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Emerging Talent Trend: Skills to succeed in a changing insurance industry
In US insurance industry, data scientists are emerging as the...
Promoting Mental Wellbeing: Investing in APAC Youths
Research shows that approximately half of all mental health...
Maritime Safety: New risks and challenges for Shipping Industry
“Although recent sanctions are making it harder for these vessels to trade, the shadow fleet continues to pose a serious risk to maritime safety and the environment, as many are likely to be older vessels that are poorly maintained and inadequately insured. In case of...
Enable, Embed and Evolve: 3 essential phases of AI transformation in a customer-centric enterprise
“Insurance leaders need a clear strategy to unlock value and achieve AI driven transformation and achieve long-term success, one that involves not only integrating AI into their existing systems but also fostering a culture of innovation and adaptability. By doing so,...
Blackout Risks: Guarding grid stability for uninterrupted energy access
As Europe has learned, preventing grid collapse is a constant endeavor, not a battle that you only fight once. India's government has prioritized energy access, vastly expanding availability to households and building more generation capacity. It is now time for it to...
Life insurance: 78% of urban Indians own one or more products, Axis Max Life Insurance survey
Prashant Tripathy, CEO and managing director, Axis Max Life Insurance said, “This year’s record Protection Quotient, alongside all-time high life insurance ownership, reflects a decisive shift in consumer priorities — from cost sensitivity to genuine protection needs....
Heat Waves: Global Climate Change Need To Be Addressed
Various initiatives have been undertaken by the Government of India with the help of States to reduce the impact of heatwaves in the coming years. The National Action Plan on Climate Change (NAPCC) and State Action Plan on Climate Change (SAPCC) are one of the major...
Megatrends: 4 Interconnected Issues Driving Global Uncertainty For Business and Society
The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed," said Greg Case, president and CEO of Aon Aon plc a leading global professional services...
Into the Cyberverse: Industry must prioritise product innovation and investment
Luke Foord-Kelcey, Global Head of Cyber, Howden Re, commented, “Cyber is maturing into a distinct asset class with diversified reinsurance product offerings. Cedents must continue to evaluate reinsurance purchasing strategies critically and holistically, ensuring...
Renewable Energy: Nat Cat and unmodelled extreme weather risks emerge as a defining challenge
A new report by GCube Insurance calls for action from insurers, developers, and financiers to close the global renewables risk management gap. This will involve enhancing data accuracy through updated Nat Cat modelling, optimising asset design to withstand emerging...
Financial Preparedness: Health Insurance gains ground
Indians continue to favor traditional financial investments such as gold, fixed deposits, insurance-linked savings schemes, and real estate. However, health insurance has now joined this list, finds out a survey by Policybazaar Policybazaar.com, India’s leading online...
Fake payment apps: How to identify and stay safe
Fraudsters use fake payment apps to convince innocent victims that they have completed a transaction. In reality, they use a fake app that only simulates the payment transaction flow, leaving the victim to realise only later that the transaction was fabricated Fake...