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National Insurance Academy seeks partnerships to venture into hi-tech research and training: new Director

National Insurance Academy seeks partnerships to venture into hi-tech research and training: new Director

by AIP Online Bureau | Aug 14, 2023 | Indian News, Life, Non-Life

“We are keen on taking insurance related initiatives to the masses through new age technologies like AI, ML and Blockchain etc and undertake research in the areas of Cyber security, Financial Inclusion, Social Security, Crop yields, Risk Management, allied areas...

WTW launches Climate Vista to bridge climate skills gap in the boardroom

by AIP Online Bureau | Aug 14, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Regulation

Christopher Au, Director, Climate and Resilience Hub, Asia Pacific at WTW, said: “Regulations and best practices across Asia Pacific are increasingly requiring Boards to demonstrate climate skills. Our insurance partners are also setting expectations for those seeking...
RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision

RBI selects McKinsey and Company, Accenture Solutions to use AI, ML to improve regulatory supervision

by AIP Online Bureau | Aug 13, 2023 | Banking & Bancassurance, Indian News, Regulation, Technology

The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts Mumbai: The...

After short breather; FPIs invest in equities on global uncertainty, concerns over China

by AIP Online Bureau | Aug 13, 2023 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

”Since the markets have rallied smartly during the last three months, some profit booking by FPIs would be rational and can be expected, ”VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, said New Delhi: Foreign Portfolio Investors...
Indian tech industry leaders fast adopting GenAI, albeit with caution

Indian tech industry leaders fast adopting GenAI, albeit with caution

by AIP Online Bureau | Aug 13, 2023 | Eco/Invest/Demography, Features, Risk Management, Technology

Relying heavily on generative AI without the necessary checks and balances from a human expert to validate the results can lead to potentially unsafe and/or unethical or biased applications, Prabhakar Srinivasan, Director of Technology, AI/ML/Data Science at Synechron...
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