Swiss Re, one of the world's leading reinsurance companies, has revealed an estimated loss of less than $700 million due to the devastating wildfires in Los Angeles, California. This substantial loss represents approximately 35% of Swiss Re's total annual budget allocated for natural catastrophes
Following the COVID-19 pandemic, the manifestation of risk on all levels became jarringly evident. This prompted the insurance industry to take a long look in the mirror and face the fact that current insurance practices only provide broad coverage, excluding the depths of modern-day factors. So,
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. This interview will delve into the recent launch of the MyGo+ app by Lippo General Insurance (LGI), its innovative use of AI to promote safer
Simon Glairy is a recognized expert in the fields of insurance and Insurtech, with a specialized focus on risk management and AI-driven risk assessment. Today, he shares his insights into the evolving landscape of customer service CRM, discussing cutting-edge trends, AI advancements, and
The advancement of artificial intelligence (AI) technology has brought about numerous benefits, from automating mundane tasks to creating hyper-realistic digital content. However, this innovation has also given rise to a new form of cybercrime: deepfake fraud. The manipulation of audio, video, and
Recent updates to Privacera’s AI Governance (PAIG) platform signify a significant leap forward in AI risk management and compliance, underscoring the company's dedication to these crucial areas. Privacera has aligned the PAIG platform with the National Institute of Standards and Technology's (NIST)
The modern aviation industry places a high premium on ensuring the highest levels of safety and operational efficiency, where even the smallest oversight can lead to significant risks. In a dramatic illustration of this principle, Airbus recently leveraged the power of big data to proactively
The Central Board of Indirect Taxes and Customs (CBIC) has recently announced its plan to implement an automated refund system for customs duty under Circular No. 05/2025-Customs, dated February 17, 2025. This significant move aims to streamline the customs processes, making them more efficient,
Fitness trackers have come a long way since their inception, evolving from simple step counters to sophisticated devices capable of monitoring a wide range of health and fitness metrics. In 2025, the market is flooded with options, each offering unique features tailored to different needs and
The coffee industry has undergone significant transformations over the years, with customer service remaining a pivotal aspect of its evolution. As automation becomes more prevalent, coffee shops face the challenge of maintaining authentic customer service while leveraging technological
