Flown delivers “insurtech for airlines”. We bring a professionally managed, in-house insurance framework to airlines, which is not disruptive to their existing partnerships, and which enables them to directly offer ancillary flight disruption protections in the form of guaranteed compensation benefits (“GCBs”). Akin to what NDC has achieved for distribution, we help the airline to break its reliance on external insurers for such products so it can generate far superior economics and guaranteed customer retention.

Our platform offers the airline several important advantages compared to insurer-sourced solutions such as (i) control over product offers and pricing; (ii) the ability to leverage airline vouchers/credit for paying compensation benefits; (iii) no geographic limitations in making the product accessible to all customers; and (iv) full discretion by the airline on whether to assume the GCB risks (and related profits) or easily transfer to its contractual insurance provi...
Flown delivers “insurtech for airlines”. We bring a professionally managed, in-house insurance framework to airlines, which is not disruptive to their existing partnerships, and which enables them to directly offer ancillary flight disruption protections in the form of guaranteed compensation benefits (“GCBs”). Akin to what NDC has achieved for distribution, we help the airline to break its reliance on external insurers for such products so it can generate far superior economics and guaranteed customer retention.

Our platform offers the airline several important advantages compared to insurer-sourced solutions such as (i) control over product offers and pricing; (ii) the ability to leverage airline vouchers/credit for paying compensation benefits; (iii) no geographic limitations in making the product accessible to all customers; and (iv) full discretion by the airline on whether to assume the GCB risks (and related profits) or easily transfer to its contractual insurance provider, in which case Flown will facilitate all record management and due diligence reporting with actuarial sign-off. Aside from seamlessly fulfilling the end-to-end transaction, Flown’s purpose is also to optimize product pricing to achieve high sales at minimized risk and volatility to the airline or its insurer. We believe we have achieved that with our proprietary, externally vetted actuarial models

Aside from the above competitive advantages, our strength lies in our balanced leadership team. Joel is a qualified actuary with a diversified career spanning 18 years including in insurance pricing, valuation and risk management. Sanjeev, our Chief Product Officer, is a highly experienced airline professional who previously spent 11 years leading e-commerce development and innovation at Emirates Airline. And finally, our CTO Himanshu is a sought-after senior developer with expertise in fintech, cloud solutions and IOT.

Our goal is to acquire 1-3 initial airline pilots/partnerships that we will focus on exclusively to perfect the operation before expanding more aggressively. It is therefore a great opportunity for an airline to join us now and influence how the solution is built to specifically match their needs and infrastructure. We have signed NDAs with two airlines.
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Joel Beharry
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Joel Beharry CEO Joel is an experienced actuary and data scientist. 18-year career to date in consulting, insurance, investment hedging and product pricing.