Industrial chain expansion: China accelerates exploration of drone insurance market

The aviation and aviation insurance company Allianz Global Enterprise and Special Risks recently released the report "The rise of drones: Managing the unique risks associated with drones," and reminded that in order to ensure the safe operation of drones, drones need to be systematically Registration and sound education and training for operators. In this regard, the domestic insurance industry began to explore drone insurance in specialized areas to deal with the hidden dangers of agricultural drones' after-sales risks.

In recent years, with the development of UAV technology and the rapid increase in public acceptance, UAVs are being used by millions of people for industrial inspections, aerial photography, border patrols, emergency transportation, crop surveys, or just entertainment. The popularity of man-machine or drone systems.

However, as more and more drones fly in the sky, a series of security risks also arise, such as collisions, cyber attacks, and even terrorist acts. The aviation and aviation insurance company Allianz Global Enterprise and Special Risks recently released the report "The rise of drones: Managing the unique risks associated with drones," and reminded that in order to ensure the safe operation of drones, drones need to be systematically Registration and sound education and training for operators. In this regard, the domestic insurance industry began to explore drone insurance in specialized areas to deal with the hidden dangers of agricultural drones' after-sales risks.

Use more security risks

As drones have become smaller, more affordable, easier to use, and countries such as the United States have modified regulatory regulations, such as lowering access thresholds, the development prospects of civil drones are bright. According to the Federal Aviation Administration of the United States, by the end of 2016, there will be more than 600,000 drones used in commercial scenarios in the United States. This is three times the number of registered manned aircraft. In addition, 1.9 million UAVs are expected to be used for entertainment purposes.

Globally, the drone market is expected to reach more than 4.7 million units; by 2020, the market size of commercial drones is expected to soar from $2 billion to $127 billion. On the domestic market, relevant data also show that it is expected that by 2025, the total domestic drone market size is expected to reach 75 billion yuan.

"The next ten years drones will be widely used in commercial scenarios because they can effectively perform trivial or dangerous tasks." explains Thomas Kriesmann, senior global underwriters at Allianz. For example, workers drop from the roof when they inspect the house. Occupational accidents and compensation for work-related injuries are expected to decrease as a result. "In the future, in many industries, in the developing countries and in disaster relief, drones may not only solve problems but also save costs; it can also be used to transport blood and vaccines to some remote areas of Africa, to put out grass fires, and to carry out Pest control, even express pizza and coffee."

In addition, insurance companies have also begun to use drones to conduct risk assessments of construction or infrastructure projects, and the use of drones to investigate damages at the scene after the disaster has also become faster and more effective. For example, after the explosion in Tianjin Port last year, some regions prohibited entry. Using the drone to take high-definition pictures after an accident, and comparing it with the previous picture, the number of damaged vehicles can be determined.

However, in the “Draft of UAVs: Managing the Specific Risks Associated with UAVs” (hereinafter referred to as the “Report”), Van Miller, the relevant person in charge of Allianz Global, also pointed out that as the number of UAVs doubled, collisions occurred. The possibility of accidents and other losses will also increase. Not only that, new risks and the possibility of improper use of drone technology also need to be taken seriously. Especially in the air collision and out of control two major security risks.

In recent years, there have been cases where drones have been hurt by people at home and abroad, collided with airborne flying objects, and a series of situations that disturbed airborne conditions. According to media reports, in Washington, when a helicopter was broadcasting a fire news, the pilot found that a drone actually crashed into the helicopter. However, this incident did not cause any adverse consequences.

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