“For a long time, customers have been telling us that in order to scale their operations, they need to fly safely, compliantly – and they need insurance,” Ben Marcus, AirMap‘s Co-Founder and Chairman, tells DRONELIFE. “That’s why we decided to integrate with DroneInsurance.com.”
It’s a simple concept. But the collaboration between the world’s leading airspace management platform for drones and DroneInsurance.com, a digital drone insurance portal, is a significant step forward for commercial drone operators and the drone insurance industry – an industry that didn’t exist for most people until a few years ago.
It wasn’t that long ago that drone operators had to choose between very limited liability coverage that they could get easily on the fly and more traditional, more expensive – and also very limited – coverage from an agent. But as the industry and customers have gotten more sophisticated, drone insurance is now a necessity, and requirements can change with each mission. Insurtech companies have taken on the challenge: operators now have more coverage options and better access.
The collaboration will allow U.S.-based1 drone operators to purchase insurance from DroneInsurance.com within the AirMap for Drones mobile app. The app is available today and can be downloaded from the App Store and Google Play. AirMap estimates that it’s platform is used by about 85% of the drones in the world – so the integration has the potential to make a major impact on the industry.
“The integrated ability to purchase insurance is made possible through REIN’s recently launched digital portal DroneInsurance.com, which aims to provide a smart and paperless drone insurance experience that offers dynamic policy options to address the unique risks, pain points and insurance needs of commercial drone operators,” says the announcement. “By providing the option to add insurance coverage as an easy, seamless part of AirMap’s pre-flight planning workflow through the AirMap for Drones iOS and Android mobile app, AirMap is improving the daily flying experience for drone operators.”
“This joint effort between AirMap and DroneInsurance.com is about empowering commercial drone operators,” said REIN’s COO & Co-Founder Jason Griswold. “AirMap is brilliant at helping drone operators scale their businesses and the addition of the DroneInsurance.com toolset inside the AirMap mobile apps will synergize operational, safety, and insurance tools to really help drone operators scale their operations. From commercial-grade liability limits for episodic flight coverage to sensors and physical damage coverage options, our product aims to solve the unmet needs in the commercial drone insurance industry.”
“We bring an integrated discover, connect, fly experience to our app users. Extending this with easy-to-use on-demand insurance further enables and promotes safe and informed drone operation,” said Ben Marcus, AirMap co-founder and Chairman. “Paired with our leading airspace management platform, AirMap users will get a lot of value from streamlined and easy-to-understand drone insurance.”
1DroneInsurance.com is now available throughout the United States except in NY, NJ, KY, IL, WV and MN. Insurance services are provided by Acend Insurance Solutions, LLC (“AIS”), a licensed surplus lines producer in all 50 U.S. States. AIS operates in California under license No. 0L70741. Additional licensing information is available at DroneInsurance.com.
Miriam McNabb is the Editor-in-Chief of DRONELIFE and CEO of JobForDrones, a professional drone services marketplace, and a fascinated observer of the emerging drone industry and the regulatory environment for drones. Miriam has a degree from the University of Chicago and over 20 years of experience in high tech sales and marketing for new technologies.