Archive for insurance

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]

Intact Insurance Launches Drone Coverage for Canadian Businesses

Posted by Betsy Lillian on January 18, 2016

Intact Insurance, which touts itself as Canada’s largest home, auto and business insurance company, has launched unmanned aerial vehicle (UAV) coverage for small and midsize businesses. The new coverage caters specifically to companies that currently use or plan to use [Read More]

Colo. Division of Insurance: Five Tips on Getting Covered for Your UAV

Posted by Betsy Lillian on January 12, 2016

A division of Colorado’s Department of Regulatory Agencies emphasizes how important it is for drone owners to be aware of what they’re liable for – and covered for – if they end up crashing.

Md. Brokerage Firm Offering Lloyd’s of London UAV Insurance Program

Posted by Betsy Lillian on November 24, 2015

Hunt Valley, Md.-based All Risks Ltd., which touts itself as the largest national independent wholesale brokerage firm, has partnered with Prospect Insurance Brokers Ltd., a Lloyd’s of London broker providing specialist unmanned aerial vehicle (UAV) insurance for manufacturers and operators. [Read More]

Erie Insurance Group Implements Drone in Roof-Damage Claim

Posted by Betsy Lillian on October 01, 2015

Erie, Pa.-based Erie Insurance Group, holder of a Section 333 exemption from the Federal Aviation Administration (FAA), says it has moved from testing to actually using a drone to assist with a property-damage claim. The drone was used to inspect [Read More]

Insurance Company Offers ‘One-Stop’ Solution for Drone Operators

Posted by Betsy Lillian on June 05, 2015

Morristown, N.J.-based ProSight Specialty Insurance is now offering new insurance coverage specifically for commercial drone operators. ProSight says it developed the proprietary program after gaining insights from insuring drone use in the film and live media industries. According to the [Read More]

ISO’s New Drone Insurance Coverage Options Now in Effect

Posted by Betsy Lillian on June 03, 2015

ISO, a provider of information about property/casualty insurance risk, says its new coverage and exclusion options for commercial drones have officially taken effect in most ISO jurisdictions. The new options, effective June 1, address the growing liability exposures of the [Read More]

Insurance Group OK’d for Drones, the ‘Next Chapter in Claims Innovation’

Posted by Betsy Lillian on April 15, 2015

Erie, Pa.-based Erie Insurance Group is planning to use its recently granted Section 333 exemption from the Federal Aviation Administration (FAA) to operate drones for claims and underwriting processes. Erie, which is celebrating its 90th anniversary this year, offers insurance [Read More]

‘Unique Insurance Solution’ for Drones Launching in Canada

Posted by Betsy Lillian on April 01, 2015

Global Aerospace, a London-headquartered provider of aerospace insurance, has entered into a partnership with Zurich Canada to provide unmanned aerial systems (UAS) underwriting expertise and risk management support to Zurich's customers in Canada. Zurich Canada, a property and casualty insurer, [Read More]

New Consortium Forms for Advancing UAS in Insurance, Construction

Posted by Betsy Lillian on December 03, 2014

EagleView Technology Corp., a technology provider of aerial imagery, data analytics and geographic information system solutions, says it is leading the formation of the Property Drone Consortium. Chaired by Chris Barrow, president and CEO of EagleView, the consortium represents a [Read More]

Halberd Announces Finance and Insurance Agreement to Help Expand UAS Market

Posted by UAO Staff on December 06, 2012

Halberd Corp., a provider of unmanned aerial system (UAS) services, and JC Funding II LLC have partnered to offer financing and insurance to facilitate Halberd's clients in contracting and purchasing UAS carried on its platforms. According to Halberd, this financing [Read More]