Researchers analysed land temperatures from all over the world and...
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Unauthorised transaction due to third party breach: Bank customer has zero liability, says HC
A division bench of Justices Girish Kulkarni and Firdosh Pooniwalla...
GI Council to develop a tech platform auto-generating jobs seamlessly to surveyors for retail claims: IRDAI
The system should be developed in such a manner that whenever a...
Govt defines child pornography, brings digital or computer generated content under WCD Ministry
The initiative to define child pornography has been taken by WCD Minister Smriti Irani to convey the message that from now there will be zero tolerance for child pornography and for that reason definition of child pornography was essential, the ministry spokesperson said.
Volvo’s autonomous trucking offer bundles pilots, insurance, services
Driverless transportation has been hailed as a transformative revenue opportunity, with the Boston Consulting Group expecting connected high-tech vehicles to generate about $150 billion of new profits for the auto sector by 2035.But regulatory, technological and infrastructure roadblocks stand in the way of deploying fully autonomous vehicles on public roads and the journey is proving long and costly.
Beware the hype around AI. It has fooled many
A similar tale can be told of each of AI’s dozen diverse areas. One is the area of multi-agent systems, which focuses on designing the interaction between autonomous software agents such as self-driving cars. Another is automated planning. Yet another is machine learning, which many mistakenly view as being synonymous with AI. The staples of each area don’t quite jibe even with Minsky’s loose definition.
DoT likely to start tracking system for lost, stolen mobiles next month
The Centre for Development of Telematics (C-DoT) is ready with the technology and the service is expected to be launched in August. “C-DoT is ready with the technology. The telecom department will approach the minister for its launch after the Parliament session. It should be launched in the next month,” a DoT official told PTI.
Eco Survey favours the idea of Digital Locker to store citizens’ critical data
DigiLocker makes all their documents available, in a verified format, in one place on the cloud. Citizens only need an internet connected device, smartphone or computer to access the locker.
AIR publishes its catastrophe exposure data schema publicly
“Across the insurance industry, as less time is spent converting formats or ensuring consistency among data sets, stakeholders will have more time to focus on improving the quality of their underlying data and making better risk management decisions,” said Bill Pieroni, CEO, ACORD
First blockchain-based agricultural insurance policies for smallholder farmers in Sri Lanka
Historically, there were major barriers preventing farmers from utilising insurance, including the lack of affordable and reliable insurance products, a lack of understanding about how insurance would help a farmer survive, and when and how a claim would be paid. This new blockchain technology directly addresses those issues as the insurance products are automated
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