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World Health Day: India focusses on infrastructure development, quality care and transformative initiatives
In addition to the burgeoning hospital market, several other...
China may misuse AI to disrupt elections in countries like India and US : Microsoft
"With major elections taking place around the world this year,...
Uber halts driverless truck manufacturing to focus on Cars
San Francisco-based Uber faces competition from Silicon Valley companies including Tesla Inc. and Alphabet Inc.’s Waymo as well as traditional automakers such as Ford and General Motors in the race to bring self-driving cars to the market
IRDAI to unveil stringent customer data protection regulations vis-a-vis Insurtech
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The use of technology has an impact on product design and the efficiency of inclusive insurance delivery. However, it can pose certain risks.Data capture may pose several concerns and challenges, said IRDA’s Working Group’s report
SAS supports Insurers to meet IFRS 17 compliance
“The disparate nature of incumbent accounting systems, actuarial tools and data sources, conventionally with weak workflow and integration capabilities, will pose a significant hurdle for insurers to overcome in complying with IFRS 17, particularly as many grapple with IFRS 9 compliance in tandem,” said Cubillas Ding, Research Director at Celent
AI system can identify your personality from eye movements
Their findings show that people’s eye movements reveal whether they are sociable, conscientious or curious, with the algorithm software reliably recognising four of the Big Five personality traits: neuroticism, extroversion, agreeableness, and conscientiousness
Blockchain can add $5 bn to Indian economy in 5 years: Nasscom
Based on the distributed storage of data, Blockchain technology can enhance the speed of transactions while increasing transparency. It is widely recognised as having the potential to transform several sectors of the economy, including banking, financial
XL Catlin to build World’s first On-Demand Cyber Insurance Solution with Slice ICS
According to Greg Hendrick, president of XL Catlin’s Property & Casualty operations, “Slice’s ICS(Insurance Cloud Services) platform gives us the speed to market, scalability, and reliable on-demand experience that will empower our clients to move faster and more confidently knowing digital assets are protected by innovative technology, insurance, and claims processes.”
Companies missing financial impacts of rising IP litigation risks: Willis report
The top three countries for IP litigation are China, the U.S. and Germany. China’s frequency is steadily increasing with the number of IP cases filed doubling between 2013 and 2017
SoftBank plans entry into Insurance & Banking
The service, a collaboration with Indian startup Paytm, will make extensive use of artificial intelligence for mobile payments and other financial services,
Tech Mahindra partners with US-based LIFARS for Cyber Security Platform
“LIFARS and Tech Mahindra’s partnership is aimed at addressing the growing needs of customers to combat the rampantly increasing number of cyber threats, Rajiv Singh, Global Head of Enterprise Security & Risk Management, Tech Mahindra.
Chinese tech firms seek to shake up state-Run health sector with AI and Big Data
Alibaba’s push into healthcare reflects a wider trend in China, where technology firms are racing to shake up a creaking state-run health sector and take a slice of spending that McKinsey & Co estimates will hit $1 trillion by 2020.