Risk Management

Drone being used on farmland showing how the commercial drone industry is changing agricultural practices

The Commercial Drone Industry – a dive into Agriculture

The commercial drone industry is becoming more and more a part of life for so many businesses. To quote a Techcrunch article to illustrate the point – “The FAA has been registering drones for less than four years and already there are four times as many drones — 1.5 million — on the books as manned …

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Setting up a drone for operation and being careful to avoid drone operational risks

Assessing Risk at Precision Autonomy – The Operational Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make up a …

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An operator is remotely piloting a drone using his phone and controller, which can lead to drone technological risks

Assessing Risk at Precision Autonomy – The Technology Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make up a …

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a man operates a drone, showing the human element in drone operations

Assessing Risk at Precision Autonomy – The Human Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make …

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Airport airspaces impact drone operator liability

A Hypothetical Post-Gatwick Nightmare: A Case Study

Between the 19th and the 21st of December, 2018, some 140,000 passengers and holiday-goers were affected when drone sightings shut down London’s Gatwick Airport. Whilst this caused uproar over drones, particularly around airports, there are some serious implications for drone operators themselves, and a previously unforeseen liability exposure to come from it.

a man operates a drone, showing the human element in drone operations

Drones are Aircraft. Managing the Liability risk should be treated accordingly – part 4: Bringing it all together

This is part four of a four-part series, on drones and their liability implications, shining light on the insurance market, how to navigate the noise, and ensure that your operation is covered for the appropriate risks. See Part one, two or three. Our final instalment brings all three parts together, emphasising the need for managing drone …

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Insuring flying drones with drone insurance brokers

Drones are Aircraft. Managing their liability risk should be treated accordingly. Part 3 – Mitigating risk: Seek out a knowledgeable, tuned in broker

This is part three of a four-part series, on drones and their liability implications, shining light on the insurance market, navigating the noise, and ensuring that your operation is covered for the appropriate risks. Part three discusses the importance of a knowledgeable drone insurance broker. 

Drones being classified as aircrafts makes acquiring drone liability insurance difficult for operators

Drones are Aircraft. Managing the liability risk should be treated accordingly – part 1

This is part one of a four-part series, on drones and their liability implications, shining light on the insurance market, and how to navigate the noise, and ensure that your operation is covered for the appropriate risks. Part one focuses on the complexity of acquiring the correct drone liability insurance.  As drones continue to prove …

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