A premium flight path: Insurers spot a lip-smacking business in drones
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Experts believe that the rising adoption of drones will open up a promising market for insurers.
Synopsis
As drones get cheaper and become more popular among civilians and commercial enterprises, the associated risks such as collisions, system failures, and breach of privacy will grow. And wherever there is risk, the first ones to sense a big opportunity are insurance companies.
"Where’s my pizza? It’s more than half an hour," you demand – hungry, frustrated after returning home through the evening rush. The operator apologises and informs you that the pizza cannot be delivered on time because of heavy traffic. “Cancel my order then,” you say with a stony resolve and hang up. That’s a present-day urban India story. In the new world, the script would change to something like this: you place an order and step out onto
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