16 March 2017Insurance

Lloyd’s Market Association calls for drones legislation

A primary UK legislation should be introduced for drones to ensure a framework on which insurers could base their products on, according to the aviation committee of Lloyd’s Market Association (LMA).

The committee said in response to the Department for Transport’s consultation that the "legislation would be necessary in order to align the regulation of drone operation with those of manned aircraft."

It also suggested that a tiered knowledge and testing based system be developed to ensure continued high safety standards. This would allow insurers to smoothly transition between manned and unmanned aircraft systems.

In addition, the LMA aviation committee said that it also supports "the provision of regional testing site for drones in response to the rapid increase in drone usage; the introduction of new competency standards and qualifications, similar to driving licence testing, to ensure common safety standards and; tailoring insurance requirements to reflect the risk profiles of different commercial uses."

The Department for Transport had issued the 'consultation on the safe use of drones in the UK' to seek industry opinion as to how government policy, regulation, safety and operations of drones should be managed in the future.

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More on this story

Insurance
21 April 2017   Swizerland-based property and casualty re/insurer Allied World Assurance Company Holdings has included drones services to expand its risk management offerings.
Insurance
29 November 2017   Proposed legislation to place new responsibilities on drones weighing more than 250g - such as mandatory registration of the individual and required safety awareness tests - is due be published in spring 2018.