Bajaj Allianz General Insurance tied up with TropoGo for Drone Insurance

Sumit Arora Last updated on November 29th, 2021 03:53 pm 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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Sumit Arora

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As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.