timothysutherland

Drone being used on farmland showing how the commercial drone industry is changing agricultural practices

The Commercial Drone Industry – a dive into Agriculture

The commercial drone industry is becoming more and more a part of life for so many businesses. To quote a Techcrunch article to illustrate the point – “The FAA has been registering drones for less than four years and already there are four times as many drones — 1.5 million — on the books as manned …

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Simon Hooper AAUS

Precision Autonomy’s Simon Hooper re-elected to AAUS Board

Over the past few days it’s been announced that our Head of Underwriting, Simon Hooper, has been re-elected to the Board of the AAUS for a third term. Simon was elected onto the board of directors in 2015, bringing his almost decade experience in Aviation & Drone Insurance underwriting to promote risk management in the …

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Drone operating around bushfires

Operating Drones around Bushfires – Risks and Recommendations

The first month of 2020 has seen South East Australia hit with one of the worst bushfire seasons on record. Fires have devastated areas of South Australia, Victoria, the ACT, and New South Wales. Drones have helped with the recovery effort, with companies, emergency services and government organisations such as AUAV, Little Ripper, Team Rubicon, the Rural Fire Service & Air Assess responding …

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Drone flying safely

Case Study: In-Flight Breakup from Nine Storeys Up

This case study is pulled from the ATSB Website. Precision Autonomy was not involved in this operation in any way, including as an insurance underwriter. This is a hypothetical analysis of the situation, with additional information added in, and is intended for educational use only. When managing risk, it important to both look to the past …

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Setting up a drone for flight and avoiding drone operational risks

Assessing Risk at Precision Autonomy – The Operational Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make up a …

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An operator is remotely piloting a drone using his phone and controller, which can lead to drone technological risks

Assessing Risk at Precision Autonomy – The Technology Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make up a …

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a man operates a drone, showing the human element in drone operations

Assessing Risk at Precision Autonomy – The Human Pillar

The fundamental premise of Insurance is to be able to accurately assess the risk of financial loss associated with the given policy constraints. In the instance of drones, there are three key pillars that dictate risks – Human, Technology and Operations. Precision Autonomy’s Risk Management Framework separates these key pillars into individual metrics, which make …

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a man operates a drone, showing the human element in drone operations

Drones are Aircraft. Managing the Liability risk should be treated accordingly – part 4: Bringing it all together

This is part four of a four-part series, on drones and their liability implications, shining light on the insurance market, how to navigate the noise, and ensure that your operation is covered for the appropriate risks. See Part one, two or three. Our final instalment  brings all three parts together, emphasising the need for managing drone …

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Flying drones safely using drone insurance underwriters

Drones are Aircraft. Managing their liability risk should be treated accordingly. Part 3 – Mitigating risk: Seek out a knowledgeable, tuned in broker

This is part three of a four-part series, on drones and their liability implications, shining light on the insurance market, navigating the noise, and ensuring that your operation is covered for the appropriate risks. Part three discusses the importance of a knowledgeable drone insurance broker.