Moreover, primarily used by P/C insurers to adjust claims or conduct property inspections, the proliferation of big data and third-party partnerships have made implementation cost-effective for insurers of all sizes. "Unlike machine learning and artificial intelligence initiatives, drones can be implemented in cost-effective ways by insurers of all sizes," said Martina Conlon, Senior Vice President of Research and Consulting, and co-author of Novarica's new report. "While not all carriers have the in-house resources or budget to analyze data collected by drones or telematics sensors, they have the option to partner with third parties. These third-party companies can serve a variety of roles, whether they provide drones, analyze the data collected by drones and generate scores via predictive models, or all of the above." A preview of the brief is available online.