moonrockinsurance

Moonrock Insurance is a specialist insurer for drones and other unmanned aircraft. It works as a managing general agent, which means it designs and sells cover on behalf of insurance backers. The company says it was founded to close an insurance gap facing commercial drone operators and operators in new areas of aviation.

Its cover is backed by Lloyd's of London and by large reinsurers. The site says the company is regulated by the FCA and licensed across the globe under Lloyd's. It states that it supports operations on six continents, from urban delivery to remote surveillance.

Moonrock sorts its products by type of customer. Complex Risks covers specialized, experimental and autonomous operations. Broker Led gives brokers access to underwriting partners and a digital platform. Commercial cover includes hull and liability protection for inspection, filming and farming work. Hobbyist policies are for weekend creators and recreational flyers.

The company says it builds policies from the ground up for unmanned flight instead of adapting older products. It looks at how, where and under what rules a customer flies. It also uses flight data to help clients reduce risk and lower premiums over time. Claims are handled by staff who know drone hardware and software failures.

The site lists liability cover of more than 100 million dollars and hull cover of 22.5 million dollars. It also works with regulators such as the CAA, the FAA and EASA on rules for beyond visual line of sight flight. The team includes a founder and managing director, a chief operating officer, underwriters and an account manager. The website has a contact form, a phone number and a link to make a claim.