By the minute drone insurance.
Insuring IoT that moves. Real-time.
Pay as you Go
By the minute drone insurance
For insurers and financing companies
capturing premium by the minute
Providing insurers with the platform and data intelligence to offer commercial drone operators ‘pay as you go’ insurance by the minute
accelerating claim payouts
Claims intelligence improves the speed of paying claims. Through our platform, partners have paid claims in as little as 13 hours rather than 35+ days
managing many small policies
The insurer portal provides unique data insights, critical metrics and dashboards to assess portfolio risk and profitability.
It also removes the high expense ratio of managing many policies through digital transactions
working with brokers
pay.per.cover gives the option to provide both a direct and a broker solution
financing and leasing solutions
pay.per.cover provides insurance cover aligned with lease terms. It delivers additional data intelligence to assess financing applications. Usage based data can be used to calculate residual values like an ‘odometer’ for drones
Free up cash flow for your business by paying for the exact amount of minutes you fly.
Annual ground coverage protects against risk to assets while not in flight.
For a low base rate, you can insure assets on the ground to protect against risks related to public liability and accidental damage.
Operators download the pay.per.cover iOS app to activate full flight liability cover.
This protects operators against risks while in flight such as any damage to your equipment or 3rd party liability risk.
How to activate
Plan and assign missions to in-field pilots via the iOS app. Flight data is captured and synced to the cloud for faster insurance processing.
Swipe to purchase
At point of flight cover has never been so simple. Just review the details in the iOS app before flying and swipe to activate.
Speed up the insurance process with handy features like auto-adding assets and pilots to policies.
Click to claim
Experienced an incident while flying?
Simply flag the flight status as ‘Incident’, take photos of the damage, and Click to Claim in the app. This creates an automated report to insurers for faster claim payments.
Manage your fleet and your business
pay.per.cover goes beyond insurance solutions.
Manage missions, customers and contracts, assets, pilot performance, and even easily invoice DaaS operations.
With data intelligence, enterprise operators can optimize missions and view key flight data for invoicing or analysis.
Contact us to get started
Precision Autonomy PTY LTD is not an insurance carrier. Precision Autonomy works as an agent of QBE Australia to offer insurance cover on the pay.per.cover platform. This offer is only available for operators in Australia with a valid ReOC; terms and conditions apply.
Pay how you Go
Insuring IoT that moves. Real-time.
Unmanned Transport Robotics + IoT
We have real world insights from our ‘pay as you go’ drone insurance. We plan to enable profitable dynamic insurance and finance pricing for IoT that moves, and embed that into digital distribution transactions globally.
Making sense of unique usage data
Our underwriting experience allowed us to create risk pillars to organize usage data for more accurate real-time pricing of IoT things that move.
Our patent-pending real-time data ingestion design goes beyond telematics, using edge computing and stream processing to capture relevant data.
‘Pay how you Go’ insurance
Every risk has a price.
With augmented machine learning behind our multi-dimensional risk framework and algorithms, we provide intelligence for building a profitable risk portfolio.
APIs for the autonomy economy
Our APIs allows insurance to be embedded within day-to-day digital transactions, so end customers are automatically protected at the point of purchase.
Scale distribution know-how
What’s different about us is our founders have scale distribution know-how and the partnerships to embed our solution into digital transactions, so insurance becomes ‘invisible’ in the consumer experience.