Charging system
The "charging system" includes various elements, like home and outdoor charging infrastructure, as well as hardware components such as charging stations, ports, connectors, cables, and the necessary software for user authentication, billing, and remote monitoring. The range of EV charging systems varies from home-based Level 1 (120 Volts) chargers to public Level 2 (220/240 Volts) chargers and high-power DC (480 Volts) fast chargers, all designed to meet the diverse needs of electric vehicle owners. The primary hazard associated with EV charging is fire. The cause of the fire is often outdated electrical wiring and an unstable power supply in the charging location. If charging is done at home, such incidents could damage both the EV and the property.
When using public charging stations, the consequences may extend to damaging other vehicles and nearby properties. The charging stations and ports are exposed to weather events like heavy rain and flooding that could pose risks. Additionally, these stations are susceptible to acts of vandalism, such as tampering with electrical components or the charger, which could cause serious accidents during charging. Charging involves the transmission of high-voltage electricity, and malfunctions can result from factors such as physical damage, wear and tear on the charging port, connector, cable, or software glitches. There is also a potential risk of electric shock from a compromised charging system.
هذه القصة مأخوذة من طبعة July 2024 من THE INSURANCE TIMES.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 2024 من THE INSURANCE TIMES.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
"With over 15 years in the insurance industry, I've focused on steering our company toward profitability and market leadership. Recognizing gaps in policy understanding and time-consuming processes, we founded Riskbirbal Insurance Brokers to offer quick, Al-driven solutions."
Syed Meraj Naqvi is a visionary leader known for his astute business sense and a proven history of propelling overall growth. With over a 15-year career in the insurance industry, he has consistently guided the company towards profitability and carving a prominent position in the market. Today, Naqvi has plans to integrate cutting-edge technology in the insurance and risk management industry and provide seamless experience to small & medium businesses. Thus, he aims to create insurance products and risk management services that involve a mixed model of POS and direct engagement, facilitated by robust software solutions.
Retirement Planning: How insurance can contribute towards building a robust retirement fund
\"Retirement phase of our life is a milestone where we bid adieu to a traditional work routine and set out to begin a new chapter. It's a wonderful phase where we seek to fulfil many of our dreams and aspirations that may have been on hold during the working years.\"
What is next for Insurance Distribution?
In today's fast-paced world, the only constant is rapid change. While change has been a buzzword across all industries, insurance was often perceived as slow and unyielding due to its complex regulatory environment and the nature of its products. However, the last decade has turned this perception around.
Revolutionizing Insurance - The Impact of InsurTech on the Future of Risk Management
InsurTech, short for Insurance Technology, involves using technological innovations to improve efficiency and reduce costs in the insurance industry. The innovations harnessed in InsurTech typically come from fields such as big data, artificial intelligence, machine learning, IoT (Internet of Things), and blockchain.
Mary Celeste: Salvage Insurance Fraud or Real Mystery - Historical Maritime Fraud
BRIG: Two-masted square-rigged ship, typically having an additional lower fore-and-aft sail on the gaff and a boom to the mainmast. Till the beginning of 20th Century it was using for sea trading.
Pension to Elderly Women- A step towards dignified grey years
In India, joint family system was the basis to meet all the social security needs of the joint family members, whether it was poor health, old age, financial or emotional support to the widow and children of any deceased member of the family. With urbanization, industrialization and migration, India witnessed a gradual disintegration of this system, which necessitated the need of a formal social security system.
Effect of Electric Vehicles on Motor Claims
Electric vehicles (EVs) differ from combustion engine vehicles, particularly in terms of torque. The torque of an electric vehicle is more linear, providing instant maximum torque, whereas in a combustion engine, maximum torque is reached gradually after the vehicle achieves a certain speed and engages in regenerative braking.
Curing Insurance Phobia
In my last article, \"Insurance Phobia\" published in the \"Insurance Times\", I enumerated various aspects of why people are afraid of insuring as they feel that insurance is not a transaction worth spending money on for reimbursement of unfortunate loss. They say that they go on insuring but no claims are made.
"The insurance sector in Nepal has really come a long way in the past decade. It has seen some major changes that have boosted its growth and brought it into the modern era.The amount of premiums has been growing at a rate of about 20% every year, from 2010 to 2020."
Mr. Susil Dev Subedi currently holds the position of Director at the Nepal Insurance Authority and serves as the Chief Executive Officer of the Insurance Institute of Nepal (IIN). With 17 years of experience in the industry, Mr. Subedi has led key departments including Supervision, Regulation, Policy, Research, and IT.
Insurance Caselaws
NCDRC Orders Reliance Life Insurance Company To Pay Rs 1 Crore And 50k Litigation Costs.
