Finance, Taxes, Insurance
5X5 Forms To Offer Direct-to-customer Aviation Insurance
Company will provide discounts to pilots who share data
Daher TBM ad Kodiak
5X5 is focusing on the high-end owner-flown market. © Daher Aircraft

A team of pilots, working with entrepreneurs and insurance specialists, has formed a new aviation insurance underwriter, 5X5, that will work directly with customers to provide tailored coverage. Saying its direct-to-customer coverage will be data-driven, the company plans to offer a range of services for the high-end owner-flown aircraft market.

Thus far, the company has received authorization to provide full coverage in five states—Arizona, Delaware, Georgia, Illinois, and Virginia—but intends to expand to the lower 48 contiguous states as regulators approve. 5X5 will update progress on the expansion on its website.

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