At last!
The real risk assessors step in: it had to happen. When insurance risk assessors set to work they don’t mess about, every possible risk – to them – is weighed, measured and quantified – from every angle. Their in depth analysis are the complete opposite of the CASA scribblings. The insurers will carefully evaluate the risk associated with a ‘drone’ slipping past the fan blades of a large turbine engine and disappearing down the by-pass and define the cost, in the dollars and cents, that will be required to cover the bet they have taken. Bookmaking – down to a science.
The other angle is the ‘speed’ at which they will complete the task – they exist in the ‘here and now’ – real risk, in real time, in the real world; solutions provided within that time frame. Any insurer worth the title will have made a profit from the research and risk assessment before CASA even acknowledge that there may be risk worthy of their consideration.
“With an increase in the number of drones in operation, there is also an increase in the potential for third party liability claims,” says Aaron Stephenson, Director, AV Cover.
“Drone insurance can cover public liability for the operation of the machine, and hull (the actual machine itself – while in use or transit). Licensed operators require this cover,” Aaron Donaldson, Managing Director, Allsure, says.
"[Jones] specifies that in terms of hull losses the most significant risks relate to loss of the drone and its payload. For example: sometimes through unforeseen perils such as bird strikes, or the drone simply failing to follow controller direction resulting in it never being found after leaving line of sight.
Reading through the article above the stark contrast between the dynamic approach of industry and insurer, in comparison to the CASA denial of responsibility for the risk is clearly visible. It’s got me beat how the likes of Carmody, the mad professor and the Scots Git can sit and play word games with the RRAT committee while the risks escalate. Attitude adjustment required; lots of and often.
Toot toot.
The real risk assessors step in: it had to happen. When insurance risk assessors set to work they don’t mess about, every possible risk – to them – is weighed, measured and quantified – from every angle. Their in depth analysis are the complete opposite of the CASA scribblings. The insurers will carefully evaluate the risk associated with a ‘drone’ slipping past the fan blades of a large turbine engine and disappearing down the by-pass and define the cost, in the dollars and cents, that will be required to cover the bet they have taken. Bookmaking – down to a science.
The other angle is the ‘speed’ at which they will complete the task – they exist in the ‘here and now’ – real risk, in real time, in the real world; solutions provided within that time frame. Any insurer worth the title will have made a profit from the research and risk assessment before CASA even acknowledge that there may be risk worthy of their consideration.
“With an increase in the number of drones in operation, there is also an increase in the potential for third party liability claims,” says Aaron Stephenson, Director, AV Cover.
“Drone insurance can cover public liability for the operation of the machine, and hull (the actual machine itself – while in use or transit). Licensed operators require this cover,” Aaron Donaldson, Managing Director, Allsure, says.
"[Jones] specifies that in terms of hull losses the most significant risks relate to loss of the drone and its payload. For example: sometimes through unforeseen perils such as bird strikes, or the drone simply failing to follow controller direction resulting in it never being found after leaving line of sight.
Reading through the article above the stark contrast between the dynamic approach of industry and insurer, in comparison to the CASA denial of responsibility for the risk is clearly visible. It’s got me beat how the likes of Carmody, the mad professor and the Scots Git can sit and play word games with the RRAT committee while the risks escalate. Attitude adjustment required; lots of and often.
Toot toot.