Unmanned Aerial Systems are without a doubt at the forefront of aerial innovation. As an emerging industry that is inherently fraught with risk, it should come as little surprise that the insurance market is quickly trying to capture and develop this promising new market.
One major carrier, Liberty Mutual, recently announced a joint venture with Acend, Inc. to launch a new drone insurance platform. Details remain to be seen (the company states that it will begin writing policies this summer). And we are closely following the types of common and unique risks these policies should protect against.Read More