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Amazon partners Marsh to offer product liability insurance to sellers

by AIP Online Bureau | Aug 12, 2021 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Technology

  E- commerce giant Amazon has partnered with Insurance broker Marsh to offer product liability coverage to small businesses. Amazon announced it is creating the insurance network-Amazon Insurance Accelerator- along with implementing a new policy of...

Sex scandal in Alibaba sparks #MeToo moment in China

by AIP Online Bureau | Aug 12, 2021 | Eco/Invest/Demography, International News, Non-Life, Risk Management, Technology

  Few paid much attention when she first turned up at the center of Alibaba Group Holding Ltd.’s packed cafeteria on Friday, a stack of leaflets in one hand and a megaphone in the other. It had been more than a week since she accused her boss of sexual...

Accenture says ransomware attack had no impact, withholds comment on data

by AIP Online Bureau | Aug 12, 2021 | Eco/Invest/Demography, International News, Risk Management, Technology

  Boston: Cybercriminals have breached Accenture in an apparent ransomware attack but the global consulting giant says the incident was immediately contained with no impact on it or its systems. The LockBit ransomware gang announced the attack Tuesday night on...

ICICI Lombard Gen launches comprehensive covers for Drones  

by AIP Online Bureau | Aug 12, 2021 | Indian News, Non-Life, Technology

  Mumbai: ICICI Lombard General Insurance, the largest private sector general insurer, has launched a comprehensive remotely piloted aircraft Insurance specially for drone operators.This comprehensive product covers any theft or loss or damage caused to the...

A third of India Inc sees deterioration in financial health in June qtr: Report

by AIP Online Bureau | Aug 12, 2021 | Eco/Invest/Demography, Health, Indian News, Non-Life, Pandemic

  Mumbai: Indicating the increasing financial stress among companies, a report has found that a third of corporate India has seen their debt servicing ability hit in the June quarter of the current fiscal, massively up from 22 per cent in the previous three...
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