INSUBCONTINENT EXCLUSIVE:
previous backer Downing Ventures
insurance has its roots in the academic studies of founder Antton Pena
He wrote his thesis on the use of real-time data to quantify drone flight risks, and began building the first version of the Flock platform
at the Data Science Institute at Imperial College London with help from a post-doctoral researcher in artificial intelligence.Likewise,
while studying at Cambridge University, Flock CEO Ed Leon Klinger focused on the future of the autonomous world, writing and publishing
papers on driverless vehicles, AI safety, and autonomous drones
This included a paper on the future of the drone industry in which he identified the same solution that Antton had already begun building:
It aggregates real-time data, including hyperlocal weather conditions, population density, proximity to high-risk areas (such as airports),
on-demand model.With that said, the Flock CEO concedes that there are a number of other on-demand drone insurance products already on the
They cannot differentiate between high-risk and low-risk customers or flights, so they simply charge everyone roughly the same amount for an
