Drones in the Insurance Industry: Potential Liabilities for Insurers

CHRIS PIWINSKI | November 15, 2018

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In a survey of risk managers, 46% said they will be considering the use of drones within their own businesses in the next year, with 7% already using drones in business operations. Today, more than 100 insurance companies have received approval from the Federal Aviation Administration (FAA) to test drones for various commercial purposes in the U.S. But as drone use increases, drone-related claims in the insurance industry are also expected to increase. Today’s drones are providing insurers with a wide range of capabilities, allowing companies to innovate in ways they never thought possible. But in addition to the benefits, drones also present a variety of potential risks and exposures. Here, we’ll look at primary drone liability concerns facing insurers.

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