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Onboarding is all about making sure that new teammates feel comfortable with their role, their team, and confident in their decision to work at your company.

Onboarding is the process of welcoming, educating, connecting, and acculturating new employees. Consider this, 91% of employees stay for at least a year when organizations have efficient onboarding processes. 69% of them stick around for at least three years where well-structured onboarding programs are employed.

Opting to improve the onboarding process gives new hires the incentive and motivation they need to succeed — and successful, happy employees are more likely to stick around. Satisfaction…


Big tech has made a dazzling entry onto the turf of legacy automakers by investing in technologies that have the potential to upend automakers’ business models. Electric vehicles, autonomous driving, connectivity, and shared mobility are challenging major OEMs to adapt to the fast-evolving consumer space.

Tech giants are now active in the automotive space at a momentous pace. With recent massive investments in startups across the auto and mobility sector by Amazon, Apple, Google, and Microsoft, their services are getting integrated across virtually every automaker. …


The Open Algorithms or OPAL paradigm wants to address the increasing need for individuals and organizations to share data in a privacy-preserving manner. Participants in the ecosystem will be able to obtain better insights through a collective sharing of algorithms, secured through a trust network.

Our digital world is fuelled by a massive generation of data from billions of digital devices, cameras, credit cards, and satellites. The collection and storage of digital information now encompasses a key aspect for all services and businesses. This mass datafication involves the physical world — be it weather, climate, the biosphere, human activity, which…


The role of emerging technology in creating business value for insurers is vital. By helping insurers sell more, manage risk better, and achieve operational efficiency, advanced tech is triggering agile and profitable business models.

Today’s fast-paced innovations are enabling companies to tap into the full potential of data-driven prediction modeling and machine learning. Insurers are actively utilizing emerging technologies — chatbots, IoTs, robotic process automation, telematics, and code platforms to improve loss ratios, risk selection and pricing, and operational efficiency.

But, the inclusion of emerging technologies to improve processes requires a steep learning curve, raising three major concerns — How…


The right car insurance can help protect you, your family members, and other drivers. But, how does one know, and choose the right insurance that fits your needs the best? Here’s a primer to understanding auto insurance, and knowing what all auto insurance can do for you.

We insure our vehicles not only as a mandatory requirement, but also for genuine peace of mind against accidents, damage, and theft. But how well do we know what our auto insurance covers? Is there something better that is on offer? Let’s de-mystify auto insurance for you.

Auto insurance is a policy that…


As an international team of computer scientists using theoretical calculations have shown that it would be fundamentally impossible to control a superintelligent AI ­ — whether such an AI will harm humanity is not conclusive. AI advanced enough to menace humanity is probably still a long way away.

Developments in AI have made impressive progress in the past decade, from driving cars, to composing symphonies, or playing chess better than anyone else. …


With a staggering number of road accidents around the world continuing to claim precious human lives, safety technology is evolving. AI-driven management systems are expected to make a huge difference in improving road safety and saving lives.

We are seeing safety technology being implemented by automakers, like lane-deviation alerts, while driverless cars are being developed — which are expected to feature the next level of advanced safety features like auto-braking, road-sign reading, and more. …


As the economic impact of climate change will move economies towards de-carbonization, and carbon-neutral investments, climate risk is going to alter insurance policies, portfolios, and assets. The insurance industry must prepare for the physical, and systemic effects of climate change by adapting new business models.

The effects of climate change are stronger and immediate, with increasing frequency of natural disasters, destruction of properties, and businesses now hitting record-breaking rates. According to McKinsey the value at stake from climate-induced hazards could increase from about 2 percent of global GDP to more than 4 percent of global GDP by 2050.

The changes…


Today it is well recognized that the mental health of employees is crucial to their overall health. Poor mental health and stressors at the workplace are a contributory factor to a range of physical illnesses such as hypertension, diabetes, and cardiovascular conditions. Burnout amongst employees seriously affects their ability to manage their personal and professional lives meaningfully.

The onus of employee mental health well-being lies with the company, and its ensuing culture. When employees feel valued, cared for, and appreciated, the morale and engagement of teams increase. And creating a positive and enabling work environment, with a culture of positivity…


Tesla’s long-expected entrance into insurance has sent waves through the insurance industry. Incumbents are now challenged to adopt Insurtech solutions for reduced accidents, changed risk profiles, and automated claims in a fast-evolving digital ecosystem.

When Elon Musk says that 30–40% of Tesla’s expected revenue will come from insurance, the world pays attention. With Tesla being the most valuable carmaker in the industry, this places the insurance business as one of its most valuable business units today.

Musk’s announcement during Tesla’s recent Q3 earnings call has revved up the insurance industry. “Obviously, insurance is substantial. So, insurance could very well be…

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