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Artificial Intelligence, Machine Learning will help disrupt insurance models: Girish Kannali, Infogain

Artificial Intelligence, Machine Learning will help disrupt insurance models: Girish Kannali, Infogain

Finance
NEW DELHI: Insurance is among the most regulated sectors and the slowest to go digital. Its not easy for startups to navigate the space when the business is dominated by traditional companies. That’s all the more reason that the tech engine is right for digital startups in insurance space. Many of them in India are trying to sell covers that traditional insurers could not — like insuring bicycles or introducing sachet type products with premiums as low as Rs 20. In an e-mail interaction Girish Kannali, vice president & general manager, insurance & healthcare business unit, Infogain, discusses innovations in the insurance sector and more. Infogain is a mid-tier tech services company with a strong presence in the insurance vertical. Edited excerpts: What are some of the tech innova
Rare Nazi Enigma machine used during World War II up for auction

Rare Nazi Enigma machine used during World War II up for auction

World
May 29 (UPI) -- A rare code-making machine used by the Nazis during World War II is set to be auctioned off online on Thursday evening. California-based auction house Nate D. Sanders Auction has placed the so-called Enigma machine up for auction with a starting minimum bid of $ 200,000. The machine that is up for auction on Thursday is one of about 250 that were used in the war and still exist to day. It is also an M3 design with three rotors and matching parts, which makes it more rare. It also features the original wood, the original battery, portions of the leather strap, metal wheels with the Third Reich emblem and instructions written in German under the lid. Enigma machines were commonly used during WWII, but the number of models became scarce after Germany ordered them destroyed t...
Heath Robinson: WW2 codebreaking machine reconstructed

Heath Robinson: WW2 codebreaking machine reconstructed

Technology
A World War Two codebreaking machine has been reconstructed after a seven-year project so it can run in public for the first time.The Heath Robinson has been restored at The National Museum of Computing in Milton Keynes by a team of six.The machine was an early attempt to automate code-cracking and, due to its complexity, was named after the illustrator W Heath Robinson.Phil Hayes, of the museum, said the work was "quite an achievement".He said it was completed using a hand-drawn circuit diagram along with replica circuits based on 1940s technology. The elaborate appeal of Heath Robinson Tools 'that shortened WW2' donated "It was quite an achievement because all we had was a few photographs and a hand-drawn diagram," said Mr Hay...
AAAS: Machine learning 'causing science crisis'

AAAS: Machine learning 'causing science crisis'

Science
Machine-learning techniques used by thousands of scientists to analyse data are producing results that are misleading and often completely wrong.Dr Genevera Allen from Rice University in Houston said that the increased use of such systems was contributing to a “crisis in science”.She warned scientists that if they didn’t improve their techniques they would be wasting both time and money. Her research was presented at the American Association for the Advancement of Science in Washington.A growing amount of scientific research involves using machine learning software to analyse data that has already been collected. This happens across many subject areas ranging from biomedical research to astronomy. The data sets ...