In recent years, wearable tech has emerged as a transformative force in the world of technology. These innovative devices, designed to be worn on the body, have not only revolutionized our lives but have also opened up new possibilities in various industries. From fitness trackers and smart watches to augmented reality glasses and smart clothing, wearable tech has become an integral part of our daily routines.
At the core of the health tech revolution lies the integration of technology and biology. Actofit, a prominent player in the industry, has successfully harnessed this synergy to develop a range of cutting-edge fitness products. Their smart scale, wearable devices, and impulse workout tracker enable users to track various body composition parameters, exercise routines, heart rate, and sleep patterns. By providing comprehensive health data, Actofit empowers individuals to embark on their fitness journey armed with the necessary information.
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Denne historien er fra July 2023-utgaven av THE INSURANCE TIMES.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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About Dr Anil Subba Rao Paila
IRDAI Corner
Insurance Regulatory and Development Authority of India (Insurance Fraud Monitoring Framework) Guidelines, 2024
Insurance Caselaws
The Himachal Pradesh State Commission orders Oriental Insurance Co. to pay Rs. 7.9 lakhs for repudiating an insurance claim solely because of delayed notification.
New Product Launches
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Gunford: Marine Insurance Fraud or Purely Coincidence!!
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The terms of the insurance contract require strict construction without eschewing or adding the words in the contract. However, insurers are exempted from any liability where the loss is attributable to an excluded peril specified in the exclusion clause or not mentioned in the covered causes/perils/risks/loss.
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I notice that the world has significantly changed over the last five years due to black swan events (like Covid-19), geopolitical upheavals affecting supply chains (like situation in Middle east and Eastern Europe) and tech advances (like Al, robotics) have reshaped the risk landscape. Risk professionals must now adapt faster than ever to navigate these disruptions to ensure business resilience.
International News
Growing demand in Europe: Munich Re remains disciplined while further expanding
Life Insurance News
About 7 crore people have subscribed to the Atal Pension Yojana (APY) whose corpus has swelled to Rs 35,149 crore, Finance Minister Nirmala Sitharaman said.
