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YC-backed Curacel unveils new API platform that enables tech-led businesses to offer insurance

TechCrunch

Curacel , the YC-backed startup that is developing insurance infrastructure for the African market, has launched a new interface that allows digital businesses like those in retail, fintech, e-commerce and logistics to add insurance to their core products. Insurance companies were losing a lot of money to fraud.

Insurance 232
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Applications and innovations in the Internet of Things (IoT)

Hacker Earth Developers Blog

The Internet of Things (IoT) is a system of interrelated devices that have unique identifiers and can autonomously transfer data over a network. Philips e-Alert is an IoT-enabled tool that monitors critical medical hardware such as MRI systems and warns healthcare organizations of an impending failure, preventing unnecessary downtime.

IoT 283
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Cybersecurity Snapshot: How To Boost the Cybersecurity of AI Systems While Minimizing Risks

Tenable

In addition, cyber insurance demand is forecast to grow robustly. As nations and organizations embrace the transformative power of AI, it is important that we provide concrete recommendations to AI end users and cultivate a resilient foundation for the safe development and use of AI systems,” she added. And much more! billion in 2023.

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Revolutionizing Auto Insurance: How InsurTechs are Lowering Auto Insurance Costs with Usage-Based Policies

Trigent

Usage-based insurance, often referred to as UBI, has shot to popularity due to its immense potential for insurers when it comes to customization and cost savings. In-car technologies and the surge in connected cars significantly contribute to the growing market size of usage-based insurance. percent between 2023 and 2032.

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How To Obtain the Right Cybersecurity Insurance for Your Business

Tenable

Cyber insurance has become a necessity, and the cost and effort to obtain it can be considerable. Check out the invaluable advice from a panel of experts from the insurance, legal and cybersecurity fields. Cyber insurance has increased in popularity, going from a “nice to have” to a “must have” for many organizations.

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Cybersecurity Snapshot: What’s in Store for 2024 in Cyberland? Check Out Tenable Experts’ Predictions for OT Security, AI, Cloud Security, IAM and more

Tenable

Their 2024 forecasts include: A bigger security role for cloud architects; a focus by ransomware gangs on OT systems in critical industries; an intensification of IAM attacks; and much more! Before issuing coverage, cyber insurers will conduct their due diligence process more stringently.

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CIOs in financial services embrace gen AI — but with caution

CIO

Generative AI is starting off a new age of exploration in IT,” says Frank Schmidt, CTO at insurance firm Gen Re. With AWS’ strict data security, it prevents any data going outside of AWS, that ensures the models are clean and don’t access the whole internet like OpenAI does,” says Brian Baral, Genpact’s global head of risk management.