Moonrock announces new cover for ‘Non-Standard’ Drone operations
01 February 2023
Award winning drone insurance provider, Moonrock Insurance, is excited to announce the launch of their new drone insurance product, designed to provide coverage for all non-standard drone operations.
As a result of the exponential increase in requests for insurance for non-standard drone operations; such as Beyond Visual Line of Sight drones (BVLOS), heavy lift drones, swarm displays and crop spraying drones, to name a few. Moonrock have developed a new platform specifically tailored to these types of operations.
To provide exceptional service, Moonrock not only assessed new ways of pricing drone insurance but also explored new insurers. Insurers who were looking to underwrite new risks in this relatively new class of insurance.
Following 6 months of intensive work, Moonrock is delighted to have partnered with Apollo to provide insurance.
“If the drone industry is to unlock its full potential and hit the growth targets estimated to be £45billion by 2030 and upwards of half a million new jobs,” said Simon Ritterband, “then the support and backing from such seasoned aviation insurance professionals, is vitally important.” Ritterband, founder and Managing Director of Moonrock said the firm is excited about the new opportunities that are presenting themselves in the drone market.
Martin Jackson of Apollo shares similar enthusiasm about the drone industry: “the drone industry is an exciting area of innovation that can drive positive change in the UK economy, as well as offering environmental benefits, and is a keen area of focus for the UK government.” Jackson further comments on the “intensive work with Moonrock to create an insurance product that specifically caters for the growth of commercial drones and we are pleased to be leading the way in underwriting this and other new risks in emerging industries.”
Firmly established as one of the leading specialist drone insurers, Moonrock already provides cover to thousands of pilots. Insuring everything from recreational flyers, small commercial operators to large fleets of drones across multiple industries such as film and TV, agriculture and construction.
Moonrock Drone Insurance policies also cover areas previously hard to obtain, including invasion of privacy, worldwide cover and insurance for material damages to equipment and public liability.
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