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Embracing Disruption: The Path to ‘Insurance for All’ by 2047 – by IRDAI Chief Debasish Panda

IRDAI Chairman Debasish Panda stressed the need for insurers to adapt to disruptions and aim for ‘insurance for all’ by 2047. In a recent address at a global actuaries conference, IRDAI Chairman Debasish Panda highlighted the imperative for insurance companies

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Is it Time to Put AI in Charge of Pricing Strategies? Most Firms Seem Hesitant to Take the Leap

Despite corporates enthusiasm for AI, its use in pricing strategies — using algorithms to determine optimal prices for goods and services — is yet to gain the approval of many. More than half of those canvassed by data and technology

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Major Tech Boost for Logistics Sector

How 5G technology will keep the supply chain moving… PwC predicts that wide-scale development of 5G communication networks will contribute an additional $1.3tn to global GDP by 2030. With logistics and transport among the primary target sectors for the technology,

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Peace-of-Mind for Financial Services Industry in 2024

In an industry where compliance is crucial, misplaced security ‘can be an operational death sentence’. Digital workspace solutions firm Espria is hosting a series of IT industry conversations this year, covering security, document solutions, communications, and automation. It will work

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Judges Approve use of ChatGPT in Legal Rulings, Despite Its Tendency to Fib — and ‘Invent’ False Cases

Fallible AI gets the go-ahead in Britain to summarise lengthy texts and perform ‘administrative’ court tasks. UK judges will be allowed use ChatGPT to help write legal rulings — despite warnings that the technology can “invent” cases that never happened.

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‘The Madman’ Takes Charge: Javier Milei Inaugurated President of Impoverished Argentina

In his inaugural address to the nation on Sunday, delivered on the steps of the Argentina’s domed neoclassical congress, President Javier Milei (53) repeatedly reminded the crowd that “all the money” has gone and austerity looms. His message was met

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James Caan CBE, an Ambassador for the Transformational Power of AI Development, Welcomes the £500m Boost for AI Development in the Autumn Statement

AI has the power to be a game changer for the UK economy, and so I was incredibly relieved to see the Chancellor pledge £500 million into AI development in his Autumn Statement. It’s investment at a level that matches

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From Beeb ‘Rescue’ to Champion of a Break-out Platform for Content Creators

Ben Lavender, the man once credited with ‘saving the BBC’, is now backing a disruptive online platform. The former founder of BBC iPlayer is helping to formulate a platform to help content creators get their work noticed — and financially

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Money, Munitions, Military Outlay, and EU’s Plight in War of ‘Catch-up’

There is no more enduring truth than that expressed by Roman statesman and philosopher Marcus Tullius Cicero: ‘The sinews of war are infinite money.’ The peace dividend, now exhausted, delivered European countries €4.2tn (£3.6tn) over the past 30 years —

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Binance Teeters as Regulators Close-in on Troubled Exchange

Crypto is having another ‘moment’. Wim Romeijn takes a look for CFI.co… Binance, the largest exchange for trading digital currency and its derivatives, is in distress. A dozen senior executives have left, and the company has fired 1,500 staff as

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