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AI LIMITATIONS IN INSURANCE CLAIMS
AI can decode your insurance policy, but can it predict your claim? Know the limitsNavigating health and life insurance policies can be daunting due to complex jargon and lengthy documents. AI can simplify understanding by...- ChatGPT starts exposing writers using AI with invisible watermarks; OpenAI says its texts, codes can be traced; how to avoid detectionOpenAI is rolling out invisible text watermarking for eligible ChatGPT and Codex output in the European Union, allowing its detector to loo...
- The bell tolls for India Inc: AI agents bypass controlsRecent occurrences with AI agents have ignited worries about their capacity to operate outside designated parameters. These entities have i...
- Reducing commissions may help curb mis-selling of insurance products; IRDAI’s role remains crucialThe Insurance Regulatory and Development Authority of India has announced new proposals to limit commission rates for insurance distributor...
- Owner denied insurance claim after car catches fire from a puncture on highway, insurer ordered to pay Rs 70.75 lakhA car owner whose vehicle caught fire after being parked on a highway following a tyre puncture was denied an insurance claim over the vehi...
- IT sector faces another muted quarter as pricing pressure, geopolitics weigh on growth: ReportIndia's IT sector is expected to see limited growth in Q2FY27 due to various pressures and headwinds. Predictions indicate large-cap firms ...
- TCS to take over Best Buy's India GCC under multiyear dealTata Consultancy Services has entered a multiyear agreement to acquire Best Buy's global capability centre located in India. While the fina...
- ACKO launches three products across motor, health and travelDigital insurer ACKO has rolled out three innovative offerings designed for motor insurance, healthcare, and travel needs. The DriveCam is ...
- Jio Financial, Allianz pump Rs 640 crore into general insurance JV via rights issueJio Financial Services and Allianz Europe B.V. have each invested Rs 320.05 crore in Jio Allianz General Insurance through a rights issue, ...
- IBAI flags job, growth risks from IRDAI’s proposed distribution reformsThe Insurance Brokers Association of India (IBAI) has warned that IRDAI’s proposed changes to insurance distribution could shrink distribut...
- ‘Focus on claim ratios, not commissions’: Bajaj General CEO on insurance reformBajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recen...
- Only ₹2 lakh was paid by Star Health against a claim of ₹4.28 lakh, citing a sub-limit clause: Here’s why the policyholder won ₹2.28 lakh moreA recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub...
- Man left BMW on highway after puncture, found it burnt next morning; insurer denied Rs 70 lakh claim; he fights back and wins claim money with 7% interestAccording to the insurer, the BMW owner made multiple policy violations. Specifically, he failed to immediately notify the police and the i...
- Anthropic says rogue AI agents pose uncertain legal risk for the companyAnthropic could face legal claims from customers and users over the actions of rogue artificial intelligence agents, though the legal frame...
- IT firms cut H-1B reliance; Anthropic flags AI risks in IPO filingTop Indian IT firms have sharply cut H-1B visa filings as rules tighten. This and more in today’s ETtech Top 5.
- India insurance growth to hinge on AI-led distribution, ecosystem partnerships: McKinseyThe insurance sector in India is expected to grow through AI-led distribution and ecosystem partnerships. Insurers are reassessing traditio...
- Cashless health insurance claims: What policyholders can do when hospitals and insurers clash over bills, approvals, and deductionsInflated bills, delayed approvals, arbitrary deductions. As hospitals and insurers trade charges, policyholders are left footing the bill. ...
- India’s healthcare AI opportunity could become the next big investment storyThe digital rails are ready. India now needs patient capital and founders ambitious enough to build on them.
- a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rulesHappy Monday! a16z’s Raghu Raghuram said India can build frontier AI companies by using its talent. This and more in today’s ETtech Morning...
- IRDAI proposal hits insurance stocks; FSSAI vs ecomm giantsThe insurance regulator has proposed new limits on commissions as part of a wider overhaul. This and more in today’s ETtech Top 5.
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