Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The adoption of AI and ML has revolutionized the insurance industry in India. These technologies have been used for risk management, customer on boarding, and renewal collection, said Rajesh Krishnan, Chief Operations Officer, Bajaj Allianz Life. When the private insurance sector found Read More …
While risk management is foundational for the insurance industry, companies often use outdated technology to identify and assess potential threats. If they utilize the Internet of Things instead, they can improve their standard practices and significantly benefit. Do Risk Management Practices Read More …
The insurance industry has undergone significant changes over the years. The integration of advanced technologies such as artificial intelligence (AI) has paved the way for further evolution, offering improved efficiency, reduced costs and enhanced customer experience. Various AI applications are currently Read More …
The increasingly noticeable negative effects of climate change have led to many regulatory initiatives and requirements in the insurance industry, both European and national. For this reason and due to growing customer preferences for sustainable insurance and financial products, insurance Read More …