DataWing Global, an aerial data collection company that works with independent drone pilots to help homeowners and insurance companies cover claims, estimates that drone technology could save insurance companies up to 40% during the upcoming storm season.
Storm season is fast approaching and costs insurance companies billions of dollars every year. In fact, last year’s Hurricane Harvey, Maria and Irma have already cost the industry at least $14.5 billion, according to annual reports filed by 15 major insurers(https://
Rather than sending out traditional “ladder teams” to closely inspect roofs and other home facilities (which costs around $150 to $250 per inspection)(http://www.
DataWing, is one such company using drone technology to streamline the insurance claims process(http://datawingglobal.
DataWing uses SmartSky, an internal scheduling program that gives them eyes on their pilot in the field. This secures a constant communication between DataWing and the pilots, which helps monitor jobs and the pilot’s time availability. It also provides pilots with the tools to input their availability and respond to jobs immediately, which further streamlines the process.
DataWing also follows strict compliance standards (background checks, drug tests, airspace checks) when selecting drone pilots to ensure they’re delivering the highest standard of service for their insurance clients and homeowners. Through a robust quality assurance program, DataWing currently manages a large and growing portfolio of certified pilots, operating nationwide.
“DataWing is helping insurance carriers in three main ways: increasing adjustor efficiency in completing claims, decreasing safety risk by allowing personnel to stay off of the roofs, and also achieving faster payment turnaround for the benefit of the insured,” said Steven Fargo(https://www.linkedin.
Drone powered solutions, such as DataWing, are set to save the insurance industry billions of dollars. Part of this cost saving lies in preparation, including walking through response methods with insurance companies, and advancing SmartSky to scale up and keep track of jobs. In the aftermath of hurricanes, customers can often experience delays in response to claims. DataWing, however, is determined to help both insurance companies and homeowners be ready to undergo quick turnarounds, particularly after natural disasters. This year, DataWing is prepared to carry out response to claims in 12 hours, rather than 60-90 days.
“Our mission is to help homeowners get their lives back together, faster,” said Landon Phillips(https://www.linkedin.
companies integrate drones into their routine operations. They work in a variety of industries:
Oil & Gas, Insurance, Telecom, Construction, Emergency Response, Program management.
Insurance claims are a big part of what they do.