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Zurich Hong Kong launches domestic helper insurance plan

by AIP Online Bureau | Aug 25, 2021 | Health, International News, Non-Life

  HONG KONG SAR: Zurich Insurance (Hong Kong) announced today the launch of the new "Helpersafe" Domestic Helper Insurance Plan, to meet the ever-changing protection needs of employers and domestic helpers. In addition to the coverage of traditional...

Munich Re unveils predictive technology for life insurers

by AIP Online Bureau | Aug 25, 2021 | Health, International News, Life, Technology

  Singapore: Munich Re Automation Solutions, the leading provider of insurtech solutions to the life insurance industry, has launched its advanced predictive underwriting enablement technology, Predictor. Over the last few years, firms have come to understand how...

Finance Ministry exploring insurance bonds as alternative to bank guarantees

by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Reinsurance

  New Delhi: The government is considering to introduce insurance bonds as an alternative to bank guarantees, Finance Secretary T V Somanathan said here on Tuesday. Somanathan made the announcement during a meeting between industry captains and Finance Minister...

IBM’s new processor to detect fraud in real-time

by AIP Online Bureau | Aug 25, 2021 | Indian News, Risk Management, Technology

  BENGALURU: Tech giant IBM on Tuesday unveiled details of the upcoming new IBM Telum Processor, designed to bring deep learning inference to enterprise workloads to help address fraud in real-time. Telum is IBM's first processor that contains on-chip...

Millions of Microsoft-stored data records mistakenly exposed

by AIP Online Bureau | Aug 25, 2021 | Eco/Invest/Demography, International News, Technology

Some 38 million records stored on a Microsoft service, including private information, were mistakenly left exposed this year, security firm UpGuard said Monday. The data, including names, addresses, financial information and Covid-19 vaccination statuses, was made...
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