Ahoy! named top insurtech | Insurance Business America
Ahoy!, a digital insurance managing general agent for recreational boating, has been named “Best Emerging InsurTech” by InsurTech Hartford as part of the Innovation Challenge Awards.
“Ahoy! Insurance is building a tech-first product, designed by boaters for boaters, for a legacy market where others are not,” said Stacey Brown, founder of InsurTech Hartford. “That is a true example of insurance innovation. It is great to see them win the Best Emerging InsurTech category.”
Ahoy! offers boaters benefits including risk reduction technology and contextual data to prevent accidents and improve the boating experience. Ahoy!’s customers receive an onboard smart boat kit, which works with a proprietary mobile app to offer telemetry features that help reduce risk and prevent damage or injury.
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“We’re honored to be recognized by InsurTech Hartford as the leading insurtech startup,” said Amit Nidenbaum, co-founder and CEO of Ahoy! Insurance. “Recreational boating insurance is broken, or at least outdated. As boaters ourselves, we made it our mission to guarantee peace of mind for boaters as we understand that a boat is more than an asset – it’s a lifestyle.”
Ahoy!’s insurance coverage is currently available directly and through agents in 15 states, with plans to expand across the US in the coming months.