BIG PICTURE
High flyers Use cases for drones are, well, taking off, from architectural inspections and delivery services to nuclear power plant maintenance and even law enforcement. The result is that leading insurers are creating products to cover the burgeoning industry. We predict this will be a new market for the insurtech sector as the sheer breadth of applications means the global commercial drone industry will be worth US$40bn by 2025.
insurtechdigital.com
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