IRDAI sets-up panel for drone insurance

The Insurance Regulatory and Development Authority of India has set-up a working group to study the insurance coverage around the rising usage of Remotely Piloted Aircraft System (RAPS) or commonly termed as Drones.
The nine-member panel is headed by Anjan Dev, General Manager, New India Assurance Co.
The group has been asked to submit a report within six weeks.
Drones are emerging as one of the fastest growing technologies and are being used for a variety of purposes and were playing a ‘significant’ role in the present Covid-19 situation helping the authorities in several activities.