Risk experts are increasingly using AI to crack an especially...
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Cyber incidents: IRDAI asks insurers to empanel forensic experts in advance
"In addition…, all regulated entities are required to establish a...
Wipro awarded £500m deal from UK insurance giant Phoenix Group
As per the deal, Wipro’s existing FCA-regulated entity Wipro...
Indian, Chinese companies take lead in use of artificial intelligence: IBM
''Chinese and Indian companies are leading the way, with nearly 60 per cent of IT professionals in those countries saying their organisations already actively use AI, compared with lagging markets like South Korea (22 per cent), Australia (24 per cent) the US (25 per...
Munich Re offers new validation service for trustworthy AI
“The digitalisation megatrend is also transforming the risk landscape. Novel risks – be they in the area of cyber, data analytics, quantum computing or artificial intelligence – call for innovative solutions. CertAI will enable us to take the next step forward and...
Govt to press ahead with strict cybersecurity rules despite industry concerns
New Delhi has said the new rules were needed as cybersecurity incidents were reported regularly but the requisite information needed to investigate them was not always readily available from the service providers NEW DELHI: India will not change upcoming cybersecurity...
U.S. agency opens probe into fatal Tesla vehicle crash that killed three
A total of 14 crash deaths have been reported in those Tesla investigations, including the three recent fatalities Tesla says on its website that Autopilot provides drivers assistance by enabling vehicles to steer, accelerate and brake automatically but "require...
‘India should envision assistive technology being integrated within health, social care systems’
The report notes that the number of people in need of one or more assistive products is likely to rise to 3.5 billion (350 crore) by 2050, due to populations ageing and the prevalence of noncommunicable diseases rising across the world New Delhi; India should reflect...
Drones to save lives by providing urban-grade healthcare in India’s rural areas: WEF
Eight healthcare centres covering a population of over 3,00,000 people took part in the 45-day trial in which health workers delivered vital vaccines and medicines by drone It was conducted as part of a wider programme, Medicine from the Sky, led by the WEF's Centre...
Decentro starts empowering Insurtech via banking APIs
Rohit Taneja, Co-founder & CEO, Decentro, said, "The Indian Insurance landscape is evolving well, and technology is playing a major role in its transformation. From managing the problems related to the complex money movement frameworks to ironing out identity...
HealthySure secures additional funding from LetsVenture and other Founders
The financing saw participation of new investors LetsVenture and founders Aditi Shrivastava – Founder - Pockets Aces, Sreeraman Mohan Girija – Cofounder of Fynd, Pankaj Vermani – Founder of Clovia, Sachin Shetty – Cofounder of Giva Sanil Basutkar, Co-founder &...
RMS launches new cloud-based application UnderwriteIQ
Moe Khosravy, Executive Vice President, Software and Platform, RMS, said: “The growth in adoption of the RMS Intelligent Risk Platform has been phenomenal. A substantial number of clients are benefiting from the secure cloud-based platform that provides superior...
Tesla cars, Bluetooth locks, vulnerable to hackers – researchers
“This proves that any product relying on a trusted (Bluetooth Low Energy)BLE connection is vulnerable to attacks even from the other side of the world,” the UK-based firm said in a statement, referring to the BLE protocol - technology used in millions of cars and...