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Tesla vs Tesla: US carmaker sues Indian namesake for copying trademark
Tesla in a hearing at the Delhi High Court this week said the...
GST National Coordination meeting on Friday may discuss tightening noose on fake registrations
Sanjay Malhotra,Revenue Secretary, Ministry of Finance The meeting...
Markel International launches Cyber 360 Policy
Coverage will be provided on a stand-alone and add on basis for businesses in the UK, Europe, Canada, Asia and elsewhere. With limits of up to £10m/€15m/$20m per risk, Markel Cyber 360 is offered across most businesses, industries and geographies.
Five Facts on Fintech
Asia is ahead of other regions in many aspects of fintech. In China, the massive scale of its markets and a regulatory “light touch” in the early years supported fintech development, with China emerging as a global leader. In India, large-scale adoption of mobile payments and increase in money transfers have driven growth in the mobile payments
Cyber Liability: the last frontier of the insurance
Buyers are turning to carriers for comprehensive pre-breach and post-breach cyber risk management services, and carriers are responding, either directly or by offering these services through third parties. Some of these services include network vulnerability scanning, penetration testing both internally and externally of the network, assistance with business continuity planning, GDPR readiness and more
Robots on track to wipe out a tenth of manufacturing jobs by 2030: Report
While automation should boost the economy as a whole, it is likely to create greater inequality as employment losses are concentrated in certain industries and countries. Manufacturing could lose 20 million positions by 2030, making the sector 8.5% smaller than “if robots were not remaking the market,” according to the research firm’s report.
HDFC Life partners with startups, to co-create targeted solutions
HDFC Life is looking for startups working in areas of Artificial Intelligence / Machine Learning (AI/ML), Blockchain, Data Sciences, Augmented Reality/ Virtual reality (AR/VR), Internet of Things (IOT), Robotic Process Application (RPA) and computational linguistics amongst others.
Lloyd’s underwriters team up to “insure the uninsurable” with a £53m capacity
The market-led solution, led by senior underwriters from Tokio Marine Kiln, Beazley, MS Amlin, Talbot, Liberty Specialty Markets, Hiscox, Ascot, Chubb, Chaucer, Brit, Antares and Apollo will trial new types of insurance for complex and non-standard risks, including, but not limited to, intangible assets and supply chain risks, or mishaps caused by artificial intelligence.
Do your Facebook posts have God references? You are 15 times more likely to have diabetes
“As social media posts are often about someone’s lifestyle choices and experiences or how they’re feeling, this information could provide additional information about disease management and exacerbation,” Raina Merchant, an associate professor at University of Pennsylvania.
Some of the Facebook data that was found to be more predictive than demographic data seemed intuitive.
Digital Payment: India needs competition, cost, convivence and confidence to succeed
Philip G Heasley, President and CEO, ACI Worldwide, said, “Once we accept the fact that digital commerce from any point of the world can be sold to the rest of the world, you need to be able to deliberate highly digital fashion well. We just think it’s going to land up becoming perhaps in little ten years the most prevalent method of payment in the world.”
Lloyd’s of London aims to revamp Auto Coverage as era of Driverless Cars looms
Chief Executive Officer John Neal said that Lloyd’s is talking with automakers about how to set up different policies to stay relevant as car ownership changes. The shift is “inevitable” as companies such as Tesla Inc. explore their own insurance options, he said in an interview Monday.
Facebook to unveil new cryptocurrency; Visa and PayPal among partners
Regulators have been reticent about cryptocurrencies, not only due to potential abuse by criminals but the wild swings in their value harming consumers.