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Bajaj Allianz General Insurance tied up with TropoGo for Drone Insurance

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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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