The penalties mark the latest wave of a sweeping multi-year...
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EV Battery Fires: South Korean blaze puts spotlight on safety concerns
Auto experts say EV battery fires burn differently than fires in...
HDFC ERGO onboards Xceedance to implement SaaS core insurance delivery systems
The project involves implementing Duck Creek's comprehensive suite...
Canada names China, Russia as main cyber-crime threats; sees risk to power supply
“We certainly have a long history of noting behavior from China that isn’t in accordance with what our expectations are,” Scott Jones, head of cyber security at CSE, told reporters.
U.S. lifts Boeing 737 MAX flight ban after crash probes, tough hurdles remain
Questions remain over how quickly other regulators, especially in China, will lift their flight bans.
The U.S. planemaker’s best-selling jet will make its comeback facing headwinds from a resurgent coronavirus pandemic, new European trade tariffs and mistrust of one of the most scrutinized brands in aviation.
Japan weighs tax incentives to reach PM’s goals on digital, zero emissions
“We must discuss how to establish tax system that responds to the premier’s calls for digitalisation and green society, which are pillars of a new era of with-corona and post-corona,” the LDP tax commission head Akira Amari told
Indian businesses hit by more ransomware attacks in APAC region:Survey
Indian organisations feel most threatened by eCrime groups (90 per cent), hacktivists (77 per cent) and insider threats (66 per cent) followed by threats from nation states (64 per cent), according to the “2020 CrowdStrike Global Security Attitude Survey.”
‘Too soon’ to let Boeing 737 MAX fly again, say families of Lion Air crash victims
“This means they don’t prioritize safety, considering there have been fatal mistakes that led to these two airlines having terrible accidents,”
General Motors follows Tesla,launches its own auto insurance
GM said it will use data from its on-board concierge device OnStar, which connects drivers to human operators who help with navigation or emergencies, but also collects precise data on driving patterns, such as hard braking and acceleration.
Turtlemint closes $30 mn fresh funding from investors
The Mumbai-headquartered startup’s Series D, was led by GGV Capital . American Family Ventures, MassMutual Ventures and SIG; existing investors Blume Ventures, Sequoia Capital India, Nexus Venture Partners, Dream Incubator and Trifecta Capital also participated in the round, which brings Turtlemint’s total to-date raise to $55 million.
ClearView adopts Munich Re’s new cloud-based digital services solution to automate underwriting decisions
ALLFINANZ Cloud,will enable ClearView to pursue its multi-year IT transformation project, which is centred on the development of an integrated life insurance Policy Administration System and a cloud-based underwriting rules engine, and strives to enhance the customer and advisor experience.
The platform will also support the experience of underwriters and other staff by giving them insights and easy-to-use tools to continually fine-tune underwriting rules, business processes and customer journeys.
Amazon launches online pharmacy in new contest with drug retail
The company founded as an online bookseller has disrupted industries including retail, computing and now potentially pharmaceuticals, drawing criticism of its size and power from labor groups and lawmakers along the way.
The company said Prime subscribers get up to 80% off generic and up to 40% off brand drugs when they pay without insurance, as well as two-day delivery.
Should Prime members prefer buying in person, Amazon said its discounts on non-insurance purchases apply at more than 50,000 brick-and-mortar pharmacies – including those run by rivals. Inside Rx, a subsidiary of Cigna Corp’s Evernorth, administers that benefit, Amazon said.
Google to bring new settings for smart features, personalisation In Gmail
“If you decide not to use smart features and personalization, you will still be able to use Gmail and our other products. And if you decide later on that these features are helpful and you’d like to turn them on, you can do so in your Gmail settings. At home or at work, the choice should be yours. And we’re always working to keep it simple,” Maalika Manoharan, Product Manager at Google said