Insurance for drone flights

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The insurance industry manages GBP 1.8 million of investments in the UK alone. Regular Springwise readers will know that we have covered a number of innovations in the sector recently — this startup offers insurance for every aspect of driverless cars, and this company combines fitness tracking with life insurance to encourage policyholders to stay in good health. Verifly is offering insurance for drones. According to the Federal Aviation Administration, over half a million drones that weigh over half a pound have been launched in the US since December 2015, when registration became mandatory. These are drones used for both…

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