It may seem like a high-flying idea but drones are set to have a major impact on the insurance industry through business practices and new coverage. Mark Mitchell, CEO Asia of Allianz Global Corporate & Specialty, told Insurance Business that drones will be key to the industry over the coming years.
“Drone data could drive the future of disaster response and mitigation,” Mitchell said of the impact drones could have on insurers themselves. “Both underwriting and claims management can be made quicker and more effectively by using such systems to assess risk and survey loss damage.

Read full article here. Source: Insurance Business Online. Image: Shutterstock