UK drone insurtech lands deal with Sompo International

UK insurtech Flock has entered into a partnership with insurer Sompo International to support the carrier in providing cover for commercial drone operators.

Flock specialises in data-driven insurance solutions for drones and already protects thousands of pilots across the UK and Europe.

Julian James, CEO of international insurance at Sompo International, said: “At this time of significant change across the business landscape, insurers, brokers and disruptors need to work together to develop innovative responses to a raft of emerging and evolving risks.

“Drones have multiple applications and are set to transform a range of industries from e-commerce to risk management and crisis response.”

Ed Leon Klinger, CEO of Flock, added: “By combining Flock’s data-driven approach to risk with Sompo International’s significant expertise and established global distribution networks, this partnership marks an important milestone in the evolution of drone insurance globally.”

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