Recently, we attended the Property Insurance Report National Conference (PIR) in Scottsdale, Arizona. One of the standout sessions from this year’s conference was Stephen Schultz (Chief Technology Officer of Pictometry), who pitched the use of aerial drones in the insurance industry.
Drones, or unmanned aerial vehicles (UAVs), have begun to leave a footprint on a national and international scale in recent years. From filming the FIFA World Cup just above the field to producing vivid images of disaster-struck areas, drones have a multitude of potential uses that have just begun to be revealed. One could argue that this is good news for the insurance industry as it could potentially streamline and improve the efficiency in the claims and underwriting processes.