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Singularity Package
One Package.
Lots of Coverage.
Lots of Coverage.
Protect your company with a specialized
all-around liability package.
all-around liability package.
Singularity Package is
Your Advantage
Your Advantage
Singularity Package is an integrated liability insurance policy engineered for developers, operators, and service providers. This package minimizes coverage gaps and offers highly competitive rates.
Technology Errors & Omissions Our Robotics Technology E&O protects your company from deployment-specific accidents. We cover third-party bodily injury and property damage from your robot fleets, including liability from software and hardware-related issues.
Cyber Liability Cyber Liability protects your company from rogue hacks affecting robotics operations. From central command to individual units, we cover losses so you can build market confidence in your products and services.
Product Liability Product Liability protects your company from product defects that result in accidents following the transfer of ownership of the robots to your customers. We cover a variety of situations, from hardware design errors to software development issues.
General Liability General Liability protects your company from accidents and injuries on your premises, such as company offices, development labs, manufacturing facilities, and test fields.
Why Choose Singularity?
Get complete peace of mind for yourself
and your customers.
and your customers.
Fit-For-Purpose
Coverage
Superior Rates
Get insurance benefits by sharing your data through the platform.
Short Quote
Turnaround
Problem
Despite existing models, the technical attributes of automated systems often lower risk compared to human activities. However, insurance companies are unable to identify and capture the right data to highlight this differential. That is exactly what we deliver.
We engineer our insurance products for the world of automation. We incorporate vehicle specifications, performance metrics, safety engineering, and operating domain attributes. This gives us a much better ability to price risk, which we pass on to our customers through better products and services.
That is why we are the new status quo. Read More
The mispricing and underservicing of robotics-based risks is significant. Customers could be overpaying tens of thousands of dollars for policies that might not even pay out. We know how complex, challenging, and broken the system is first-hand.
Traditional insurance companies use actuarial rates and underwriting methods that were developed years ago. They remain focused on human error distributions for things like reckless driving, on-premises negligence, and professional services mistakes. Over time, the human nature of risk has shaped insurance rates and coverage levels. Automation counters this human-centric risk model, which poses unique challenges for traditional insurers. In this novel environment, exposure comes from software-defined operations in constrained operating domains. As a result, companies developing or deploying automated systems often get underinsured and mispriced.Despite existing models, the technical attributes of automated systems often lower risk compared to human activities. However, insurance companies are unable to identify and capture the right data to highlight this differential. That is exactly what we deliver.
We engineer our insurance products for the world of automation. We incorporate vehicle specifications, performance metrics, safety engineering, and operating domain attributes. This gives us a much better ability to price risk, which we pass on to our customers through better products and services.
That is why we are the new status quo. Read More
We struggled to explain our technology to traditional insurance companies, and we couldn't get covered on time. Working with Koop was a great experience — they quickly got us the right policy!
Bovi Farming Logistics
Koop looked deeply into our autonomy stack, safety practices, and use case to provide us with competitive coverage. We like their focus on robotics and look forward to scaling with their insurance!
Burro Agricultural Robotics
We have a unique use case, so we need an insurance provider that understands robotics. Koop has become our go-to insurance partner as we scale our business!
Electric Sheep Industrial Automation
We were afraid that insuring our autonomous delivery bots would be a painful process, but Koop helped us without any problems. We are very happy to work with them!
Ottonomy Autonomous Delivery
Besides the great drone coverage we got with Koop, they also provide excellent customer service! If anything comes up with our drone operations, we know we can rely on them!
Paladin Drones Security Drones
Our company is rapidly growing in the automated delivery and vending markets. Koop got us everything we needed to support this growth. I highly recommend working with them!
Tortoise Autonomous Delivery
We work with the world’s premier insurance partners
FAQ
What is the Singularity Package?
The Singularity Package is a comprehensive form of liability coverage that protects developers, operators, and service providers from multiple risks at once. Essentially, this package is a combination of General Liability, Technology Errors & Omissions, and Cyber Liability tailored to companies in the robotics space. Sign up today to get a quote!
Who is eligible for the Singularity Package?
The Singularity Package is perfect for most operators, from start-ups looking to pilot a single on-site robot to multi-million-dollar operators with hundreds of robots deployed. Learn more about the industries and use cases we cover here.
How does it differ from other coverages?
With the Singularity Package, you don't need multiple policies from different insurance providers. This helps you avoid overlapping coverage and unnecessary expenses. This package has all the convenience of a combined policy, and it uses actual robotics language to avoid claim payout ambiguity. Thanks to our proprietary pricing plans, we offer more competitive rates than other providers.
How can I get a quote today?
There are two ways to get a quote today. Either follow this link to sign up for the platform, or let your broker know about us right here. If you’re unsure about how to proceed, our team of insurance specialists is happy to assist you!
I have existing policies but would like to switch. How can I do that?
It is simple. You can renew with us once your current policy lapses or cancel your existing policy immediately. Please get in touch with your broker if you want to cancel your current policy. Your broker can assist you by getting a quote from us, or you can get a quote yourself right here
Get Covered with Singularity Package
Technology E&O
Cyber
General Liability
Comprehensive liability coverage for developers, operators, and service providers. Powered by unparalleled technology and industry expertise.
