Loveland Innovations and Verifly Partner to Bring On-Demand Precision Insurance Coverage to Autonomous Drone Property Inspections - Insurance News | InsuranceNewsNet

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March 29, 2017 Newswires
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Loveland Innovations and Verifly Partner to Bring On-Demand Precision Insurance Coverage to Autonomous Drone Property Inspections

PR Newswire

ALPINE, Utah, March 29, 2017 /PRNewswire/ -- Loveland Innovations®, the maker of IMGING™, the first autonomous drone inspection solution built specifically for insurance, announced today a partnership with Verifly®, the only provider of on-demand, precision insurance policies for drone flights. This partnership will make it easier for adjusters and contractors using IMGING to get the insurance coverage they need to conduct autonomous property inspection using drones. Users can now purchase an insurance policy for a single drone flight with coverage as high as $2.5 million and starting at just $10 an hour.

"Loveland Innovations remains committed to make it as easy as possible for our customers to adopt drone-based technologies for property inspections. This is one more partnership that reflects that commitment," says Jim Loveland, CEO and Founder of Loveland Innovations. "We're excited that our partnership with Verifly will make it easier for adjusters and contractors to get the coverage they need for drone flights they conduct with IMGING."

While drone accidents are rare, it's wise for any commercial drone activities to be responsibly covered. Up until now, there hasn't been a solution that keeps pilots fully covered for individual drone flights, but with the Verifly app, it's easy for a pilot to select their coverage area, how long they need coverage for and see real-time prices for a flight. With a few quick taps, they have an on-the-spot policy that gives them perfect coverage.

"We're proud to be partners with the Loveland Innovations team," says Jay Bregman, CEO of Verifly. "Together, we're going to disrupt the way people think about drones and insurance. Our partnership represents the final step for making drone inspections not only possible, but quick, safe, and insured in the event of an incident."

For more information about IMGING, visit www.lovelandinnovations.com.

For more information about getting insurance for your commercial drone inspections, visit www.verifly.com.

About Loveland Innovations

Loveland Innovations is the first company in the world to develop an autonomous drone inspection solution specifically for—and only for—Property Insurance. Loveland Innovations was built on 150+ years of combined experience in insurance technology solutions with the goal of making insurance claims and underwriting simpler and faster.

www.lovelandinnovations.com

Contact
Justin Strongpr@lovelandinnovations.com

About Verifly

Verifly is the on-demand drone insurance platform for commercial and recreational users. Verifly enables drone operators to insure their operations by the mission. Verifly is backed by leading Silicon Valley investors. The Verifly app is available for download now on the App Store and Google Play.

Contact:

Jay Bregman, CEO
jay@verifly.com

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/loveland-innovations-and-verifly-partner-to-bring-on-demand-precision-insurance-coverage-to-autonomous-drone-property-inspections-300430935.html

SOURCE Loveland Innovations

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