Enterprise drone operations software and UTM company Kitthawk has announced a strategic investment from The Travelers Companies, Inc.,a pioneer in adopting the use of drones within the insurance industry.
According to a press statement Travelers “was one of the first to integrate drone operations into its claim inspections when it launched its drone program in 2016 and conducted its first large-scale deployment after Hurricane Matthew. Today, Travelers has nearly 600 dedicated Claim professionals that are FAA-certified drone pilots… Kittyhawk has supported the growth of Travelers’ drone operation by streamlining the data, hardware and software into one single system of record.”
“Using drones to assess property damage enables us to enhance our customers’ experience, adjust claims more quickly and efficiently and improve safety for our employees and vendors,” said Nick Seminara, Executive Vice President, Claim Services at Travelers. “Kittyhawk helps us manage the vast amounts of information we gather on inspections so we can help our customers recover from disasters faster than ever before. We continue to leverage new technologies in our business, including within our drone program, and we are pleased to further our relationship with Kittyhawk.”
Kittyhawk develops full stack enterprise drone solutions for professional pilots and fleet managers in media, insurance, energy, transportation, law enforcement and emergency management. Founded in 2015, the company has received USD9.5 million in aggregate funding from Travelers, Bonfire Ventures, Boeing HorizonX Ventures, Freestyle Ventures and The Flying Object (TFO).
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