Insurance and law firms start drone services

Insurance companies in the U.S. and Canada have jumped on the UAV bandwagon, with many now offering coverage for commercial drone users. The insurance usually covers liability for any damage caused by the drone, with comprehensive options covering damage to the drone itself.

Unmanned Risk Management, which also insures helicopters and other aircraft, has insured drones in all 50 U.S. states and in other countries, and has insured the seven film operators that received Section 333 exemptions.

ProSight Specialty Insurance, which operates in the U.S. and UK, was given a Best in Biz Award partly for creating insurance for drone operators. ”It’s so prescient and forward-thinking given the burgeoning use of drones in today’s business world,” said a Best in Biz judge.

AIG has developed commercial UAV coverage designed for the exposure faced by remotely piloted, semi-autonomous and fully autonomous aircraft.

In Canada, Intact Insurance’s UAV coverage caters to small and medium-sized businesses that use or plan to use drones in their business operations.

Meanwhile, a Chicago law firm is now specializing in federal commercial drone law. Antonelli Law became the first law firm in the U.S. to be invited by drone maker DJI to participate in the company’s referral program for commercial drone users to help them receive Section 333 exemptions from the Federal Aviation Administration (FAA). In 2015, Antonelli Law filed more than 50 petitions with the FAA.

The firm also launched a specialized drone law service for police and fire departments, community colleges, universities and municipalities obtain FAA exemptions.