VOOM Insurance Expands Digital Specialty Offerings for Ground Vehicles
VOOM Insurance, operating in the digital specialty insurance market, has significantly broadened its product range, particularly in ground vehicle insurance.
VOOM Insurance, a company active in the digital specialty insurance sector, has expanded its operations to encompass a wider array of insurance categories that require significant specialization yet can be managed digitally.
The company operates under two distinct brands. Skywatch focuses on aviation-related insurance, covering commercial drones, aircraft renters, and owners. Skywatch claims to be the category leader in North America for these offerings.
The VOOM brand, conversely, concentrates on insurance for ground-based vehicles. Notably, the company offers the market's only pay-per-mile insurance option for motorcycles, ATVs, UTVs, and e-bikes.
These strategic moves indicate VOOM Insurance's aim to leverage digital distribution channels to reshape segments of the insurance industry that have traditionally been complex. The expansion addresses evolving customer needs and market demands within the specialty insurance landscape.