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Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

by AIP Online Bureau | Oct 30, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology

India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 – a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1...
Australia sues Microsoft over AI-linked subscription price hikes

Australia sues Microsoft over AI-linked subscription price hikes

by AIP Online Bureau | Oct 27, 2025 | Eco/Invest/Demography, International News, Regulation, Technology

The Australian Competition and Consumer Commission (ACCC) alleged that from October 2024, the technology giant misled about 2.7 million customers by suggesting they had to move to higher-priced Microsoft 365 personal and family plans that included Copilot...
Global financial watchdogs to ramp up monitoring of AI

Global financial watchdogs to ramp up monitoring of AI

by AIP Online Bureau | Oct 14, 2025 | International News, Regulation, Risk Management

Banks have been broadly optimistic that AI will make them more productive, but regulators around the world have expressed concerns about its potential impact on financial stability Global financial regulators have laid out plans for closer monitoring of artificial...
Global financial watchdogs to ramp up monitoring of AI

Minister of Communications cautions against AI’s unchecked risks

by AIP Online Bureau | Oct 11, 2025 | Eco/Invest/Demography, Indian News, Risk Management, Technology

“Facial recognition systems have misidentified minorities with up to 80% error rates, while in healthcare, AI misdiagnosed 20% of tuberculosis cases in Uttar Pradesh hospitals—underscoring the danger of opaque, unaccountable systems”Pemmasani Chandra...
NITI Aayog unveils roadmap on AI to empower 490 million informal workers

NITI Aayog unveils roadmap on AI to empower 490 million informal workers

by AIP Online Bureau | Oct 9, 2025 | Eco/Invest/Demography, Indian News, Pension & Social Security, Policy, Technology

NITI Aayog’s Mission Digital ShramSetu will harness AI, blockchain, immersive learning, and other frontier technologies to dismantle structural constraints — ranging from financial insecurity and limited market access to lack of skilling and social protection —...
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