Aviabel launches new insurance product for UAV
Unmanned Aerial Vehicles (U.A.V.) operated for commercial purposes are a new and definitely booming activity in the aviation sector. Since regulations are put in place imposing standards for the use of U.A.V., standards for the people flying the equipment and certification for the equipment, Aviabel has developed its U.A.V. insurance policy.
These spider-like camera carriers are used for a number of operations which until recently could only be done with manned aircraft. U.A.V use qualitative aviation materials which ensure reliability. They are capable to perform in difficult situations.
U.A.V.'s can be very rapidly deployed. Their photo and/or video capability allow quick assessment of a situation without putting persons at risk. They can be used for managing disasters, such as floods. They are used by police forces for crime scene investigations or crowd management. The HD video equipment allows fire patrol to put personnel and equipment in the right place. Pipelines and electric tension lines can be inspected easily by using the video equipment of a U.A.V. U.A.V. can help moviemakers to film a scene from the right angle without having to use expensive elevators. U.A.V. offer a simple solution for easy news gathering.
No doubt that the use of U.A.V. will continue to expand when they will be used for other purposes than video and filming. A U.A.V. has recently been successfully tested as cargo platform to bring a defibrillator to a patient.
The success of U.A.V. in commercial operations can also be explained from a cost perspective. This equipment can be purchased and operated for a relatively low cost. No fuel, low maintenance costs are factors which contribute to the success of this new aviation activity.
There are nonetheless some hurdles which refrain this operation to become a day to day instrument. Regulatory environment has only been very recently put in place or is still missing in some countries. Even if the U.A.V. is unmanned, a remote pilot is needed and this pilot needs specific training. Most of the time people using this equipment are specialists in the field of filming. U.A.V. needs specialists combining the knowledge of using camera material and piloting.
Commercialization is only possible with a correct insurance and insurance is only possible when underwriting standards are met.
Since regulations are put in place imposing standards for the use of U.A.V., standards for the people flying the equipment and certification for the equipment AVIABEL has developed its U.A.V. insurance policy.
The policy covers physical damage to and theft of U.A.V. with a maximum weight up to 25 kg and includes in flight cover for electronic and camera equipment. The operator and the pilot are covered for third party legal liability.