by AIP Online Bureau | Nov 12, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology
-Three in five banks and insurers cite customer onboarding among top reasons for AI agent adoption,-33% of firms are actively developing proprietary AI agents in-house, though only 10% have deployed at scale,-Nearly half of banks and insurers are creating new jobs to...
by AIP Online Bureau | Nov 12, 2025 | International News, Risk Management, Technology
In the past, users of Gmail, Chat and Meet were given the option to turn on Google’s artificial intelligence program. But in October, the Alphabet Inc. unit “secretly” turned on Gemini for all those applications, enabling it to collect private data “without the users’...
by AIP Online Bureau | Nov 12, 2025 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Regulation, Reinsurance, Risk Management, Technology
Ajay Seth, chairman,IRDAI `While the number of health insurance claims settled is high, the amount settled especially in full is sometimes lower than expected.This is an area we are monitoring closely. Our expectation from the insurers is clear. Prompt, fair and...
by AIP Online Bureau | Nov 12, 2025 | International News, Technology
The offerings strengthen Hexaware’s collaboration with Google and reflect a shared focus on accelerating digital transformation through automation, AI, and scalable cloud-native architectures for the insurance industry.Hexaware’s parametric claims solution...
by AIP Online Bureau | Nov 11, 2025 | Indian News, Life
Axis Max Life reported New Business Margins of 23.3 per cent in H1 FY’26 up from 21.2 per cent during the same period last year. The Value of New Business (VNB), a measure of profitability experienced a YoY growth of 27 per cent outperforming the peers, aided by...