Allianz Global Corporate & Specialty Announces Partnership With ParaZero
Specifically, ParaZero’s drone safety system, SafeAir™, uses an onboard computer paired with a pyrotechnic parachute launcher to enable deployment in fractions of a second upon flight malfunction. The safety package monitors key flight parameters and when critical failures are identified, a parachute and audio warning system are triggered to help protect not only the drone and the weight it can carry (payload), but also vulnerable bystanders in the area.
According to the
“AGCS recognizes the incomparable value that ParaZero brings to the table in an effort to carefully manage risks involved with the operation of drones,” commented Aviation Practice Leader and drone expert
The ParaZero SafeAir™ recovery system has been proven to be effective across a large spectrum of emergency situations. Upon identifying flight malfunction, it deploys a parachute, stops the rotors, reduces drone speed and emits a loud notification sound to alert bystanders of the aircraft’s controlled descent; for example, the rapid descent of a large 750 lb. (350kg) drone could be stopped in approximately 30 feet (10 meters).
“Commercial drone use is getting more creative than ever before,” stated ParaZero CEO,
“Most accidents occur when a drone loses power or experiences critical flight breakdown and a pilot is limited in their options to prevent damage to the craft, surrounding area and people on the ground,” added Van Meter. “This forward-thinking partnership exemplifies our commitment to safety, client satisfaction and the exponential growth of the UAS industry.”
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Worldwide, AGCS operates with its own teams in 34 countries and through the
AGCS SE is rated AA by Standard & Poor’s and A+ by
For more information please visit www.agcs.allianz.com or follow us on Twitter @AGCS_Insurance, LinkedIn and Google+.
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