Acend Inc., an insurance and technology company, and Liberty Specialty Markets, part of Liberty Mutual Insurance Group, are teaming up on a new drone insurance platform, DroneInsurance.com, the companies said.
By replacing paperwork and complexity with data-driven automation and user control, DroneInsurance.com is a platform that makes buying drone insurance easy to understand and convenient to purchase online.
DroneInsurance.com is the first of several online products to be launched by Acend, Inc. that focus on the intersection of insurance and autonomous vehicles.
Boston Massachusetts-based Acend is an insurance technology company. It is bringing insurance tools to leverage artificial intelligence that are designed around delivering policies and rapidly managing claims for autonomous vehicles including driverless cars, robots and drones.
Liberty Specialty Markets offers specialty and commercial insurance and reinsurance products across UK, European, Middle East, US, and other international locations. It has approximately 1,000 employees in 22 offices.
Boston Massachusetts-based Liberty Mutual is a diversified insurer with operations in 30 countries and economies around the world. As of December 31, 2016, Liberty Mutual had USD 38.3bn in annual consolidated revenue. The company employs more than 50,000 people in over 800 offices throughout the world.