Against a backdrop of geopolitical and economic challenges, more...
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Google ad tech class action gets go ahead from London court
Should the claimants prove that the Alphabet Inc. unit preferred...
EVs for sustainability: Navigating New Challenges
ICICI Lombard’s new study highlights how Electric Vehicles are...
Uber to unveil next-generation Volvo self-driving car
In March 2018, authorities in Arizona suspended Uber’s ability to test its self-driving cars after one of its XC90 cars hit and killed a woman crossing the street at night in the Phoenix suburb of Tempe, Uber’s largest testing hub. The crash was the first death attributed to a self-driving vehicle.
“Tech and cyber dominate insurers’ horizon scanning of business risks”
Urgent need for business and technology modernisation poses the greatest threat to the global insurance industry according to the survey. At the heart of responses was the view that many sector players are weighed down by legacy business models and IT infrastructure that are poorly equipped to handle the changing demands of the industry.
Singapore’s new IP insurance initiative to support innovative enterprises enter global markets
In advanced economies such as the USA, more than 80 per cent of enterprise value of S&P 500 is already in the form of intangible assets. These trends are increasingly driven by Asian economies, with Asian IP filings growing at the compounded average growth rate of 12.7 percent from 2007 to 2017, twice as fast as the rest of the world.
Microsoft launches AI digital labs in India, to train 1.5 lakh students
“As AI becomes mainstream, organisations will require talent with skill sets that are very different from what exist now. Educators and institutions are integral to the skilling revolution taking root in the country,” Microsoft India President Anant Maheshwari said.
UK’s Legal & General Partners with Amazon to Create Blockchain System for Pensions
Blockchain suits “the long-term nature of annuities business as it allows data and transactions to be signed, recorded and maintained in a permanent and secure nature over the lifetime of these contracts, which can span over 50 years,” Thomas Olunloyo, CEO of Legal & General Reinsurance said.
Motorbike Taxi Firms to Offer E-payment, Insurance Services in West Africa
As in Asia, the companies are also looking to turn their ride-hailing apps into one-stop mobile shops offering a host of services from e-payments to deliveries to insurance – the kind of strategy that transformed Indonesia’s Go-Jek into a $10 billion company in less than a decade.
Indian Millennials prefer buying larger Health Cover:Policybazaar
The latest trend of shifting preference towards buying policies with higher sum insured is in sharp contrast to the millennial buying trends five years back, when Rs. 3 lakhs and 2 lakhs were the most sought after health cover marks.
Now weather forecasters shield India Inc from rainy days
According to Noida-headquartered Skymet Weather Services’ Founder and Managing Director Jatin Singh: “The business has gained traction in India as insurance, banking, agribusiness, commodity traders, retail and e-commerce, transportation and government institutions have become our clients over the years.
“We are India’s largest crop insurance settlement agency.”
In historic first, G20 weighs aging as global risk
Longer life-expectancy and sliding birth rates, particularly among wealthy nations, have resulted in a rapid expansion of the elderly population in places like Spain, Italy and South Korea, according to the Organization for Economic Co-operation and Development.
How Internet may be changing your brain
The research, published in the journal World Psychiatry, found the Internet can produce both acute and sustained alterations in specific areas of cognition, which may reflect changes in the brain