Insurance Europe calls for a common pan-European legal framework on drones

Insurance Europe calls upon the commission to provide a clear common framework on licensing, certification and authorization, classification by use and size on drones, at EU level, a recent paper published by the European federation of insurers says.

The paper complements Insurance Europe's response to the European Commission's 'public consultation on drones (unmanned aircraft) - technical standards for drones as a product and conditions for drone operations' questionnaire. Basically, as drones offer huge potential for innovation in a wide variety of sectors, contributing to the creation of new jobs and businesses in Europe, the Commission's focus on this topic is more than welcomed.

Insurance Europe underlines that insurance products for drones are already on the market and tailored to meet the needs of drone manufacturers, distributors and users. At the same time, insurers make use of drones for risk management and claims assessment or processing. The use of drones by insurers and number of drone insurance products will likely grow in the future.

Yet, there are some factors impeding on the market's growth, among them, one of the most important being the current differences in legal situations for drones across member states. "In some Member States it is difficult for insurers to provide insurance for drone physical damage (a.k.a. hull) or product liability due to reasons ranging from the lack of information on the use of drones (i.e. insufficient statistics or loss records) to the lack of a clear common framework on elements such as registration or licensing, for example", the paper says. Therefore, a regulatory framework that provides clear common basic principles, especially in some key areas, such as licensing and certifications, would be of great interest.

The European insurance industry would welcome a unified approach towards the:

  • Standardization of licensing requirements, certifications and authorizations
  • Differentiation between and clear definitions of commercial and private/recreational use of drones
  • Differentiation between and clear definitions for drones depending on their size and weight (eg model airplanes vs drones).
Finally, with respect to privacy and security concerns related to drones, and proposed solutions such as airspace restrictions or 'no-fly-zones', Insurance Europe welcomes flexibility at Member State level. Insurers see potential in making use of drones to assess damage or post-disaster scenarios that would potentially necessitate flying a drone into a restricted airspace to assess the damage. As outlined above, a standardized procedure for drone operators to obtain authorization to fly drones into certain areas is welcomed.

The full argumentation of the above suggestions is available in the original Insurance Europe paper, here.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

Share |

Related articles

Mistakes App Developers Should Avoid

by Rilind ELEZAJ
In this techno savvy era, a smart device has become the most important instrument that performs numerous tasks in the age we are living in. Our transition and full integration of mobile technology shows that it is to here to stay and evolve.


Tech-driven insurance solutions to help bridge the USD 180 billion protection gap

2017 was an extreme year for natural disasters, with total losses from natural and man-made disasters expected to amount to USD 306 billion - up from USD 187 billion in 2016. The recent disasters draw attention to the enormous gap between what's insured, and what's not - we call this the protection gap, reads an analysis published by Swiss Re as part World Economic Forum Annual Meeting.


Can InsureTech survive in the GDPR era?

Insurers must be cautious in using the latest AI technologies, as GDPR introduces a series of obligations for the controllers, aimed at safeguarding the rights and freedoms of data subject. In the following article, we will address the most significant risks that the use of such technologies pose from the perspective of data protection.


Insurance digitalization: how to avoid disapointment?

Price pressure is the biggest barrier to revenue growth, said almost half of the 46 global insurers interviewed by Simon-Kucher & Partners for the 2017 Global Pricing and Sales Study. A third of them also stated that most planned price increases are slashed or not implemented at all.


How technology impacts the insurance sector

Rather than merely adding value to the insurance sector, technology and technical innovations are now determining its very growth and evolution. The last few years have seen mobile devices, GPS functionality and social media engagement impact hugely as to how insurance claims are processed by companies and policies assessed by insurance agents. Analysis of data and the value of legitimate customer interactions is more important than ever and have helped insurance companies to maximize profits while keeping the customers happy.


FRISS: Uncovering insurance fraudsters

If you compare the insurance fraud business to other types of business, it pays off to commit insurance fraud. The benefits are great, the chances of being caught are low, and the sanctions you get once caught are low as well. So, whether working in the claims, financial, underwriting or SIU department; you will all deal with fraud at some point. And it does not stop at an organization or a border. Fraudsters do market research. They use different modus operandi, use different insurers, fake identities; just to make sure that they don't get caught.


Technology and data: Focus on the good we can do

Technology. The press is covering it, everyone is talking about it and we, as an industry, are spending time and money investing in it. For all this reasons and more, we will shortly talk about this topic at our Swiss Re L&H Conference in Warsaw in May: "Think tomorrow! Innovative solutions for our industry."



Public insurers appoint Achim Bosch to reinsurer board

The supervisory bodies of Deutsche Ruckversicherung AG and the Association of German Public Insurers decided today, to appoint Achim Bosch (53) to the executive board of the two reinsurers, where he will be responsible for non-life reinsurance.



HOEPKE, Munich Re: I expect at least a stable renewal round in 2019

After severe storm damage in Japan and the United States, Munich Re is looking with a little more optimism to the next renewal season. "I expect at least a stable renewal round in 2019," Board member Doris HOEPKE said in Baden-Baden. Until recently the reinsurer's expectations were leaning towards a stagnant season.



Five new XPRIMM insurance reports on the Baden Baden stands

Five new titles are available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in Baden Baden main locations, presenting the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets.


See all