buy FPG Insurance Public Company, a Thai non-life insurance company.