UK insure-tech startup Flock has raised £2.25M of seed funding from investors including Anthemis, Plug and Play, Seed and Speed, and London VC Downing Ventures. The company will put the money raised towards expanding its real-time drone insurance platform internationally, as well as adding to its London tech team. Flock’s first product was launched in partnership with … [Read more...] about Flock Raises £2.25m to Help Real-time Drone Insurance Take Off
on demand insurance
Flock Launches Pay-as-you-fly Drone Insurance for Hobbyists
Flock, a UK drone insurance startup, has unlocked its ‘pay-as-you-fly’ insurance and safety smartphone app, Flock Cover, to recreational pilots. Before now the Flock Cover app could only be used by professional pilots and those in training. The move opens up the platform to hobbyists, who can use the mobile app to receive a real-time risk report for their flight, before … [Read more...] about Flock Launches Pay-as-you-fly Drone Insurance for Hobbyists
Who Needs Drone Insurance – and How Much Does it Cost? We Talked to an Industry Leader to Find Out
Drone insurance offerings are everywhere. For many operators, both recreational and commercial, the options are confusing - and expensive. How much drone insurance do you really need? How much should that cost? We talked to an industry leader to find out. Insurance provider Verifly is the world leader in "episodic insurance," which means insurance that covers the exact … [Read more...] about Who Needs Drone Insurance – and How Much Does it Cost? We Talked to an Industry Leader to Find Out
Drone Insurance: On-Demand vs. Annual Policy, Which One is Right for You?
Note: This story has been updated to include more details of Verifly's new product offerings. As thousands of new commercial drone operators enter the market, drone insurance becomes a big issue for many. But what's the right type of insurance for your business? Here's our analysis of the costs and benefits of on-demand drone insurance, like Verifly, vs. an annual policy … [Read more...] about Drone Insurance: On-Demand vs. Annual Policy, Which One is Right for You?