Archive for insurance

Global Insurer Launches Coverage for Drones in Construction

Posted by Betsy Lillian on March 10, 2017

Starr Companies, a global insurance and financial services organization with headquarters in New York City, has launched primary and excess liability coverage for drones in the construction industry. A joint initiative between Starr’s aviation and excess construction divisions, the product [Read More]

DropIn Enables Mobile Access to Live Drone Video for Insurance Industry

Posted by Betsy Lillian on December 15, 2016

DropIn Inc.’s insurance customers can now order on-demand, live-streaming drone video of properties, which will be assessed via the DropIn iOS app. Los Angeles-based DropIn provides live video and still image capture via drones and smartphones for the property and [Read More]

Allstate Goes from Polaroid to Ultra-Zoom Drone Technology

Posted by Betsy Lillian on October 20, 2016

Allstate Corp., one of the nation’s largest publicly held personal lines insurers, is taking drones over Savannah, Ga., and parts of South Carolina to inspect rooftops and homes damaged by Hurricane Matthew. Allstate says it is using multiple unmanned aircraft [Read More]

Insurance Company Rolls Out New Drone CGL Coverage

Posted by Betsy Lillian on September 14, 2016

General Star Management Co., a wholly owned subsidiary of General Reinsurance Corp., has announced the availability of commercial general liability (CGL) coverage specifically designed to protect manufacturers, distributors and operators of unmanned aircraft systems (UAS). In addition, contingent coverage for [Read More]

DropIn Launches Live, On-Demand Drone Video for Insurers

Posted by Betsy Lillian on September 06, 2016

DropIn Inc. – a provider of technology for live, on-demand video for insurers – has expanded its suite of software for policy acquisition and management by launching a beta version of the technology for drones. The stream features two-way audio, [Read More]

Allstate Insurance Deploys UAVs Over Hail-Damaged Texas Homes

Posted by Betsy Lillian on September 01, 2016

In a first-of-its-kind mission for the company, Allstate Insurance Co. recently deployed unmanned aerial vehicles (UAVs) to inspect hail-damaged homes in south Texas. Using multiple drones to test image quality, damage-analysis tools and customer response to the technology, Allstate took [Read More]

Want Instant Drone Insurance for 10 Clams an Hour?

Posted by Betsy Lillian on August 09, 2016

Verifly, which says it is the first company to offer on-demand drone liability insurance, has now launched its services in 40 states. Starting at $10/hour through an iOS or Android app, Verifly’s model offers $1 million in liability coverage and [Read More]

Acend Creates Usage-Based Insurance Platform for UAS Market

Posted by Betsy Lillian on June 10, 2016

Acend, a product developed by PlatformBrown Inc., is bringing together data, technology and analytics to deliver usage-based insurance (UBI) to unmanned aircraft system (UAS) operators. Through a strategic partnership between Acend and PrecisionHawk, commercial drone operators will be able to [Read More]

Amendment for UAS in Post-Disaster Recovery Added to FAA Reauthorization

Posted by Betsy Lillian on February 16, 2016

The U.S. House of Representatives’ committee on transportation and infrastructure recently approved an amendment in the Aviation Innovation, Reform, and Reauthorization (AIRR) Act to make it easier for property/casualty insurers to use unmanned aircraft systems (UAS) following natural disasters, says [Read More]

Measure Partners with Reinsurance Broker to Advance Drones in Insurance

Posted by Betsy Lillian on February 03, 2016

Willis Re, the reinsurance business of global advisory, broking and solutions company Willis Towers Watson, has announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the technology to Willis [Read More]