Using our Drones and experienced team can provide detailed aerial images that will help insurance adjusters inspect properties faster and more safely, which can speed up time-consuming claims while reducing risks to personnel.
Insurance claim investigations can be a lengthy process. Especially if the areas that were damaged are in hard to reach places. The added benefit that drone surveillance can bring to the table, is there’s almost no place a drone can’t access. Drones can provide insurance companies a way to assess damaged areas such as large crop fields, roofs after a hail storm, property after a tornado, and much more. Accessing the area with a Drone allows insurance claims adjusters the ability to survey damaged areas in real time, plus save the video as evidence should further issues arise.
DRONES AND THE CLAIMS PROCESS
Customer experience is paramount and the ability to shorten the claims timeframe is a crucial part of maintaining competitiveness in the insurance industry. Today, one claims adjuster on site with a drone operator can set up an automated flight plan around multiple insured locations; evaluate the properties using sensors; and capture images. Drone usage is predicted to make claims adjusters workflow 40 to 50% more efficient. Drones can improve the speed at which customers receive settlements and give claims managers a better sense of where and how many staff should be deployed. There is also less risk involved for claims adjusters, who no longer need to climb ladders or go on roofs to assess damage; by using drones they can remain in a safe area during their assessments.
PRECISE RISK MANAGEMENT
One way insurers stay competitive is through policy pricing. Drones can be used to collect information about a property before a policy is issued by capturing data on property features that make it less vulnerable, such as storm shutters. This can facilitate personalized premiums. After all, insurance is all about measuring risk and accurately pricing it.
Aerial imagery taken by drones delivers larger quantities and enhanced quality of data from which to develop catastrophe model components and inputs for analysis. For catastrophe model developers and users there is mutually beneficial interplay between model development, engineering analysis, and exposure and claims data quality.
LOSSES FROM FRAUD
According to the Insurance Information Institute, fraud compromises about 10% of property and casualty insurance losses and loss adjustment expenses annually, which translates to about 32 billion dollars each year. In addition, 57% of insurers predict an increase in this type of fraud by policyholders. How can drones lower the amount of loss from fraud? After an extreme event, it is common for insurance companies to receive numerous claims for damages that existed before the event occurred. By using Drones prior to an extreme event to capture images of insured properties, companies can protect themselves from such fraudulent claims.
HOW IT WORKS
Contact us here and we will get the ball rolling. Once you have made contact, we will send you an asset information form so we can plan the data aquisition of the asset. Once we receive this asset form back from you, we will review it. We will then schedule the job if there are no further questions. Once data aquisition is complete you will be notified and provided a link for the digital download.