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Against a backdrop of pending regulation for drones in the UK, Graeme Anderson and Andrew Chadwick from Frazer-Nash Consultancy talk to Intelligent Insurer about how modelling tools can help insurers understand the risks of drone impacts.
Drones have rocketed in popularity over the past decade with the use of both commercial and leisure drones taking off. Analysts are predicting that there could be more than 67 million shipments of drones—or ‘unmanned aerial vehicles’ as they’re also known—by 2021.
Andrew Chadwick from Frazer-Nash Consultancy argues that their increase in popularity has had three main drivers: usability, usefulness and cost.
“They are relatively easy to operate, have an increasing variety of applications, from aerial search and rescue to security monitoring, and the basic models are relatively affordable. Plus, of course, they’re fun,” he says.
Graeme Anderson, Andrew Chadwick, Frazer-Nash Consultancy, Risk modelling, Technology, Cyber security, Global