REIN, an insurtech company focused on creating new insurance solutions around the emerging risks posed by robotics, mobility and online ecosystems, is announcing the launch of its first digital portal, DroneInsurance.com. It provides a smart and paperless drone insurance experience, offering dynamic policy solutions to address the unique risks, pain points and insurance needs of commercial drone operators.
DroneInsurance.com is an automated platform that lets commercial drone operators safeguard their business and self-manage coverage solutions online. For a monthly amount per drone, businesses can protect their ground operations. Then, operators can purchase flight liability coverage on-demand, for as little as a day, or as long as a year, with a range of limits.
“This product is about empowering commercial drone operators,” said Christopher Dean, CEO at REIN. “From higher liability limits for episodic flight coverage to sensors and physical damage coverage options, our product aims to solve the unmet needs in the commercial drone insurance industry. Our platform will enable the industry to grow with the dynamic and evolving drone use cases and their emerging risks.”
Underwritten through Liberty Specialty Markets, DroneInsurance.com’s offerings are now available in selected States of the United States1 via an intuitive web and mobile-ready dashboard.
“At Liberty Specialty Markets , we have a chance to match REIN’s market-leading technology, distribution system and data proficiency with innovative insurance policies to create a best-in-class solution for the drone market,” said Mike Gosselin, Chief Underwriting Officer, Liberty Specialty Markets. “Technology is rapidly changing the insurance landscape, so partnering with REIN to launch DroneInsurance.com makes perfect sense to meet this increasing demand.”