Category:

Technology

2-day `Connected Claims Europe’ goes virtual,to be held on Aug 18-19

All insurance executives can attend the the virtual event for free for the first time..
The next generation of claims is on the horizon, as AI, machine-learning, telematics, IoT and payment solutions are paving the way for the customer experience that will give Amazon and Uber a run for their money. Now is the time to win customers hearts, build your innovation dream team and deliver the definitive digital claims experience for all. The entire industry needs to pull together or risk falling behind.

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Govt warns against large-scale phishing attacks using COVID-19 as bait

‘Such emails are designed to drive recipients towards fake websites where they are deceived into downloading malicious files or entering personal and financial information,’ Indian Computer Emergency Response Team (CERT-In) said in its latest advisory dated June 19.

The advisory noted that the ‘malicious actors’ are claiming to have 2 million individual/citizen email IDs and are planning to send email with the subject line: free COVID-19 testing for all residents of Delhi, Mumbai, Hyderabad, Chennai and Ahmedabad in a bid to coax users to disclose personal information

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Trump administration to propose rolling back protections for big tech

Trump wants to “remove or change” a provision of a law known as Section 230. Under the 1996 Communications Decency Act, Section 230 does not generally hold platforms responsible for what their users post and allows them to moderate the content of their sites as they see fit.The Justice Department plans to make a legislative proposal that Congress would have to pass, according to the Wall Street Journal, which first reported the proposal.

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Mobile app-based payments rise 163% to $287 billion in 2019: Report

The report said UPI processed nearly 11 billion transactions in 2019 and based on a monthly rate of USD 31 billion in February, UPI payments are already clocking more than USD 373 billion in annualised payment value in 2020.

It added that Google Pay and PhonePe-led UPI payment apps handled over 7 billion transactions in total, representing more than two-thirds of UPI transactions in 2019.

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HDFC ERGO launches first-ever on-demand ‘Pay As You Fly’ insurance for drones

“Today, drones are becoming more and more popular in events and other outdoor commercial activities, which require skilled professionals to operate them. But, mistakes in operating and equipment failure may cause damage to third parties. Considering this we are launching this cover under our aviation insurance, which is a first in the industry, to safeguard drone owners and pilots from any third-party liability while flying a drone commercially.”Ritesh Kumar, MD & CEO, HDFC ERGO General Insurance Company

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