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GenAI reshaping fraud prevention strategies in India- Experian Insight report

GenAI reshaping fraud prevention strategies in India- Experian Insight report

by AIP Online Bureau | Mar 19, 2025 | Articles, Eco/Invest/Demography, Risk Management, Technology, Workplace/Employee Benefits

Shail Deep, Chief Operating Officer (COO), Experian EMEA & APAC The report identifies a notable shift from individual fraudsters to highly organized fraud syndicates, a trend intensified by the advent of GenAI. 85% of businesses in India agree that GenAI has...

GenAI adoption projected to transform nearly 3.8 crore jobs in India by 2030

by AIP Online Bureau | Jan 14, 2025 | Data, Eco/Invest/Demography, Policy, Risk Management, Technology

“This revolution will fundamentally reshape jobs, driving productivity and innovation. Building talent pipelines and prioritising upskilling must be at the forefront of every organisation,” said Rajiv Memani, Chairman and CEO, EY India New Delhi: The Generative AI...
Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy

Work on to assess safety of AI; job loss from GenAI not intense in India: IT Secy

by AIP Online Bureau | Dec 12, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

“Safe and trusted AI is when you do the innovation, try and be responsible about it but there would be an assessment. We will try and see that it is safe and trusted in a manner that works for everybody. That is the other space that we are working on right now....

Hiscox unveils GenAI-enhanced lead underwriting platform

by AIP Online Bureau | Aug 13, 2024 | Intermediaries, International News, Non-Life, Reinsurance, Technology

By combining Hiscox AI Laboratories with Google Cloud’s generative AI, Hiscox now has the ability to remove manual elements of the underwriting process. Risks that are in scope are assessed using Google Cloud’s Gemini large language model, and the process generates an...

GenAI to contribute $100 bn in healthcare savings in Asia-Pacific by 2025

by AIP Online Bureau | Jan 29, 2024 | Data, Eco/Invest/Demography, Health, Technology

“With the advent of GenAI and the need for consumerization of care, the next five years are set to be the defining period for the healthcare sector, and we are currently at the starting point of this exciting journey,” said Manoj Vallikkat, senior research manager,...
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