Archive for the ‘UAS / UAV Insurance’ Category
Over the last two years, several new rules for commercial operations have been introduced by the Federal Aviation Administration (FAA) as part of the long-term aim of integrating drones into the National Airspace System (NAS). The changes center around the authorization of some limited small Unmanned Aircraft System (sUAS) flights over people and at night without a waiver and the introduction of remote identification (remote ID). These changes are all based on Part 107 and do not amend any other operating requirements.
When considering the challenges of realizing the goal of flying taxis and personal commuting aircraft, thoughts of airspace management, aircraft certification and operational safety may immediately spring to mind.
Parachutes can make drone operations much safer, but there is an upfront financial investment. While they are an optional safety feature for low‐risk flight operations, they can be essential in more-challenging environments.
From participation in safety programs to encouraging interest in aviation and educating the next generation of industry professionals, the sharing of knowledge is essential to everyone involved in aviation. For that reason, Global Aerospace has developed or supports several programs designed to advance the industry and also make it easier to obtain aviation insurance.
2021 has seen two of the biggest advancements in drone regulations in the US since June 2016, when 14 CFR Part 107 was introduced. While the Federal Aviation Administration (FAA) has issued numerous waivers for flights that go beyond the scope of Part 107, as it is colloquially referred to, there have been no widespread changes to the rules for almost 5 years, despite pressure from those seeking to maximize the opportunity of drone technology.
Drones are classified as aircraft by the FAA and equivalent regulatory bodies around the world. Because aviation or aircraft exposures are typically excluded from general business or homeowner’s policies, it is important to fully understand your insurance and risk management options to protect yourself appropriately.
The use of unmanned aircraft systems (UAS)—by both professional operators and hobbyists—continues to grow rapidly. With that growth comes an increase in aviation and non-aviation hazards. The potential for collisions…
Technology drives the aerospace industry to new efficiencies and is reshaping future air mobility. Advances in technology can bring new risks, and aircraft builders as well as the associated supply chain rely on aviation product liability insurance to support their efforts by protecting them when something goes amiss.
It is hard to read an aviation journal these days without being left with the distinct impression that electric power plants and autonomy are poised to become ubiquitous in aviation….
Aviation insurance is a product that is absolutely crucial to aircraft owners and pilots, but may be confusing. Ensuring that you have the right insurance requires that you understand the…