Underwriting Bulletin: Insuring Drones for Aerial Spraying & Reinsurance Eligibility Guidelines
Market research and surveys indicate a growing interest in the use of drones for aerial spraying within the farming community. This signifies an expanding market for drone insurance coverage – and a corresponding need for carriers to proactively establish underwriting strategies for the sector.
This AmericanAg® Underwriting Bulletin provides guidance to help the Farm Bureau® insurance companies navigate this emerging risk landscape. It also provides clarification about our reinsurance appetite and eligibility criteria for aerial application exposures.
Authors
Lorie Graham
Senior Vice President & Chief Risk Officer • Corporate Services
Shariq Shafi
Director of Reinsurance Underwriting • Corporate Services