Robert Bisset, CEO, North America, Lockton Re, said, “Agentforce...
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Aon announces first stablecoin insurance premium payment
Led by Aon's digital asset practice, this initiative builds on...
Strengthen cyber and operational resilience amid geopolitical tensions: Nasscom
According to Nasscom, several companies have begun activating or...
Customers want both Gen AI efficiency and human empathy, finds new Geneva Association report
While people welcome Gen AI’s convenience and possibilities for personalisation, they remain concerned about data privacy, accuracy, and maintaining access to human support. ZURICH: Generative AI (Gen AI) is transforming how insurance customers interact with their...
Top 26 e-commerce platforms claim they are free of dark patterns that deceive consumers
The Guidelines for Prevention and Regulation of Dark Patterns, 2023, which were notified on November 30, 2023, identify and prohibit 13 dark patterns.These are -- False Urgency; Basket Sneaking; Confirm Shaming; Forced Action; Subscription Trap; Interface...
Cyber attacks,Economic Slow down,Business Interruption ranked as top Indian business risks: Aon
“As cyber attacks and data privacy risks continue to rise, both in frequency and impact, Indian organisations must not only strengthen their resilience but adapt quickly to these accelerated challenges'' Rishi Mehra, CEO of India, for Aon Mumbai: Indian firms ranked...
TRAI orders mandatory adoption of 1600-series numbers by banks and insurance firms
The matter of mandating last date for adoption of 1600 series by the entities in the insurance sector is under discussion with IRDAI, and will be notified subsequently, the official statement said. The structured and time-bound adoption of the 1600-series is expected...
AI driving direct shifts in global insurance industry, says Swiss Re
Global insurance premiums are set to grow by 2.3% in real terms in 2026 and 2027. The non-life sector is forecast to see global real premium growth easing to 1.7% before recovering to 2.5% in 2027. For insurers, it means more opportunities in engineering, property and...
Red Sea Crisis: Google and Meta delay undersea cable projects
The southern Red Sea segment of 2Africa hasn’t yet been built due to a “range of operational factors, regulatory concerns, and geopolitical risk,” said a spokesperson for Meta, which leads a consortium of telecom companies developing the cable. Multiple subsea...
SBI chief pitches for national financial grid to check frauds
Speaking at the CII Financing Summit in Mumbai , SBI Chairman CS Setty said that the sector participants have come together to form the Indian Digital Payment Intelligence Corporation, a not-for-profit entity, which is a shared digital infrastructure to offer...
No firm is immune if AI bubble bursts, Google CEO tells BBC
Alphabet Chief Executive Sundar Pichai said in an interview with the BBC published on Tuesday that the current wave of AI investment was an “extraordinary moment” but acknowledged “elements of irrationality” in the market, echoing warnings of “irrational exuberance”...
UIDAI mulling to issue Aadhaar with photo, QR code to discourage offline verification
UIDAI CEO Bhuvnesh Kumar said that the authority is considering introducing a new rule in December to discourage offline verification by entities such as hotels, event organisers, etc, and enhance the age verification process using Aadhaar while maintaining the...
TRAI mandates pre‑tagging of variables in SMS content templates to curb fraud
Evidence from multiple Unsolicited Commercial Communications (UCC) investigations showed that the absence of predefined tagging has been routinely exploited for fraudulent and phishing activities. Absence of predefined tagging allowed unregistered or malicious URLs,...