As a part of the ongoing nationwide vaccination drive, the country has administered 61.22 crore vaccine doses till date. Yesterday, the health ministry informed that 50 per cent of the eligible population has been administered with the first dose of COVID-19 vaccine under the world’s largest vaccination drive. India’s COVID vaccination drive commenced on January 16 this year.
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Munich Re unveils predictive technology for life insurers
ALLFINANZ Predictor allows clients to seamlessly deploy cutting edge predictive modelling technology into their underwriting process.
Tobias Frenz, Head of Digital Solutions Life & Health, Asia Pacific, Middle East and Africa for Munich Re said: “The co-creation of model development by Munich Re’s AI and Analytics team, and deployment with ALLFINANZ Predictor, has led to the successful launch of the first comprehensive predictive underwriting solutions for life and health insurance in Asia Pacific. This marks the beginning of a new era in underwriting using AI, rules and data to fundamentally transform the onboarding experience.”
Zurich Hong Kong launches domestic helper insurance plan
The cover can be bought by paying an annual premium of HKD946, equivalent to less than HKD2.6 a day.
The cover has multiple new protections, including replacement expenses caused by a domestic helper’s resignation within three months of the initial contract, or intentional/negligent injuries to the household children or elders, and service interruption cover if the domestic helper suffers from cancer or heart disease
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