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March 5, 2014
Insurers Eye Unmanned Earth Observing Aircraft

The insurance industry is looking into using unmanned aircraft for claims applications.

Grant Goldsmith, the president of Overwatch, a provider of high-risk insurance for international contractors, says he has been approached by insurers interested in using drones for claims work.

According to Goldsmith, one company representative approached him, indicating an ex‑military person now employed within the claims department suggested the use of drones after the carrier became overwhelmed with Superstorm Sandy claims.

Jason Wolf, a property defense attorney and shareholder at the Fla.-based firm of Koch Parafinczuk & Wolf, sees drones being used for aerial surveys of property damage to insured roofs.

“You get to see everything,” said Wolf. “You may not even need to go up on the roof. You can see every single inch of the entire property, just with the touch of a few buttons.”

He also expects drones to be used by insurers after a catastrophe.

Image courtesy of Claims Journal.

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