News That Matters

Tag: drones

Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Technologies like A.I., blockchain and drones ‘majorly’ disrupting insurance industry, report says

Finance
Insurance firms are facing increasing competitive pressure on all fronts due to the emergence of a number of insurance technology (insurtech) start-ups, according to a report.With the integration of technologies like artificial intelligence, blockchain and drones entering the insurance mix, the sector is being forced to rethink its model.The World Insurance Report, published Wednesday by consulting giant Capgemini and non-profit industry body Efma, found that nearly one third (31.4%) of customers relied on insurtech solutions - either exclusively or in combination with an established insurance company."Customers are seeking more digital touch points for convenience, as customers experience in their daily lives that degree of personalization," Keith Webb, vice president at Capgemini and co-...
Pentagon says it has released guidelines for shooting down civilian drones

Pentagon says it has released guidelines for shooting down civilian drones

Business
Aug. 7 (UPI) -- The Department of Defense has approved a policy that allows military bases to shoot down unauthorized drones in their airspace, according to the Pentagon.A Pentagon spokesperson confirmed the policy's existence to UPI but offered no further comment because it is classified. The policy was distributed in the last several weeks in response to growing concern among military commanders."The new guidance does afford the ability to take action to stop these threats and that includes disabling, destroying and tracking," Navy Capt. Jeff Davistold reporters this morning.Davis told reporters the policy had been sent out to military installations in July and covered the rules of engagement concerning private drones.He added that the policy had been coordinated with the Federal Aviatio...