Drones in insurance: taking off (pun intended)

A number of insurers in the US have been using drones for claims related evaluations. Most recently, Allstate has indicated an interest in developing drones for reviewing catastrophic claims. Drones are particularly useful to “quickly inspect areas that are inaccessible by ground, speeding payments to customers”. A Property Drone Consortium (including insurance carriers, construction industry players and the Insurance Institute for Business and Home Safety) is participating in R&D and the establishment of regulations for the use of drones for both the insurance and construction industries. In insurance, drones have numerous claims and underwriting related applications.

Photo : Insurance Journal.

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