Insurance Company Drones are benefiting us all
The team at Property Casualty 360 has a good article on insurance company drones which I would encourage people to read. The article does a nice job of providing an overview of what a drone is and how it can benefit insurers broadly.
Here is a small portion of the article on insurance drones.
“Currently, the use of UAS in commercial applications is only allowed with an exemption from the Federal Aviation Administration (FAA) under Section 333 of the FAA Modernization and Reform Act of 2012 (FMRA).
The FAA is developing the regulatory framework on a five-year roadmap to safely integrate small UAS into routine National Airspace System (NAS) operations. Under this section, the FAA Secretary can decide whether to grant an exemption if the UAS will not pose a hazard to users of the NAS or pose a threat to the public or national security.
The popularity, use and sophistication of the UAS is increasing at a rapid pace with little compliance or oversight. For example, the manned aircraft industry is subject to standardized design specifications to ensure safe operations while the unmanned industry does not have any design or safety standards. This makes it challenging to apply basic FAA guidelines to the civil UAS industry.”
Interested in topics similar to Insurance Company Drones? Read about Drone insurance.