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Experience has taught Auto & General Insurance that the time it takes emergency services to reach someone in an emergency situation can make the difference between life and death. In fact, according to the World Health Organisation (WHO), delays in detecting and providing care for those involved in a car accident increase the severity of injuries.
Drones, formally known as unmanned aerial vehicles or remotely piloted aircraft systems, have gained significant commercial momentum over the past few years. While these aerial vehicles come at an expensive price, many people now buy one as a toy or it forms part of a hobby. People who own a drone need to ensure that they add it to their insurance portfolio to avoid financial loss should this expensive item get damaged.
The longer school holiday which takes place over July typically sees many families travel either locally or internationally. There are however a multitude of things that can go wrong while families are away and can cost a small fortune, for example lost luggage, stolen possessions, medical emergencies as well as disasters at home, such as a break-in or burst geyser.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?