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ARTICLE · 14 DECEMBER 2017

Coverage On The Fly: The Future Of The Insurance Industry

Clyde & Co
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A major issue for both commercial and recreational operators of drones is ensuring they have appropriate insurance coverage.

AustraliaInsurance
Jonathan Wyatt
Jonathan Wyatt
Joel Cockerell
Joel Cockerell
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A major issue for both commercial and recreational operators of drones is ensuring they have appropriate insurance coverage.

Is there a regulatory requirement to obtain insurance?

This issue has become particularly acute in the Australian context, as regulations for remotely piloted aircraft systems (i.e. drones) have been significantly pared back.

Under these pared back regulations, a pilot or operator of a drone:

  1. does not require a licence from the regulator, the Civil Aviation Safety Authority (CASA), where the drone is flown for commercial reasons and the drone is under 2kg, or the drone is flown for recreational reasons. In this case, the pilot will only be able to fly the drone under limited standard conditions which are published by CASA; and

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