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UK tells tech firms to ‘tame algorithms’ to protect children
The plan by regulator Ofcom is one of more than 40 practical steps...
Worsening Weather: A $25 billion Market Opportunities
Most large and listed European companies are now required to...
Robots not a threat to human labour: Microsoft chief Satya Nadella
If robots do replace humans, he says mechanisms such as universal basic income may be needed, drawing comparisons with the labour movement, but that humans will always need jobs.
Google, Facebook face over $9 bn in fines under new EU data protection law
GDPR, designed to designed to give individuals in the European Union (EU) more rights to control their personal information, came into effect on Friday
World’s first blockchain platform for marine insurance now in commercial use
By connecting participants in a secure, private network with an accurate, immutable audit trail and services to execute processes, the platform establishes a first of its kind digital insurance value chain
XL Catlin unveils autonomous tech insurance
Mike McGavick, chief executive officer of XL Catlin, said: “Autonomous technologies are changing the world around us, the way companies operate and the risks they face. We recognise the new and complex risks that are emerging and, as underwriters, we know we have the expertise to develop and deliver the right insurance solutions
Employers in India expect workplace automation to double over the next three years:Willis
However, contrary to the traditional outlook where automation was believed to replace humans to minimise costs, the study found that more than half the companies in India believe that automation will augment human performance and create new work, not replace it.
Enhancing Customer Experience with robotic process automation
Given the importance of actuarial science in insurance, robotic process automation (RPA) is the right fit for this industry
Insurtech firmLemonade launches world’s First ‘Open Source’ Insurance Policy
Lemonade has rewritten the generations-old insurance policy, making it simple, relevant, approachable, digital, and in plain English.
QR codes on autos, cabs to give driver details to be mandatory in Delhi
“From mid-June, Himmat Plus compatible QR codes will be mandatory for permit holders of all autos, taxis and other public service vehicles. Violations will invite penalty of Rs 5000,” officials said
Bringing eco-friendly vehicles in India an issue due to lack of policy: Honda
“We (Honda) have declared that two-thirds of our production by 2030 will be non-conventional, either hybrid or plug-in or electric or fuel cell. So in line with that we have all the technologies available,” Honda Cars India Ltd (HCIL) Senior VP and Director Marketing and Sales Rajesh Goel told here.
Building Data Equity in the world of Insurance!
Increasing number of Indian Insurers are now adopting analytics to gain competitive differentiation in an industry where very little innovation has taken place.