Hundreds of motorists have posted complaints on X alleging reduced...
Category:
Technology
Latest
Aviva and AXIS launch new Lloyd’s consortium to power UK renewable energy growth
The partnership brings together two of the London Market’s leading...
Social media platforms accountable to Indian laws, investigation agencies: Allahabad High Court
The court made the observations when an investigation officer...
Agriculture Insurance Company settles Rs9,571 cr of claims, benefits more than 1.75 crore farmers in FY26
AIC strengthened its technology-enabled insurance ecosystem through the use of advanced analytics, geospatial technologies, satellite imagery, remote sensing and AI-based tools, Lavanya Mundayur,CMD, Agriculture Insurance Company New Delhi:State owned Agriculture...
Insurers underestimating earthquake losses due to “sonic boom” blind spot:MS Amlin
Researchers at the Lloyd’s insurer found so called “supershear” earthquakes accounted for 66% of insured losses from earthquakes since 2016 – equivalent to $13.2 billion - yet are absent from seismic hazard models, building design codes and insurance catastrophe...
Munich Re appoints new Cyber Heads for Asia-Pacific and Africa markets
“While mature markets benefit from broader claims experience and greater transparency, limited loss data in less mature markets should not be mistaken for lower malicious or non-malicious exposure.These markets require even stronger underwriting discipline and careful...
Aon expands its global capability centre in Bengaluru
“India continues to play a critical role in our global operations, and this investment reflects our long-term commitment to growing our capabilities here. By expanding our presence with a modern, highly collaborative environment, we are strengthening connectivity,...
Anthropic broadens availability of Mythos, extends access to 150 new groups
Mythos has emerged as a focal point for the San Francisco-based company in recent months. Anthropic has said that the software is capable of identifying and exploiting vulnerabilities “in every major operating system and every major web browser when directed by a user...
AI investments rise, but expected savings remain elusive, says Bain’s global survey
“Despite a decade of investments in data modernization running well into hundreds of billions of dollars globally, the No. 1 reason AI programs underperform is that companies cannot reliably get access to their own data,” Bain said. Cost savings from automation are...
Geopolitical and AI-related risks among top concerns for directors and officers worldwide:Willis
Artificial intelligence has seen a significant increase in the proportion of respondents ranking it as a very or extremely important risk (up 5% to 56% of respondents globally). LONDON: 59% of directors and officers now consider geopolitical risks to be very important...
LIC considers fintech arm amid push for technology-led expansion
"So, both go hand in hand…we are engaging the fintech players but whether it can be a strategic partner, we are looking at various options available and we may be coming up with something…our first aim is to modernize our IT applications and become as agile and...
Govt launches AI-enabled Chatbot to help citizens lodging grievances online
Citizens can now lodge grievances by simply speaking, in their own native language; the system automatically identifies the right Ministry and Department New Delhi:The Centre on Saturday unveiled an Artificial Intelligence (AI)-enabled chatbot to help citizens raise...
Indian court ruling on Google keyword ads could reshape online advertising
The court said Google allowed rivals of India's Hindware to use "Hindware" as a keyword to target their own advertising. The ruling said, "the manner in which Google operates its AdWords Policy makes it clear that Google sells or auctions the use of the trademark …...