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Bajaj Allianz General Insurance tied up with TropoGo for Drone Insurance

Sumit Arora Published On November 29th, 2021 Leave a comment

Bajaj Allianz General Insurance announced its partnership with deep-tech startup TropoGo for the distribution of a drone Insurance product. With this Bajaj Allianz General Insurance becomes the 4th insurer to offer drone cover. HDFC Ergo was the first insurer to launch a drone insurance cover in June 2020, followed by ICICI Lombard in August 2021, and Tata AIG last month.

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About the drone Insurance:

The drone insurance product will cover Damage to the Drone and Payload it carries Third Party Liability, BVLOS (Beyond Visual Line of Sight) Endorsement, and Night Flying Endorsement.

Important takeaways for all competitive exams:

Bajaj Allianz General Insurance Founded: 2001;
Bajaj Allianz General Insurance Headquarters: Pune, Maharashtra;
Bajaj Allianz General Insurance CEO & MD: Tapan Singhel.

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About the Author

Sumit Arora

Author

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.