by AIP Online Bureau | Aug 13, 2025 | International News, Technology
“Insurers are increasingly turning to technology to help unlock growth and profitability… We will work with the company (Sapiens) to accelerate investment into technology innovation, AI, and customer centricity,” Douglas Hallstrom, a director at Advent, said in a...
by AIP Online Bureau | Aug 13, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
“The report envisions a financial ecosystem where encouraging innovation is in harmony, and not at odds, with mitigation of risk,” the RBI said in a statement MUMBAI: An RBI panel has recommended that banks and other financial institutions formulate a...
by AIP Online Bureau | Aug 9, 2025 | Facts, Risk Management, Technology, Workplace/Employee Benefits
Jobs that will be most affected by AI: Ticket agents/travel clerks,legal assistants (routine drafting),Telephone operators,Finance/insurance underwriters doing rote tasks,Coders doing repetitive tasks,Junior marketing researchers,Customer service representatives,Basic...
by AIP Online Bureau | Aug 8, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology
“With cost optimization being the key driver for new deal wins, clients are asking for productivity benefits – a trend which is also growing due to the rise in AI adoption. This requires IT firms to do more work with the same number of employees or the...
by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Reinsurance, Risk Management, Technology
Prasanna Kumar, head of cyber solutions for India at Aon, said, “We are witnessing India adopt AI at a rapid pace, which brings a host of new risks. Data poisoning attacks can compromise the integrity of critical AI systems and deepfake technology is now being used to...
