For Immediate Release:
January 28, 2020, Mumbai:
Tata AIG and DFI have collaborated to create world-class insurance products and services for the Drone Industry.
The Drone Federation of India (DFI), a not-for-profit industry-led body that strives to build a safe and scalable unmanned aviation industry in India, recently organised the Drone Festival of India on 6th and 7th January 2020 at New Delhi.
Tata AIG General Insurance Company Limited (Tata AIG) was the insurance presenter at the festival and showcased its readiness to cater to the insurance and risk management requirements of drone manufacturers, suppliers, buyers, owners and operators.
Mr Sushant Sarin, Executive Vice President & Head Reinsurance, Tata AIG, said, “DGCA regulations make insurance mandatory during operation of remotely piloted aircraft systems. Our collaboration with DFI to launch tailor-made insurance products for drone operators, subject to necessary approvals from insurance regulator, furthers our mission to create a better tomorrow for our customers by delivering innovative risk solutions.”
“With the government taking active steps to support drone manufacturing and drone operations in India, we will soon see proactive usage of drones in activities like mining, construction, surveillance, transport, fire-fighting, law enforcement, agricultural and topographical data acquisition, insurance assessments, media and entertainment,” said Smit Shah, Director – Partnerships, DFI.
“Our association with Tata AIG will help create insurance solutions for the Drone Industry thus operationalising a very important part of the Civil Aviation Requirements for RPAS as mandated by DGCA India ” added Shah.
About Drone Federation of India
The Drone Federation of India (DFI) is a non-government, not-for-profit, industry-led body that strives towards building a safer and scalable unmanned aviation industry in India. DFI engages with Thought Leaders, Industry Experts, Visionaries and Policymakers to share their expertise and build a sustainable UAV Industry in India.
Director – Partnerships
Drone Federation of India