Drones are being used by South African insurance companies to inspect claims made by customers according to the South African comparison website, Hippo.co.za. Drone use within companies has grown exponentially over the last few years due to the lower costs and improved technologies.
Insurance Stories January 13
Insurance Stories August 22, 2019
Drone U Flight Mastery graduates receive lower drone insurance rates from SkyWatch.AI. This means that if you successfully graduate from the Drone U Flight Mastery training course you will receive a 15% discount on any SkyWatch.AI insurance policy. However, it doesn’t stop there. If you increase your safety score through the SkyWatch app you can increase your discount even further.
Insurance Stories January 8, 2019
State Farm is the first company in the U.S. that has been granted a waiver by the Federal Aviation Administration (FAA) to conduct drone operations over people (OOP) and flights beyond the pilot’s visual line of sight (BVLOS) for catastrophic assessments through November 2022. Previously, State Farm was only allowed to use drones for damage assessment for short periods in specific areas that were impacted by hurricanes.
Insurance Stories October 3, 2018
Kittyhawk raises $3 million to expand drone operations for insurance companies
Kittyhawk raises $3 million to expand the company’s commercial drone operations for insurance inspections. The funding round was led by strategic investor Travelers, a home and property insurance company. After hurricane Matthew, a storm that killed 25 people in North and South Carolina and resulted in $10 billion worth of damage, Travelers began using Kittyhawk. Today the insurance company uses more than 600 insurance agents who are also FAA licensed drone pilots.