– June 29, 2020 Drones are among the high-growth technological innovations and are being considered to meet varied requirements. In June 2020, the Civil Aviation Ministry proposed in the draft rules that manufacturing or importing entities can engage in the sale of such devices only to the entity that is approved by the Directorate General of Civil Aviation. Now, the Insurance Regulatory and Development Authority of India (IRDAI) has set up a panel to discuss insurance products that can cover risks associated with drones.The apex insurance body has asked the appointed panel to analyse the insurance requirements of titleholders and operators of Remotely Piloted Aircraft System (RPAS). Recommendations concerning Third-party Liability are also being sought. The recommendations are not only restricted to the above-mentioned points but also involve underwriting, reinsurance, and other relevant topics. The nine-member appointed panel is expected to submit their report within a timeframe of six weeks.