SINGAPORE, Oct. 28, 2024 /PRNewswire/ — Peak3, a leading insurtech company headquartered in Singapore, has entered into a partnership with DJI, a global leader in drone manufacturing, to expand DJI’s agricultural drone insurance program in Thailand. announced a strategic alliance. This collaboration marks a major step forward in promoting smart agricultural technologies across the region.
Under this new partnership, DJI will provide comprehensive drone hull insurance and cost-effective third-party liability insurance for agricultural drone purchases. Peak3 streamlines the customer journey through its SaaS technology platform and insurance expertise, working with DJI to reduce claims costs by 20% to 30% compared to industry standards. Bangkok Insurance underwrites coverage and guarantees customers reliable protection.
This initiative represents a major step forward in driving smart agriculture innovation across the region while strengthening farmers’ financial resilience. Given that agricultural drones require a large upfront investment, incorporating accidental damage insurance can reduce financial risk and provide peace of mind to farmers.
Since the launch of its agricultural drones, DJI has sold hundreds of thousands of drones around the world, including Thailand, Brazil, the United States, Mexico, Vietnam, and Indonesia. These drones allow farmers to increase efficiency, save resources, reduce emissions, and increase yields, contributing to more sustainable farming practices.
This partnership is an example of delivering environmental and social benefits through innovative technology and insurance solutions. As DJI continues its growth journey, Peak3 leverages its extensive international network and advanced insurance technology to facilitate similar opportunities in other markets, while strengthening DJI’s expansion and leadership in the global agricultural drone business. We are striving to strengthen the
For more information about Peak3, please visit www.peak3.com.
For more information about DJI Agriculture, please visit www.ag.dji.com.
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