drone insurance News

UK Insurtech Flock Launches Pay-As-You-Fly Drone Insurance

Flock, a London based startup, has launched Europe’s first “pay-as-you-fly” drone insurance solution. The “Flock Cover” smartphone app provides on-demand insurance for commercial drone pilots in the UK, with policies starting from just £5 ($7) for up to eight hours …

Drone Segment Will be Biggest Growth in Aviation Insurance in 50 Years, Experts Say

Now’s the time to get in on the ground floor of the business of insuring drones. That’s according to panel of experts speaking recently in a drone insurance webinar hosted by Insurance Journal. The consensus from the panelists was that …

Drone Insurance Webinar Tackles the Basics and Beyond

The live webinar on InsuranceJournal.com on Feb. 21, 2018 at 11 a.m. PST offers an insiders look at the drone insurance business. San Diego, CA, February 15, 2018– The future is here. Drones are buzzing about the skies over construction …

General Liability Underwriters to Play Vital Role in Drone Insurance: IUA Report

Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones, according to a report from the International Underwriting Association (IUA). As a result, general liability underwriters will have an important …

Worker Safety, Regulation Overload Among Highlights of Drone Expo In California

Drones may already be impacting the world of workers’ compensation. Fewer workers on communications towers are falling to their deaths, according to Todd Schlekeway, executive director of the National Association of Tower Erectors. Schlekeway, who was speaking at a panel …

Allianz, Insurtech Startup Flock to Launch Pay-As-You-Fly Drone Cover in UK

Allianz Global Corporate & Specialty (AGCS) has partnered with insurtech startup Flock to launch on-demand drone insurance in the UK market through a mobile app for commercial and recreational users. To be available in the UK market later this year, …

UK to Tighten Drone Regulations After Numerous Near-Misses in Past Year

British officials announced plans Saturday [July 22] to further regulate drone use in a bid to prevent accidents and threats to commercial aviation. The new rules will require drones that weigh eight ounces (226.79 grams) or more to be registered …

Portugal Accelerates Drone Law After 8 Close Encounters with Aircraft

Portugal is expediting a law that will introduce mandatory registration and insurance for drones weighing more than 250 grams (8.8 ounces). The measure follows eight near-misses between drones and commercial aircraft at Portuguese airports in June. Airlines have warned of …

Munich Re US Launches Commercial Drone Operator Liability Endorsement

Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under Federal Aviation Agency (FAA) Rule 107. Rule 107 went into …

Doughnut Delivery Drone Takes Flight in Colorado

Doughnuts were delivered this week by drone to Denver’s mayor and the city’s police and fire departments in an event that provided a glimpse into what companies hope will be a quick, inexpensive way to get merchandise to customers. Denver’s …