Design and create a product offering for personal and commercial drone insurance.

Innovation Project Description:

From a flying surveillance camera for military purposes, to a new toy, to an unmanned cargo device - drones or unmanned aircraft systems (UAS) are one of the latest examples of the fast growing IoT technologies that form a multi-billion dollar industry making our life safer, easier, faster and more fun.

The insurance industry quickly identified the potential to use drones for underwriting and claims handling. Nowadays most P&C insurers provide professional roof inspection services using drones or take aerial photographs of flooded areas to evaluate the loss after a natural catastrophe.

With the increase of civilian and commercial use of drones comes a new market for insurance products and services. The combination of new technology managed by new pilots is inevitably accompanied by a lack of understanding of the risk, as no historical data is available. These risks are currently primarily associated with mid-air collisions and loss of control.

In this four week sprint the project team will work together to seek answers to the questions “how can insurers can gain insights on the new risks, in order to develop adequate risk models (using e.g. behavior data from drones), and how can insurers design a product offering for personal and commercial drone insurance?” The topics we will to address in this project are:

  • Drone technology and varieties of drones/UAS
  • Risk evaluation and modelling
  • Behavior-based analytics and customer engagement
  • Product design
  • Community and peer-to-peer insurance as a business accelerator

The project team will be joined by a group of students from Germany who have developed a risk evaluation methodology for drones using drone flight data. In addition, multiple InsurTech startups, providing new services and technologies around drones and drone insurance, will support the project team. RSVP soon to secure your place!



This project is currently in progress and closed for applications. See our Innovation Projects Listing for a full details on upcoming projects. 

Project Details:

Each innovation project will begin by establishing a Lean Startup mindset, followed by the phases of Design Thinking as supported by a variety tools. The ultimate goal is to create a business case and a Minimum Viable Product (MVP).

Project Type

  • Open innovation project for Cookhouse Lab members
  • Project team will consist of members from different insurance organizations


  • Sprint: 4 weeks
  • Start: July 31, 2017
  • End:  Aug 25, 2017
  • Apply by: July 25, 2017


  • Insurance & Reinsurance (all regions worldwide) 
  • Brokers/Advisors/MGAs
  • P&C 

Target Group

  • Product Development
  • Underwriting
  • Claims
  • Sales & Marketing
  • Business