commercial drone insurance

Source: Lorenz Drone-solution provider Lorenz Technology this week insured its future success by partnering with insurtech startup Flock. Lorenz produces Lorenz AI-Link, an edge-computing device that deploys UAV preprogrammed flight routes, gathering video data in real-time. In addition, AI-Link archives data for incident reporting. The company’s Lorenz Hive software makes …

Dronelife commercial drone insurance results As drones become increasingly integrated into the fabric of business, drone insurance is also a growing sector.  Many industries require commercial pilots to purchase insurance before flying – other pilots insure in order to protect their fleet and sensors.   Insurance for commercial drone flights …

Courtesy: Global Aerospace In HBO’s hit series Westworld, advanced air mobility vehicles zip characters from one plot twist to the next in a 2050s world of AI-piloted air taxis. Advances in fuel cells, drones and air-traffic management have pushed the nascent sector into a higher altitude of innovation, However, aviation …

Two players in the commercial drone space have just announced a partnership to help reduce insurance costs for commercial drone pilots.  It’s a partnership that makes sense – an InsurTech platform that’s all about quantifying risks, and a developer of drone safety systems proven to significantly reduce those risks: these …

SkyWatch.ai, a new player in the drone insurance market, offers the energy and flexibility of a high tech company – combined with the security of big insurance. Brandon Packman, left, and Tomer Kashi InsurTech is a relatively new word – and nobody embodies the fusion of technology and insurance better …

A brand new drone insurance coverage firm is on the rise. Commercial drone service suppliers have beforehand had to decide on between restricted protection that was handy and cheap, or extra complete conventional insurance policies that had been inconvenient and really costly. Droneinsurance.com might convey the very best of each …

A brand new whitepaper from Global Aerospace and DART Drones affords perception on how the drone business is transferring ahead to fulfill the challenges of huge scale implementation.  “An Analysis of the Drone Industry’s Progress and Focus on Safety”  estimates the industrial drone business at $500-$700 million at present – …

Drone insurance coverage choices are all over the place.  For many operators, each leisure and business, the choices are complicated – and costly.  How a lot drone insurance coverage do you really want?  How a lot ought to that value?  We talked to an business chief to seek out out. …

As thousands of new commercial drone operators enter the market, drone insurance becomes a big issue for many.  But what’s the right type of insurance for your business?  Here’s our analysis of the costs and benefits of on-demand drone insurance, like Verifly, vs. an annual policy from your broker. What …