Page 10 - AO 1st Qt 2017 CL

Managing the risk
There are two approaches contractors and project owners can take to manage risks from drone use on construc on sites:
• A company can decide it will work with a third-party drone operator rather than independently own and operate its own UAS. For some contractors and project owners, this is an e ec ve way to gain the bene ts of drones while minimizing their risks. Should a company take this approach, it can work with us to review the drone vendor’s insurance coverage and adequacy of limits, and transfer risk through contract language.
• Should a contractor or project owner decide to own and operate drones, they can work with us to:
◊ Add unmanned aircra (UA) liability coverage to the company’s Commercial General Liability (CGL) policy.
◊ Purchase a separate avia on/drone policy.
We can help contractors and project owners review each of these op ons to decide the best approach to managing drone risk.
The bene ts can outweigh the risks
Even though a drone might be small enough to sit on a desk, it can have many serious risk exposures. It’s crucial contractors and project owners e ec vely protect against those risks by understanding, managing, and mi ga ng them.