APRIL 15 2015
AIG's Unmanned Aircraft Insurance has won a 2015 Business Insurance Innovation Award! As Business Insurance noted in announcing the honor, AIG was crafting this policy long before the Federal Aviation Administration issued its recently proposed rules for drones. And Lexington Insurance Company was right there ahead of the curve as well, launching endorsements for our Public Entity Retained Limit policy, and our General Liability and Umbrella policies. The endorsement is capable of extending this specialized coverage to various industries using unmanned aircraft, including public entities, higher education, real estate, agriculture, oil and gas, transportation, and construction.