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Banking, financial institutions struggling to deal with increasing fraud incidents: Deloitte survey

by AIP Online Bureau | Jan 17, 2022 | Eco/Invest/Demography, Facts, Risk Management

Key reasons identified for the increase in fraud incidents over the next two years include large-scale remote working models, increase in customers using non-branch banking channels and the limited/ineffective use of forensic analytics tools to identify potential red...

LIC seeks bids for consultancy services for its digital transformation

by AIP Online Bureau | Dec 28, 2021 | Indian News, Life

The strategy drawn should be in line with LIC’s business strategy with the aim of organizational growth, sustainable competitive advantage, increased productivity of intermediaries, creating a unique as well as best value for customers, according to the EoI...

US Policyholders pull back from digital claims in post-pandemic insurance world

by AIP Online Bureau | Nov 22, 2021 | Health, Intermediaries, International News, Non-Life, Pandemic, Reinsurance, Technology

“We’re seeing some customers are heading back towards saying ‘I was willing to do that during lockdown, but I want to go back to a place where I can see people and speak to them directly’,” said Zurich’s Group Chief Claims Officer...
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