Worldwide Risk Management, Inc. specializes in helping companies of all sizes maintain and satisfy the stringent requirements of conducting business internationally.
Drone / Unnamed Aircraft Insurance
The unmanned aircraft industry is poised for takeoff, with dramatic implications for everything from public safety, to farming, to infrastructure maintenance. Already, unmanned aircraft are enabling jobs ranging from agricultural monitoring to wildfire surveillance to be done more safely, cost efficiently and effectively than ever before. As regulatory hurdles are cleared, use of unmanned aircraft across a spectrum of industries is expected to accelerate rapidly.
The integration of Unmanned Aircraft Systems (UAS) into the National Aerospace System is expected to contribute $82.1 billion to the nation’s economy by agriculture, public safety and other activities.
As your clients move into this promising arena, they can confidently carry with them insurance tailored to fit this risk. AIG, a leader in the aerospace insurance industry for nearly 70 years, has developed Unmanned Aircraft Insurance expressly for the exposures facing operators of remotely piloted, semi-autonomous, and fully autonomous aircraft.
Our strong carrier relationships and industry connections allow us to provide our clients with the lowest rates in the industry. Our products include:
Flexible coverage Terms and conditions customizable to individual needs.
Policy language Drafted specifically to respond to the exposures of unmanned aircraft.
No exclusion For loss arising from electronic malfunctions and failure of electronic components, accessories, and power equipment (Such exclusion is standard on manned aircraft policies).
Coverage for aircraft operators Including non-pilot and on-ground crewmembers.
Coverage for physical damage For damage to the aircraft itself, along with installed or carried equipment and ground control units.