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AI’s biggest challenge is restoring trust in Indian insurance industry: PwC

AI’s biggest challenge is restoring trust in Indian insurance industry: PwC

by AIP Online Bureau | Jul 7, 2026 | Indian News, Life, Non-Life, Technology

L-R-Girija Subramanian, CMD, New India Assurance, G Srinivasan, MD&CEO, Galaxy Insurance,SK Kanwar of Reliance Industries, BC Patnaik, Director, National Insurance Academy, Amit Roy, Partner and Leader, Insurance & Allied Business, PwC releasing PwC’s...
UK’s Cooper warns AI is emerging as decade’s greatest security risk

UK’s Cooper warns AI is emerging as decade’s greatest security risk

by AIP Online Bureau | Jul 6, 2026 | Eco/Invest/Demography, Intermediaries, Non-Life, Risk Management, Technology

Yvette Cooper, foreign secretary , UK A recent report for the United Nations warned of potentially “catastrophic outcomes” from AI being used to facilitate cybercrime, fraud and disinformation. It said the development of the technology was outpacing governments’...
AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

AI to transform insurance, strengthen India’s risk management ecosystem: DFS Addl Secy

by AIP Online Bureau | Jul 4, 2026 | Eco/Invest/Demography, Indian News, Life, Non-Life, Policy, Technology

Dr. Debasish Prusty, Additional Secretary, Department of Financial Services is addressing the India Insurance Summit 2026 in Mumbai on Friday. Girija Subramanian, Chairman and Managing Director, New India Assurance is seen on the dias. The India Insurance Summit 2026,...
AI:From analytics to workforce and workflow

AI:From analytics to workforce and workflow

by AIP Online Bureau | Jun 25, 2026 | Data, Life, Non-Life, Reinsurance

AI is rapidly becoming the new divider between leaders versus followers and laggards in insurance.Insurers leading are redesigning their operational model leveraging a cloud and AI-native core technology foundation that deeply integrates AI into the business and...
RBI proposes guidelines for banks to manage AI risks

RBI proposes guidelines for banks to manage AI risks

by AIP Online Bureau | Jun 24, 2026 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Risk Management

Banks should establish human oversight for ​AI models used in automated decision-making, ​the ⁠draft guidelines said.For generative AI models that interface with customers or external users, ⁠additional ​cybersecurity controls should be implemented. MUMBAI:...
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