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.”
To learn more, visit DroneInsurance.com.
1DroneInsurance.com is now available throughout the United States except NY, NJ, KY, IL, WV and MN. Insurance services are provided by Acend Insurance Solutions, LLC (“AIS”), a licensed surplus lines producer in all 50 U.S. States. AIS operates in California under license No. 0L70741. Additional licensing information is available at DroneInsurance.com.
Cutting-edge technology demands cutting-edge coverage. Powered by REIN’s insurtech platform, DroneInsurance.com replaces paperwork and complexity with data-driven automation and user control to offer on-demand insurance coverage solutions designed to address the unique risks, pain points and coverage needs of commercial drone operators. REIN was founded in 2015 and is located in Maynard, MA and Chapel Hill, NC. REIN’s wholly owned subsidiary, Acend Insurance Solutions, LLC is a licensed surplus lines producer in all 50 U.S. States and provides insurance services. For more information, visit REIN.ai and DroneInsurance.com.