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First insurance coverage for UAVs in Saudi Arabia

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Magazine Issue: 
The pandemic risk, insurers’ future Eldorado [3]
Magazine date: 
Jul 2020

UAVsThe Saudi Arabian Monetary Authority (SAMA) has issued the first insurance product covering the risks of Unmanned Aerial Vehicles (UAVs), commonly known as drones.

The new product covers UAVs approved by the Authority to:

  • Carry out aerial topographical survey operations,
  • Improve geographic information systems,
  • Carry out inspection operations of telecom facilities, industrial entities, power lines, renewable energy units,
  • Take aerial photographs in authorized areas.

Read also | Top 10 insurance companies in Saudi Arabia [4]

Fri, 28/08/2020 - 12:48

Source URL: https://www.atlas-mag.net/en/article/first-insurance-coverage-for-uavs-in-saudi-arabia

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[3] https://www.atlas-mag.net/en/issue/pandemic-risk-future-eldorado-of-insurers
[4] https://www.atlas-mag.net/en/article/top-10-insurance-companies-in-saudi-arabia-ranking-2019