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Drone technology is anticipated to have a $6.8 billion impact on the insurance industry.

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Of those who currently use the technology, it is nearly split between farmers who contract with an outside company to operate their drones (49%) and farmers who handle drone usage on their own (51%). Of those who currently use the technology, it is nearly split between farmers who contract with an outside company to operate their drones (49%) and farmers who handle drone usage on their own (51%). (Photo: iStock)

Seventy-six percent of the 269 U.S. farmers surveyed by Munich Reinsurance America Inc. have concerns related to drone usage: privacy issues (23%) topped the list, followed by cybersecurity concerns over data captured and transferred (20%) and potential damage or injury from the drone (17%).

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

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