Fleets of commercial drones are primed to hover over the destruction from Tropical Storm Harvey in an unprecedented test of unmanned aircraft’s ability to assess billions of dollars in damage for the insurance industry and accelerate payouts for harried policyholders.
Farmers recently announced an agreement with Kespry, which will provide the insurer with hardware, software and analytics around drones.
New technology and software can expand human capability and dramatically increase efficiency in the insurance industry, according to George Mathew, CEO, Kespry.
Farmers Insurance, the third largest property insurer in Texas and part of Zurich Insurance Group AG, plans to use Kespry drones to assess damage in a joint effort with on-the-ground claims adjusters. Kespry drones fit in a suitcase-size carrying case packed in the trunk of a claims adjuster’s car.
“We’ve reached a critical moment for the insurance industry where small, autonomous drones can complete complex roof measurements in a matter of minutes, significantly increasing the efficiency and safety of claims adjusters and roof inspectors by arming them with a new analytics-based productivity tool.”
“Haag’s study showed that Kespry’s roof measurements are within the accuracy that has come to be expected within the industry,” said Justin Kestner, P.E., president / CEO and principal engineer with Haag.
George Mathew, CEO and Chairman of Kespry, on the impact drones are having on changing blue collar work, partnerships with Farmers Insurance and Deere, and what lies ahead for the commercial drone industry.