Hunt Valley, Md.-based All Risks Ltd., which touts itself as the largest national independent wholesale brokerage firm, has partnered with Prospect Insurance Brokers Ltd., a Lloyd’s of London broker providing specialist unmanned aerial vehicle (UAV) insurance for manufacturers and operators.
The program, UAV Protect, offers an insurance package for commercial users of UAVs. Through the partnership, All Risks will offer the product in the U.S. to retail insurance agents nationwide.
All Risks says the program offers commercial entities the following coverages: hull and liability, personal accident cover for the crew, general liability, theft, cyber liability, and privacy and trespass insurance.
Good plan that will require a lot of education at the local level. Smart that they are offering cover for cyber risks.