Following a successful run in the US, SkyWatch.AI, an on-demand telematics-based insurance platform for commercial drones, has launched in the UK.
Telematics-based drone insurance platform SkyWatch. AI has launched third-party liability cover for UK commercial drone flyers, underwritten by Chaucer. The company is also working with the US Department of Transportation to develop a new set of rules and regulations that will govern drones in the US. It uses a feature called “Safety Score”, which can offer operators an industry benchmark and help lower premiums. SkyWatch works through on-demand, use-based insurance specialist Voom. The service already covers US drone flyers and the company said the number of approved drone pilots in the UK had risen 500% in the past nine years.