Tata AIG General Insurance Company Limited announced the launch of Remotely Piloted Aircraft System (RPAS) insurance and distribution tie-up with deep-tech startup Tropogo. Tropogo has established an integrated marketplace that provides a one-stop shop for the entire drone ecosystem.
According to the press release, “Tata AIG has been at the forefront and closely associated with the Drone Federation of India to understand the different types of risks faced by drone owners and operators. Tata AIG’s RPAS Insurance is a comprehensive product covering both resolved and third-party liability risks. Tata AIG’s RPAS Insurance also provides optional coverage for BVLOS operations, night flight, data loss liability, etc.”
With the influx of new and exciting drone technologies and recent policy changes in India, the already highly active community of drone manufacturers, tech startups and enthusiasts are excited to make India a drone hub by 2030.