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Tokio Marine Kiln online offering now includes drone insurance

  • Publish Date: Posted about 7 years ago

Tokio Marine Kiln (TMK) has begun offering Unmanned Aerial Systems (UAS) insurance on its One TMK digital exchange. The insurer said that this will allow brokers to quote and bind drone insurance policies online in real time from anywhere in the world. It detailed that the product, which features a newly enhanced policy wording, will be available immediately to the global UAS broking community. James Walker, head of aviation at Tokio Marine Kiln said, "UAS, more commonly known as drones, are playing an increasingly important role in the world and they're a class of business we've been pioneering for a number of years. We are delighted to be able to offer efficiencies and cost savings to our clients and broking partners by distributing our enhanced coverage through the One TMK platform." Tom Hoad, head of innovation at Tokio Marine Kiln added, "When we launched our digital exchange, we were adamant that we would have multiple products available with the capability to add new lines of business in an efficient manner. Following the addition of UAS, we'll continue to add relevant products to One TMK that will assist our brokers and clients."