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B3i founders form blockchain startup

B3i Services AG’s purpose is to provide insurance solutions on a blockchain platform that substantially improves efficiency across the value chain of the re/insurance industry — in some cases up to 30 percent. These innovative solutions benefit both insurance companies and customers through improved speed, transparency, quality, security, and cost.

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Robots can be risky,Allianz

AI-based applications will increase vulnerability of businesses to cyber-attacks and technical failure, leading to larger-scale disruption and loss scenarios
•Companies face liability challenges as responsibility shifts from human to machine and manufacturer. New framework needed to manage rise in AI-generated damages
•Risk management can help maximize the net benefits of AI. Five areas are crucial for identifying threats: software accessibility, safety, accountability, liability and ethics
•    Insurance industry is an early adopter of AI applications to automate repetitive processes, boost risk analysis and improve customer interaction 
 

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Porsche could build flying taxis, says sales chief

Porsche would join a raft of companies working on designs for flying cars in anticipation of a shift in the transport market away from conventional cars to self-driving vehicles shared via ride-hailing apps.Volkswagen’s auto designer Italdesign and Airbus (AIR.PA) at last year’s Geneva auto show presented a two-seater flying car, called Pop.Up, designed to avoid gridlock on city roads.

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The wait for the self-driving future is coming to an end

In just a few years these companies are promising to fill the roads with robo-taxis, driverless delivery vehicles, and sentient shuttles that will transform the way we move, upend industries, and ultimately reduce deaths by car accidents. By 2021 there will be 51,000 autonomous vehicles on roads worldwide, according to a new forecast from IHS Markit, with sales projected to rise to nearly 1 million by 2025 and an estimated 33 million by 2040. 

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