ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announces the launch of Insure4Drones. The new service, which is available immediately, will offer physical damage and/or liability cover with limits of £1 million ($1.4 million), £2 million ($2.9 million) or £5 million ($7.2 million) for single or multiple drones and operators. Operators must comply with all existing Civil Aviation Authority regulations in order to be eligible to purchase the cover, ArgoGlobal said.
Hard to say what if anything is new about this. The limits are pretty standard.