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Drone technology is anticipated to have a $6.8 billion impact on the insurance industry.

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In the United States, Allianz Global Corporate & Specialty has been writing coverage for drones, or UAS’ (unmanned aircraft systems), as they are more technically called, since 2006.

They began by writing aviation products liability coverage for UAS manufacturers and component manufacturers. This coverage was for those creating or manufacturing blades, motors, electronics and other component parts, as well as products liability for the entire aircraft system.

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