Drones and the Insurance Sector

Insurance companies worldwide are going to different lengths to assess the claims made for damages.

We have previously mentioned the use of satellite imagery in India for monitoring crop losses, though news this week emerges that insurance companies in Australia are employing new tactics for assessing claims.

Drones are quickly becoming a vital technology for many sectors, but its use within the insurance sector has recently increased. They are allowing insurers to assess claims without having to wait for access to be granted by the local authorities. This is vital as it ensures claims can be assessed more rapidly, which will help to give people the compensation they require, in a far more time-efficient manner than field assessments would allow.

Additionally, drone use allows the assessment to be conducted remotely, preventing the need for humans to access the damaged site directly which is contributing to improved safety. The victims of the damage can also view the damage using these methods, without endangering themselves.

The Insurance Australia Group (IAG) became the first Australian insurance company to use drones in their operations, following the impacts caused by the Victorian Bushfires. The affected homeowners found that the rapid assessment put their minds at rest and allowed them to understand the severity of the problem ‘almost immediately’. The images were then sent to their property repair partner to assess, so that the damage and repair costs could be estimated well in advance.

This news supports the view that drones are becoming increasingly important worldwide. Coupled with satellite imagery, drones can be used to image areas remotely and provide vital information to those who need it. Geocento can provide you with access to both satellite and drone imagery.

If you would like to incorporate imagery into your business operations, please contact us and we can give you access to the data you need.

For more information please visit IAG.

Image Credit: Gizmodo



Post a comment