When it comes to commercial drones usage, 61% of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America, Inc. (Munich Re, US), the company said.
Other concerns include inadequate insurance (15%), personal injury (15%) and property damage (9%).
In August 2016, the Federal Aviation Administration (FAA) issued operational rules that would allow for commercial use of unmanned aircraft systems (UAS) or drones in US airspace for operators who complete a certification process. The FAA anticipates commercial drones´ sales to reach 2.7 million by 2020.
The majority of risk managers surveyed (62%) expect commercial drone usage to become common practice for businesses in less than five years — a significant increase from the 37% who believed this in 2015. Eleven percent of respondents consider drone usage already a common practice. Since approval of the FAA´s new operational rules last year, one in two (46%) risk managers would consider or explore the use of drones within their own businesses, and 7% are already using drones to conduct business.
The survey was conducted on-site at the Risk Management Society (RIMS) Annual Conference in Philadelphia, PA from April 24-25, 2017, and is intended to represent the views of 100 risk manager attendees who participated in the in-person interviews.