``This joint agreement will ensure we share the knowledge and...
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Insurers have to reduce premiums or raise sum assured in case of no claims by health insurance customers: IRDAI
A health insurance policy is renewable and can't not be denied on...
Govt cracks down on SMS scammers; blacklists 8 principal entities found spewing fraud msgs
The Department of Telecom (DoT), in collaboration with the Ministry...
India proposes online platform for SAARC to jointly combat coronavirus
The Indian side proposed that till the electronic platform is fully operational, a network of experts representing the health services of all SAARC countries may set up on email/whatsapp to enable exchange of all relevant information on real time basis.
From quills to qwerty: Lloyd’s underwriters adapt to home working
Underwriters and brokers are already able to process part or all of a trade electronically through platforms such as PPL. But many have preferred not to do so.
Lloyd’s gears up to tackle COVID-19 crisis,returns to profitability after 3 yrs
Bruce Carnegie-Brown, Lloyd’s Chairman, said““The beginning of 2020 has proved exceptionally difficult as COVID-19 spreads rapidly around the world with devastating consequences for families, communities and the global economy. Now more than ever, our customers need us to be ready to support them through these challenging times. By focusing on performance management, modernising the market and creating a market culture that will attract the best and brightest talent, we are making the market more resilient, more successful and better placed to meet our customers’ needs.”
As Coronavirus threatens gig workers, Uber presses for new worker classification
Uber Chief Executive Dara Khosrowshahi on Monday urged U.S. legislators to use the current crisis as an opportunity to implement changes to existing employment law by creating what the company calls a “third way” in between employment and contractor status.
Ageas is first UK insurer to use AI to create end-to-end car damage assessments and estimates
Adrien Cohen, co-founder at Tractable, said: “Ageas using Tractable’s AI to generate end-to-end estimates is a breakthrough for the insurance sector worldwide. By harnessing AI at the beginning of the claims process to assess damage and generate estimates, we accelerate every part of it, creating efficiencies for the insurer and greater clarity for the policy holder. With this partnership with Ageas, computer vision is today making a positive difference for people in the real world, by helping them recover from accidents faster.
Caronavirus Pandemic: Companies’ recruitment strategy shift to virtual platforms
Companies are checking the travel history (official and personal) of the past three months, also their medical history is getting checked. However, if they have any illness, status of illness, track of residence locations, any address update that need to be done is also done.
E-commerce companies face disruption as India locks down to curb coronavirus
Similar delivery or warehouse disruptions hit Amazon, Walmart’s Flipkart and Softbank-backed e-commerce website Snapdeal across states, industry executives said. The full extent of the disruptions was not immediately clear.
India plans e-commerce regulator, tighter controls under new policy
Even before the fillip to e-commerce provided by the coronavirus pandemic, India was seen as one of the world’s fastest growing e-commerce markets. E-commerce revenue this year is expected to reach $120 billion, triple its size in 2017, according to India Brand Equity Foundation.
Flipkart partners with Aegon Life Insurance to offer paperless life insurance policy
Bengaluru: Flipkart, and Aegon Life Insurance have joined hands to sell comprehensive insurance solutions to its customers. An instant digital policy with a sum assured of up to 10 lakhs, will be available to consumers from March 2020. With instant...
US regulators will force Boeing to rewire faulty 737 MAX jets: Report
“The aircraft will be cleared for return to passenger service only after the FAA is satisfied that all safety-related issues are addressed,” it added.