Allianz Global Corporate & Specialty (AGCS) has partnered with Israel-based drone safety systems company ParaZero to offer its drone-safety products to insureds and help them manage risks involved with the operation of drones. This partnership is scheduled for initial roll …
SkyWatch, a data analysis, risk-assessment and risk-reduction platform for the drone industry, has signed an exclusive partnership deal with Starr Companies (Starr) to offer a telematics-based UAV insurance platform. The partnership will allow Starr to expand their existing UAV insurance …
Amazon Inc. and the British government have announced a partnership to test the e-commerce giant’s aerial drone parcel delivery system after run-ins over the technology’s use. Supervised by the U.K.’s aviation safety regulator, the Civil Aviation Authority, the trial will …
Willis Programs, a unit of Willis Towers Watson, and the Association for Unmanned Vehicle Systems International (AUVSI), an industry association for unmanned systems, have partnered to develop DroneGuard, an insurance program for AUVSI’s members. DroneGuard is designed for unmanned system …
A growing number of insurance companies envision a large, robust insurance market for liability and property coverage associated with drone use. However, many insurers currently are proceeding with caution in light of uncertainty about how the drones will be used …
Canadian insurer Intact Insurance has launched drone insurance for its commercial lines customers. This Unmanned Air Vehicle (UAV) coverage caters specifically to small and medium-sized businesses in Canada that currently use or plan to use drones to complement their business …
Product delivery-by-drone in urban areas may be possible within a few years if the U.S. government and the aviation industry agree to work cooperatively on the new technology, the chief of Google Inc.’s drone cargo project said Monday. The swift …
ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries and redefines “aircraft” to eliminate the exclusion for …
ISO’s new coverage and exclusion options for commercial drones took effect this month in most ISO jurisdictions. The options were designed to provide insurers with tools to help develop insurance programs for businesses that may use drones. The new options, …
The use of drones could become common practice for almost 40 percent of businesses in fewer than five years, according to corporate risk managers. Those same risk managers say they will buy drone insurance even if it’s not mandated. Munich …
