Briefing: Drone cover moving from ‘niche’ to ‘vanilla’ risk for insurance sector

drones, deliveries

As more businesses look to deploy in-house drone capabilities, corporate cover requirements need to change to accommodate this risk

The use of drones has evolved from being just a tech hobbyist’s weekend activity to instead playing a much more vital role in the overall UK economy.

A July 2022 report from PricewaterhouseCoopers (PWC), the Department for Business, Energy and Industrial Strategy and the Department for Transport – entitled Skies without limits: The potential to take the UK’s economy to new heights – revealed that drones are set to contribute £45bn to the UK’s economy by 2030.

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