The significance of these rules grows as recent developments in the...
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Airtel approaches Jio, VIL on joint telecom initiative against fraud
``Given the recent alarming rise in phishing attempts and malicious...
X services face longest outage due to data centre glitch
Elon Musk-led X started facing a glitch on May 22 due to data...
ICICI Lombard partners with actyv.ai for SME solutions
ICICI Lombard will collaborate with actyv.ai to design comprehensive insurance offerings for the entire supply chain ecosystem, encompassing distributors, retailers, and suppliers Mumbai: ICICI Lombard General Insurance, India's second largest general insurance...
Climate Risks: Booming demand for ACs to aggravate soaring temperatures
Demand for air conditioners is surging in markets where both incomes and temperatures are rising, populous places like India, China, Indonesia and the Philippines and expanding AC coverage too quickly also threatens to worsen the crisis it’s responding to. Most units...
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Rakesh Joshi,member (F&I), Irdai The panel has been asked to suggest measures to ease of onboarding of customers using Aadhaar, and steps for fraud management at underwriting and claims stages It has also to suggest measures for improving the traceability of...
Preventive healthcare in India gets shot in arm with ‘Health ATMs’
Health ATMs are touch-screen automated teller machine-sized machines which can screen vital parameters, including pulse, blood pressure, temperature, body mass composition, blood glucose, oxygen saturation levels and ECG, without any paramedic assistance Dr Satyender...
Aon launches a new climate innovation hub in Singapore
(Lto R) Greg Case, CEO, Aon and Png Cheong Boon, Chairman, Singapore Economic Development Board inaugurating Aon's new climate innovation hub in Singapore “Climate change is a reality, not a probability. In 2022, there were $313 billion in total economic losses from...
Delhi court directs Police Commissioner to install CCTVs on accident-prone areas
Shefali Barnala Tandon, the presiding officer of the Motor Accident Claims Tribunal, was hearing a case where Vipin Kumar, an inspector, had filed an application seeking directives for civic agencies to install CCTV cameras at NH-8, Ring Road, and Dhaula Kuan New...
US cyber insurance sees sharp prm spike,Profit improvement to moderate: Fitch
Moderating claims frequency drove underwriting performance improvement, with lower ransomware incident costs and a higher proportion of incidents without payment However, this may be temporary, given the rapid pace of technological and economic change, such that...
Roots Automation Introduces InsurGPT -an advanced generative AI model for insurance
InsurGPT utilizes a deep corpus of insurance specific data and documents alongside systems and process knowledge to significantly improve the accuracy, speed, and validity of data extraction and inferencing, while reducing false-positives, ‘hallucinations,’ that...
EV penetration in India to cross 21% by 2027:Experts
With the friendly government policies and new entrants arriving on the scene with cheaper EVs, the country is set to witness a plethora of options in the next 2-3 years New Delhi: As India, which is the fourth largest car market globally, charts a new course for...
Govt to roll out lost mobile blocking, tracking system pan-India on May 17
''One of the common practices is that miscreants change IMEI number of stolen mobile phones which prevents tracking and blocking of such handsets. It was a national security issue. The CEIR will be able to block any cloned mobile phones on the network with the help of...