Digital insurance startup continues to expand coverage in the US, providing recreational boaters with customized policies and technology for their specific needs
Built by boaters for boaters, the customers of Ahoy! get a built-in smart boat kit that works together with its own mobile app to offer advanced telemetry features that proactively help reduce risk and prevent damage or injury, and comes with an off-board phone protection policy. The mobile app offers alerts such as grounding avoidance, theft recovery assistance and micro-targeted warnings and weather forecasts, and will soon include a digital log and data collection for future trips.
“We are excited to begin offering policies on Ahoy!
Legacy insurance companies have failed to adapt to the unique needs of the modern boater and tend to bundle boat insurance with other insurance offerings such as home. The sole focus of Ahoy! is on this underserved segment, using technology to help protect boaters’ vessels and give them peace of mind, turning what was once seen as financial security into a proactive and secure asset. The team at Ahoy! is comprised of Navy veterans, insurance experts and experienced high-tech executives who use their expertise to create a holistic digital insurance product that is tailored to the specific needs of seafarers.
The insurance policies of Ahoy! are currently available directly and through agents to boat owners
Hey! is a technology insurance MGA that is transforming the recreational boating insurance industry from a financial hedge to a proactive asset. Built by boaters for boaters, Ahoy! combines its proactive risk reduction technology with its founders’ deep knowledge of boating and insurance to create innovative insurance policies for the 21St century. Using embedded Internet of Things (IoT) technology, as well as AI and Big Data, Ahoy! offers a proprietary risk reduction solution to proactively prevent boating accidents, thereby increasing the amount of time boaters can enjoy their vessel. In times of need, Ahoy! provides fast, modern and unobtrusive claim processing assistance and support so boaters can get back on the water in no time. Co-founded in 2021 by a team of Navy veterans, insurance experts and experienced high-tech executives,
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