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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.
Experts across the global economy are hailing the economic power of 'big data'. Articles and opinions abound in the media about how commerce is changing thanks to the ability to analyse massive sets of information. But big data is not the only force impacting business models and consumer behaviour. Data in general, in fact, is fast altering how we approach everything – including how we drive.
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.
If you had to hazard a guess, when do you reckon the COFI Bill will be signed into law?