Low-altitude airspace economy risk landscape
Manufacture risk
Manufacture risk
Operational risk
Aircraft risk
Risk type
Risk type
Low-altitude airspace economy risk landscape
Insurance
Low-altitude airspace economy risk landscape
Risk type
Low-altitude airspace economy risk landscape
Insurance
Low-altitude airspace economy risk landscape
Risk type
Low-altitude airspace economy risk landscape
Insurance
Product risk
Quality defect
Product risk
Quality defect
Low-altitude airspace economy risk landscape
- Product liability insurance
- Product guarantee liability insurance
- Product recall insurance
- Prototype (first set machinery) insurance
Low-altitude airspace economy risk landscape
Operational risk
Technical failure causes business interruptions
Low-altitude airspace economy risk landscape
- Property all risks insurance
- Business interruption insurance
- Cyber insurance
Low-altitude airspace economy risk landscape
Flight accident
Flight accidents due to errors, terrain, weather, or mechanical failures
Low-altitude airspace economy risk landscape
- Personal accident insurance
- Carrier’s liability insurance
- Aircraft liability and hull all risk insurance
- Professional liability insurance
Safety risk
Aircraft manufacturing safety incidents can cause significant losses
Safety risk
Aircraft manufacturing safety incidents can cause significant losses
Low-altitude airspace economy risk landscape
- Safety production liability insurance
- Employer’s liability insurance
- Professional liability insurance
Low-altitude airspace economy risk landscape
Safety risk
Flight safety incidents can seriously damage the first party’s reputation and business
Low-altitude airspace economy risk landscape
- Public liability insurance
- Professional liability insurance
Low-altitude airspace economy risk landscape
Equipment fault
Potential malfunction of electronic equipment, motors, or engines
Low-altitude airspace economy risk landscape
- Aircraft hull all risk insurance
- Prototype (first set machinery) insurance
Intellectual property risk
Patent infringement and trade secret leakage risk on technical equipment
Intellectual property risk
Patent infringement and trade secret leakage risk on technical equipment
Low-altitude airspace economy risk landscape
- Patent enforcement insurance
- Patent infringement liability insurance
Low-altitude airspace economy risk landscape
Environmental and social risk
Low-altitude flights can cause noise and privacy issues that raise social concerns
Low-altitude airspace economy risk landscape
- Pollution liability insurance
- Public liability insurance
Low-altitude airspace economy risk landscape
Communication loss
Crashes or collisions due to loss of contact / control / signal, low battery, no-fly zones
Low-altitude airspace economy risk landscape
- Aircraft hull all risk insurance
Supply chain risk
Raw material price fluctuations and supply chain disruptions affect production costs and productivity
Supply chain risk
Raw material price fluctuations and supply chain disruptions affect production costs and productivity
Low-altitude airspace economy risk landscape
- Cargo insurance
- Business interruption insurance
Low-altitude airspace economy risk landscape
Legal liability
Flight accidents can lead to third-party injuries and legal liabilities
Low-altitude airspace economy risk landscape
- Aircraft liability insurance
Low-altitude airspace economy risk landscape
Airspace management
Traffic conflicts due to management oversight
Low-altitude airspace economy risk landscape
- Aircraft hull all risk insurance
Environmental risk
Aircraft manufacturing / operation impacts the environment, requiring compliance with noise and air pollution laws
Environmental risk
Aircraft manufacturing / operation impacts the environment, requiring compliance with noise and air pollution laws
Low-altitude airspace economy risk landscape
- Pollution liability insurance
- Public liability insurance
Low-altitude airspace economy risk landscape
Extreme weather condition and natural disaster
Severe weather and natural disasters can affect flight feasibility and safety
Low-altitude airspace economy risk landscape
- Aircraft liability and
hull all risk insurance
Low-altitude airspace economy risk landscape
Extreme weather condition
Extreme weather conditions can affect flight safety
Low-altitude airspace economy risk landscape
- Aircraft hull all risk insurance
Source: Swiss Re Institute