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IRDAI penalises Bagic and Go Digit for violating its normsĀ 

by AIP Online Bureau | Sep 13, 2019 | Indian News, Non-Life, Regulation, Technology

  Hydearbad: The insurance regulator IRDA has slapped a penalty of Rs 7 lakhs against Bajaj Allianz General  Insurance Company(BAGIC) for violating various regulatory norms including provisions of the guidelines on Motor Insurance Service Provider(MISP)...

Regulatory Sandbox a win-win position for regulators and Start-ups:IRDAI

by AIP Online Bureau | Sep 13, 2019 | Indian News, Life, Non-Life, Regulation, Technology

  Mumbai:  Launching the  Regulatory Sandbox, Sujay Banarji, member, distribution, Insurance Regulatory & Development Authority of India (IRDAI), said “Regulatory Sandbox will foster collaboration and further the interests of all...

AI, analytics among tech skills highest in demand: Infosys

by AIP Online Bureau | Sep 12, 2019 | Eco/Invest/Demography, Facts, Technology, Trends, Facts, Workplace/Employee Benefits

  New Delhi: Technical skills that are in the greatest demand today are analytics, user experience, automation, IT architecture and Artificial Intelligence, revealed new research from Infosys on Thursday.   Infosys looked at two perspectives on the barriers...

Analysts see 2020 reinsurance price hikes due to catastrophes

by AIP Online Bureau | Sep 12, 2019 | Eco/Invest/Demography, International News, Reinsurance

Insurers are increasingly concerned about the impact of bad weather linked to climate change, with an increase in wildfires in California among the most costly in recent years, something S&P said could see rates there jump 30-70%.   Big insurance losses from...

91% Indians feel smart devices improve their overall health

by AIP Online Bureau | Sep 12, 2019 | Facts, Technology, Trends, Facts

  BENGALURU: Technology is making the Indians feel much younger, healthier and more emotionally connected, with 91 per cent respondents believing that smart devices, such as computers and smart displays are having a positive impact on the ability to improve their...
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