The report by Zurich Kotak General Insurance and Zurich Resilience...
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IRDAI launches Rs 800 cr Policyholders’ Education and Protection Fund, set to widen policyholder services
The consequences of this lack of awareness are significant. At the...
Tesla faces lawsuit after car using driver-assistance software crashes into home, killing woman
The electric-vehicle maker’s automated technology failed to detect...
Bajaj Auto says ransomware attack hits systems
India's Bajaj Auto on Tuesday said a ransomware attack earlier in the day impacted the automaker and its unit Bajaj Auto Technology's systems.The company said it initiated necessary precautionary actions and protocols to mitigate the impact of the...
Tata Electronics hit by cyber breach, Apple, Tesla trade secrets exposed
"A few weeks ago, Tata Electronics identified a cybersecurity incident on some of our systems. Our response protocols were deployed immediately, and the incident has had no impact on our operations across businesses, which remain unaffected," Tata Electronics told...
IRDAI constitutes expert panel to chart AI roadmap for insurance sector
The panel, chaired by Sandeep K. Shukla, director of IIIT Hyderabad, will examine AI's impact on insurers, policyholders and the broader insurance ecosystem, with a particular focus on ethical adoption, transparency and data security. Hyderabad:Insurance regulator...
Public Insurance Registry:IRDAI ropes in former bureacrat Prakash Kumar as sr advisor
The regulator believes PIR could address one of the insurance sector's most persistent challenges: fragmented data scattered across insurers, making it difficult for policyholders to access their records seamlessly and for regulators to obtain a comprehensive view of...
Turtlemint Fintech raises Rs 397 crore from anchor investors ahead of IPO
Anand Rohidas Prabhudesai and Dhirendra Nalin Mahyavanshi, promoters of Turtlemint ICICI Prudential Mutual Fund (MF), Mirae Asset MF, Amansa Holdings, BNP Paribas Financial Markets, Edelweiss MF, Bajaj Life Insurance, Societe Generale, ICICI Prudential Life Insurance...
Telegram moves Delhi HC against govt curbs; SG claims ‘shocking’ activities on platform
The Ministry of Electronics and Information Technology (MeitY), acting on recommendations of the National Testing Agency (NTA), issued a direction under Section 69A of the Information Technology Act, 2000, restricting access to the Telegram platform in India till June...
Trade Secrets: TCS to take $70 million hit after US Supreme Court rejects appeal
The case stems from a 2019 lawsuit filed in Dallas federal court by DXC's predecessor, Computer Sciences Corporation, which accused TCS of hiring around 2,200 Transamerica, another insurance company, employees and using their inside access to build a rival...
Insutech Turtlemint Fintech Solutions to announce around Rs 900 crore IPO on Tuesday
It is expected to launch its IPO between June 19 and June 23, with the issue size estimated at Rs 2,000 crore, said sources Mumbai Mumbai based insurtech startup Turtlemint Fintech Solutions, connecting insurace advisors, customers and insurance company for offering...
Liberty and ICEYE partner to deliver market-first Parametric wildfire insurance cover
Jean-Christophe Garaix, Head of Parametrics & Agriculture at Liberty, said: “By pushing the boundaries of technology, we are delivering a new generation of parametric wildfire coverage that is faster, more responsive, and fully data driven. Our property wildfire...
Embedded Insurance: A key differentiator for Southeast Asian device retailers
As connected devices become indispensable to everyday life across Southeast Asia, retailers are facing intensifying competition and rising customer expectations.Embedded insurance offers retailers a powerful way to differentiate themselves by making protection an...