The Institutes

New Coverage Options Address Liability Exposures Of Commercial Drones

 Tuesday, December 16, 2014

 Canadian Underwriter

ISO, a Verisk Analytics business, has announced the availability of new coverage options to prepare insurers for the rise of commercial drones around the world. Recently filed on a multi-state basis for a June 2015 implementation, the options modify coverage under ISO’s Commercial General Liability and Commercial Liability Umbrella/Excess programs, notes a statement from the company. “The new endorsements address the growing liability exposures of commercial drones, which have already developed a wide range of potential and reported uses, including package delivery, crop protection and aerial photography,” reports ISO, which, among other things, provides statistical, actuarial, underwriting and claims information and analytics.
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