Gartner Research

The P&C Insurance Industry Nears a Tipping Point on Drones

Published: 27 September 2016

ID: G00313178

Analyst(s): Jeff Haner

Summary

Advancing technology and regulatory frameworks have lowered barriers for the use of drones within P&C insurance. It is time for insurance CIOs to look beyond experimentation and prepare for mainstream adoption of drones.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Advances in drone technology present insurance CIOs with compelling use cases for drones in underwriting and claims management
  • Maturing regulatory frameworks across major insurance markets have reduced uncertainties and ramp-up costs that insurance CIOs face in their drone initiatives
  • Digital business scenarios that rely on the use of drones in concert with other Internet of Things (IoT) devices will lead insurance CIOs to merge drone deployment into their IoT adoption strategies

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