Nationwide Building Society uses mapping technology to identify...
Category:
Technology
Latest
AstraZeneca acknowledges potential link between vaccine and rare blood clots in UK court
The Daily Telegraph' reports that in a legal document submitted to...
India: Global hotbed for phishing attacks, ranking 3rd
''As threat actors find new malicious means to extract and steal...
Ping An’s $22 bn push to shed old-school insurance skin
The firm has plowed $7 billion to date into technology and R&D and plans another $15 billion over the next decade. It’s spun off 10 tech startups, based around those five ecosystems in financial services, health care, real estate, automobile, and smart city, or government, services.
Indonesia report on 737 MAX crash faults Boeing design, says Lion Air made mistakes
The manufacturer is facing nearly 100 lawsuits over the Ethiopian Airlines crash on March 10 which killed all 157 people on board the flight from Addis Ababa to Nairobi.
Munich Re invests heavily in data analytics & artificial intelligence:Doris Höpke
Höpke also said that the financial impacts of cyber losses were becoming more severe and said demand for cyber prevention and protection would increase, as greater interconnectivity increased risk exposures
Number of ‘unicorn’ startups in China exceeds US number for first time
“China and the US dominate with over 80 percent of the world’s known unicorns, despite representing only half of the world’s GDP and a quarter of the world’s population,” Hurun Report chairman Rupert Hoogewerf said.
India emerges 3rd largest ecosystems for successful start ups
China pipped the USA to lead by 206 versus 203, together accounting for over 80 per cent of the worlds unicorns. Europe has 35 unicorns
Daimler Recalls Thousands of Mercedes-Benz Vehicles over Diesel Emissions
In June, Daimler issued a profit warning and announced an increase of legal provisions by a high three-digit million euros amount, to cover various ongoing governmental proceedings and measures relating to diesel vehicles.
Boeing partners with Porsche on electric flying car
Earlier this year, the planemaker conducted an inaugural test flight of an aerial car prototype that could accommodate two to four passengers and fly up to 50 miles.
One in five organizations doesn’t have cyber insurance: Marsh-Microsoft Study
Among respondents to the Marsh-Microsoft Cyber Perception Survey, nearly one-third of those who said their organization estimates the potential financial costs of a cyber event projected that losses from a worst-case incident could reach into the tens of millions of dollars .
Munich Re invests $ 250m more in Next Insurance
This investment emphasises Munich Re’s commitment to be the leading provider of digital insurance solutions. It also helps Munich Re expand its footprint in the promising insurance market for small and medium-sized commercial customers in the United States. We are confident that building on our proven collaboration will benefit both Munich Re and Next Insurance,”Joachim Wenning, chairman, Munich Re
Fundamental changes to insurers current model unavoidable:WITR 2019
The roadmap to the future requires insurers to break internal silos, seamlessly connect with ecosystem players, and become inventive. Inventive Insurer competencies cover intelligent processes, open platforms,customer centricity, and an innovative corporate mindset, according to WITR 2019 research and analysis.