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A premium flight path: Insurers spot a lip-smacking business in drones

As drones get cheaper and become more popular among civilians and commercial enterprises, the associated risks such as collisions, system failures, and breach of privacy will grow. And wherever there is risk, the first ones to sense a big opportunity are insurance companies.
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kumud-das
21 Jun 2019 8 Mins Read 0 comment
Experts believe that the rising adoption of drones will open up a promising market for insurers. Getty Images
Experts believe that the rising adoption of drones will open up a promising market for insurers.
"Where’s my pizza? It’s more than half an hour," you demand – hungry, frustrated after returning home through the evening rush. The operator apologises and informs you that the pizza cannot be delivered on time because of heavy traffic. “Cancel my order then,” you say with a stony resolve and hang up. That’s a present-day urban India
test and register drones of a certain size. These are still young days and regulations are evolving alongside the market. Insurance companies are clearly seeing brighter days ahead when drones go way beyond shooting wedding videos. But a strong business case can only be made when they become part of our everyday life. ( Graphics by Sadhana Saxena)
"Where’s my pizza? It’s more than half an hour," you demand – hungry, frustrated after returning home through the evening rush. The operator apologises and informs you that the pizza cannot be delivered on time because of heavy traffic. “Cancel my order then,” you say with a stony resolve and hang up. That’s a present-day urban India test and register drones of a certain size. These are still young days and regulations are evolving alongside the market. Insurance companies are clearly seeing brighter days ahead when drones go way beyond shooting wedding videos. But a strong business case can only be made when they become part of our everyday life. ( Graphics by Sadhana Saxena)

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