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Travelers Invests $3 Million in Drone Firm

Travelers has invested $3 million in Kittyhawk, a drone operations management company.
October 10, 2018

Travelers has invested $3 million in Kittyhawk, a drone operations management company, to grow Kittyhawk’s commercial drone operation and help Travelers enhance its damage assessments after disasters. “Using drones to assess property damage enables us to enhance our customers’ experience, adjust claims more quickly and efficiently, and improve safety for our employees and vendors," said Nicholas Seminara of Travelers.

Travelers began to use Kittyhawk following the destruction of Hurricane Matthew, a storm that killed 25 people in North and South Carolina in October 2016. Today the company has more than 600 insurance agents who are also FAA-approved drone pilots.

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