Geospatial Insight invests in leading commercial drone company FireFLY AI

At Geospatial Insight we are continually growing our client base, particularly in the insurance sector where the use of drones is a key component of our rapid post-loss assessment and risk management solutions. Aligned to this strategy of continually improving our drone-related expertise we have recently completed an investment in one of the UK’s leading commercial drone companies – FireFLY AI.  

The investment will be used by FireFLY in part to expand their hardware capabilities through the purchase of new cutting-edge drone functionality that will augment their existing fleet. The investment demonstrates Geospatial Insight’s commitment to enhancing its operational drone competences, enabling us to respond more rapidly to client requests, in particular during CAT events for insurance purposes. The investment will also support the development of Geospatial Insight’s risk management portfolio through a range of innovative new products, the development of which is already underway. 

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Dave Fox, CEO, Geospatial Insight comments: “This is a great opportunity for Geospatial Insight to provide our clients with improved drone data capture capabilities, in particular leveraging the FireFLY team’s expertise into managing the deployment of the business’s existing international catastrophe response and claims support drone network. We have worked closely with FireFLY on many key projects, always being impressed by their knowledge, rigour and commitment to continually enhance their offering through adoption of the latest drone technologies. 

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Paul Trainor, CEO of FireFLY comments: “FireFLY is an ambitious, rapidly expanding business, we are delighted to have established closer ties with Geospatial Insight and their strong brand within the insurance and investment sectors.  We are really looking forward to sharing our expertise with their team, developing and delivering ground-breaking drone solutions that will be of particular benefit for their insurance and investment clients.”

About FireFLY

Established and operating commercially since July 2015, FireFLY are a leading commercial drone operator based in the Midlands. They offer creative and innovative solutions whenever and wherever they are required. Services range from aerial photography and video to survey and mapping. They also provide consultancy services, showing clients how they can successfully integrate commercial drone activities into their business.

https://www.fireflyai.com/ 

About the Author: Dave Fox

Dave has a long background in the geospatial sector, acting as CEO of Infoterra UK from 1998 to 2010. With a profound understanding of the geo-information services industry, Dave grew the business fivefold in that period, also participating on the executive board of the wider SPOT-Infoterra Group for ten years. Dave then became Managing Director of Blom Aerofilms and VP of Operations of the wider Blom Group. Dave founded Geospatial Insight in 2012, providing differentiated intelligence products for major clients in the insurance, capital trading and energy sectors. He is responsible for overall strategy and leading corporate and insurance sector client relations.

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