Title: Obtain Cayman Islands car rental insurance from the leaders.
1(345) (947-2966)
www.saxonmg.ky
2About Us
About Us We offer affordable car insurance while
emphasizing prompt, personalized service.
Saxon strives to protect all people in Cayman
through smart, flexible and affordable insurance.
It is genuinely important to us that we
contribute to the overall safety of roads, homes,
businesses and travels. Saxon believes being
great corporate citizens in the Cayman Islands
means supporting and strengthening the community
in ways that promote a safer, cleaner, and
brighter community for all. A vision for a
modern, forward thinking insurance company came
to fruition in January 2011 and acquired MG
Cayman, a motor insurer. Saxon continues to forge
a path of innovation for insurance companies in
the Cayman Islands and is continually raising the
bar.
www.saxonmg.ky
3Testimonials
Press Room
Saxon Introduces Drones to Cayman Property
Insurance Market
In another first innovation in the Cayman Islands
insurance market, local insurer Saxon has
employed the use of drones for data gathering,
imaging and surveying purposes of residential
properties that the company insures. The drone
is deployed to locate a specific residential
property via GPS to capture external images of
the property and surrounding areas. It
automatically calculates the structural
dimensions of the building and produces 3D
images, which, according to Saxon CEO Brian
Williams, enables the insurance underwriter to
have "a visual understanding of the property and
the risks associated with it." The images are
then stored in a database as part of the client
file.
www.saxonmg.ky
4Testimonials
Saxon Introduces Drones to Cayman Property
Insurance Market
Mr. Williams notes that use of drone technology
is ideal for speeding up the claims process and
eliminates the need for contracting a loss
adjuster in some circumstances. In the event of a
natural disaster such as a hurricane, loss
adjusters are usually flown into the island to
undertake physical inspection of damaged
properties and this process could take
weeks. "For each insured property, we will have
on hand images taken for the purposes of
valuation at the time of underwriting. Once a
disaster hits, we would deploy the drone to take
new images of the property, so immediately we
would have a set of before-and-after pictures
that would allow us to do a preliminary
assessment of the damage," Mr. Williams
stated. "We estimate that this technology will
help us to reduce the claim settlement timeframe
by at least 50 percent," he added. Saxon's
efforts to introduce drone technology has been
lauded by leading international reinsurance and
insurance group, Everest Re, which reinsures the
company's commercial property portfolio. "It is
great to see Saxon embracing cutting-edge
technology and continuing to take measures to
improve the manner in which the insurance
industry does business," noted Ron Diaz, Senior
Vice President.
www.saxonmg.ky
5Testimonials
Saxon Introduces Drones to Cayman Property
Insurance Market
Several countries including the UK and USA are
using drone technology commercially by
governments and private sector enterprises for
varying applications including news and data
gathering, delivery services, maintenance and
even for medical care. Saxon is the only
insurance company in the Caribbean to employ the
technology for the underwriting and claims
process. "We continue to take steps to improve
our services to clients, particularly through
the use of cutting-edge technology. We were first
to the Cayman market with other innovations such
as our Buy Online Insurance and we look forward
to doing even more to make the business of
insurance even more hassle-free for customers,"
Mr. Williams stated.
www.saxonmg.ky
6Testimonials
Saxon Introduces Drones to Cayman Property
Insurance Market
www.saxonmg.ky
7Contact Us Our Customer Care team look forward
to hearing from you!
Office Hours
Address
Saxon Centre 14 Saturn Close, Eastern Avenue P.O.
Box 1094 Grand Cayman, KY1-1102 Cayman Islands
Monday - Friday 830AM - 500PM Saturday 900AM -
100PM Sunday Closed
Phone (345) 94SAXON (947-2966)
Website www.saxonmg.ky
Email insurance_at_saxon.ky