PAY-AS-YOU-FLY DRONE INSURANCE

TitlePAY-AS-YOU-FLY DRONE INSURANCE
BrandFLOCK
Category A06. Data Technology
Product/ServiceFLOCK
Entrant R/GA LONDON, UNITED KINGDOM
Idea Creation R/GA LONDON, UNITED KINGDOM
Idea Creation 2 FLOCK London, UNITED KINGDOM
Credits
Name Company Position
Robert Northam R/GA London Creative Director, Visual Design
Jen Heazlewood R/GA London Creative Director, Experience Design
Lachlan Williams R/GA London Strategy Director
Tomas Freriksen R/GA London Senior Visual Designer
Rachel Jones R/GA London Experience Designer
Philip Mueller R/GA London Senior Copywriter
Leen Verburgh R/GA London Senior Producer
James Temple R/GA London EVP Chief Creative Officer EMEA
Rick Williams R/GA London Executive Director Business Transformation
Nicolas Olivieri R/GA Ventures Senior Director of Programs R/GA Ventures
Matt Webb R/GA London Managing Director IoT UK Accelerator
Lisa Ritchie R/GA Ventures Program Director R/GA Ventures
Chloe Cronyn R/GA London Content Producer
Ed Steadman R/GA London Junior Video Editor

The Campaign

We offer drone pilots accurate, competitive single-flight quotes on the spot. What makes our work different is that we use our big data and proprietary analysis to produce a unique result – a single risk metric that represents the risk of any single drone flight, anywhere in the world.

We have secured a partnership with one of the leading aviation insurers – Allianz – to bring instant drone insurance anytime, anywhere. The benefits are wide-ranging: 1. We will offer the most price-competitive insurance for drones in the world. 2. As we insure per flight, we can provide completely customised policies. 3. Our risk intelligence service means operators can fly more safely, which should reduce claims. Flock has raised £500,000 from a range of investors this year and won three technology grants from Innovate UK alongside a grant from the Ordnance Survey, the UK’s leading mapping service.

We’re pioneering data-driven risk intelligence for drones. This risk intelligence powers our consumer app for drone pilots, helping them fly more safely – and also provides insurance providers with a risk metric that helps them quote on individual flights.

We collect a lot of data. We know if the operator is human or software. What kinds of flights, how many, how safe they are. We collect data about the drone itself – weight, speed, operating height. What happens if it lands on someone. Details about your environment. Are you flying near a school, airport or prison? What are the hyper-local weather conditions? Will they change in the next few minutes? Our proprietary algorithm can then analyse your flight plan and quantify the operator’s risk.