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Wed, Apr 05, 2017

The Allianz UAS Drone Insurance Program Is Open To Independent Agents

Additional Offerings To Be Rolled Out Over The Next Three Months

Independent Insurance agents and brokers can now benefit from the Transport Risk Management innovative Unmanned Risk Management Allianz insurance program. And that's just the beginning. Over the next 90 days, additional insurers will be offering quotations and policy issuance directly through the Unmanned Risk Management submission suite allowing agents and insured's to access the entire market through a single point.

Added to that will be insurance and risk management products for unmanned ground vehicles (UGV), Unmanned Surface Vehicles (USV) and Unmanned Rail.

Unmanned Risk Management, a division of Transport Risk Management, Inc., is introducing a revolutionary line of Unmanned Aviation Insurance products, delivered via the Unmanned Risk submission suite system, which unlocks new options for consumers and insurance agents looking for a simplified, cost effective way to address unmanned aircraft risk. These programs will become part of Transport Risk's online system allowing for single point instant submission-quote-bind-pay and policy issuance.

Unmanned Risk's new independent agent programs and submission suite changes the way consumers and agents will view and procure unmanned aircraft insurance. This product line directly responds to coverage gaps and time-consuming underwriting struggles that have affected both consumers and agents. The Unmanned Risk platform simplifies the processes for agents while offering consumers the most extensive unmanned aircraft insurance coverage options available.

Over the next 90 days, additional insurers will be offering quotations and policy issuance directly through the Unmanned Risk Management submission suite allowing agents and insured's to access the entire market through a single point.

The suite includes three core products:

UAVAssure | Insurance For UAS UAV Drone Operators

  • Insurance Coverage for Unmanned Aerial Vehicles – UAV
  • Unmanned Aircraft Systems – UAS
  • Civil Drone and RPAS

UASAssure | CGL and products insurance for manufacturer and service providers

  • Liability for manufacturers products and work that they perform (Products and Completed Operations Liability)
  • Liability for distributors and the products they sell perform (Products and Completed Operations Liability)
  • Liability for repair & service facilities and work that they perform (Products and Completed Operations Liability)
  • Liability for training facilities and the instruction they provide (Products and Completed Operations Liability)

GeoAssure - Insurance for geographically and autonomously controlled UAS

  • Insurance For Unmanned Aerial Systems Operating In Geographically Fenced Or Defined Areas

Future Program Offerings Will Include Transport Risk Management’s Revolutionary Dromatics Usage Based Insurance Program (UBI):

Dromatics - Pay Per Use Insurance For Unmanned Systems

Dromatics is the world’s first true pay per use (PPU) insurance solution for unmanned systems. Unmanned Risk Management is focused on delivering flexibility and personalization in all of our insurance product offerings – when and how customers want it. This approach requires simplified, transparent and flexible products with dynamic pricing and payment capabilities.

Dromatics pay per use (PPU) system allows us to tailor insurance to customers specific needs and usage patterns. PPU is a dynamic solution that provides UAS operators with the flexibility that their customers demand, the ability to accurately track and control costs and provides an unprecedented ability to scale their operations.

(Source: Allianz blog)

FMI: www.UnmannedRisk.com

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