The insurance industry, according to experts, is on the verge of a seismic, tech-driven shift. In many ways, Artificial intelligence (AI) can help the insurance industry grow. The notion that the deployment of AI in the insurance industry would displace human workers is an important concern. AI does have the potential to automate some tasks that humans currently perform in the insurance industry, which could lead to job displacement. Some insurance industry roles that may be affected by AI include claims adjusters and underwriters risk analysts.

Former world number one and last year’s silver medallist, Dimitrij Ovtcharov has won the men’s singles title at the second edition of the WTT Contender Lagos, while India’s Sreeja Akula also claimed the women’s title at the Molade Okoya-Thomas Hall of the Teslim Balogun Stadium, Surulere, Lagos, on Sunday. Ovtcharov beat his compatriot Ricardo Walther 4-1 (11-7, 11-7, 7-11, 12-10, 11-16) while Akula also recorded a five-set win 4-1 (10-12, 11-9, 11-9, 11-8, 11-6) in the final. Related News WTT Contender Lagos: Edem win excites BelloOvtcharov was Lagos fans’ favourite in 2023 and he had sent several table tennis equipment to young players across the country as a result of the massive support he got in his maiden visit. The former world No. India’s heavy representation also saw them win the men’s doubles where they beat Nigeria and women’s doubles.

Federal Capital Territory, FCT, Commissioner of Police, Bennett Igweh has ordered immediate inquiry into the murder of an army general in an urban housing estate in the nation’s capital, Abuja by gunmen suspected to be armed robbers, in the early hours of Saturday. In a statement issued to newsmen in Abuja, on Saturday by the FCT Police Public Relations Officer, SP Josephine Adeh, Igweh was quoted as saying: “In response to the tragic and unprecedented attack at Sunshine homes estate by armed robbers, resulting in the untimely demise of one Brigadier General Uwem Harold Udokwere, on June 22, 2024, at approximately 03:00 a.m, the Commissioner of Police, FCT, CP Benneth C. Igweh, psc, mni, has promptly ordered a thorough and discreet investigation into the circumstances surrounding this regrettable event. ALSO READ: FG to engage 1,200 youths annually in planting 2 million trees nationwide“Expressing profound condolences to the bereaved family, CP Benneth Igweh psc, mni, assures the family and the public of swift justice, with every effort in conduit to ensure the perpetrators of the atrocious act are apprehended and brought to justice. “Furthermore, the commissioner of police reaffirms the unflinching commitment of the command to amplify the security landscape of the nation’s capital, by continually adapting strategies to effectively combat evolving criminal activities. “Updates on this matter will be provided in due course.”NIGERIAN TRIBUNE

President Bola Ahmed Tinubu has been urged to as a matter of urgency, order a thorough investigation into the entire Police Constable recruitment exercise and punish whoever is found wanting. The call is coming as the controversy over the recruitment of Constables into the Nigeria Police Force (NPF) between the office of the Inspector General of Police (IGP) and the Police Service Commission (PSC) over alleged corruption in the exercise rages on. The call was made by a group known as North-East Youth and Elders Peoples Forum (NEYEPF) which addressed a press conference in Bauchi on Sunday. According to him, “Kayode Egbetokun did the right thing by rejecting the result of the recruitment exercise which was marred by alleged corruption and irregularities.”The group, therefore, expressed its backing for the IGP, Olukayode Egbetokun, over the alarm he raised concerning the whole exercise and was commended for raising the alarm to ensure that only qualified people were recruited into the Force. READ ALSO FROM NIGERIAN TRIBUNE

The Editor of the daily title, The PUNCH, Adedayo Oketola, and the Editor of PUNCH Weekend Titles, Olusola Fabiyi, were asked to resign on Friday. However, it redeployed the Deputy Editor, Weekend Titles, Yusuff Moshood, to PUNCH Digital, the company in charge of its digital platforms, as Deputy Editor. The company also announced Samson Folarin, the Features Editor of the paper’s Weekend Titles (Saturday PUNCH & Sunday PUNCH) as acting Editor, Weekend Titles. Tessy Igomu, the current Editor, Healthwise, is to take over from Yusuff Moshood as the Deputy Editor, Weekend Titles, in acting capacity. Mrs Igomu, a graduate of Mass Communication of the Nnamdi Azikiwe University, joined PUNCH as a Chief Correspondent in 2020.

The findings underscore the importance of robust password management, as the majority of reviewed passwords were easily compromised using smart guessing algorithms. “The majority of the examined passwords (57 per cent) contain a word from the dictionary, which significantly reduces the passwords’ strength. Standard passwords: “password”, “qwerty12345”, “admin”, “12345”, “team,” the report highlighted. “Given that, the most dependable solution is to generate a completely random password using modern and reliable password managers. Such apps as Kaspersky Password Manager can securely store large volumes of data, providing comprehensive and robust protection for user information,” commented Novikova.

National Identity Management Commission (NIMC) has dismissed the allegations that it sells sensitive data of Nigerian citizens to some websites that offer to buy them. Ng/sign in, championtech.com.ng, trustyonline.com, and anyverify.com are data harvesters not authorised by NIMC to access or manage sensitive data. “The commission’s infrastructure meets the stringent ISO 27001:2013 Information Security Management System Standard, with annual recertification and strict compliance with the Nigerian Data Protection Law. “Furthermore, NIMC advises Nigerians to avoid giving their data to unauthorised and phishing sites. “NIMC urges the public to remain vigilant against false information and rely on verified sources for accurate updates.

But I am, right now, just sick and tired of being sick and tired. Meanwhile, Kano State governor Abba Yusuf (who I used to like)has reverted to his default destructive vengeance that I advised him against in previous columns. He has reportedly sent bulldozers to tear down the palace where the “federal” emir lives. Well, the law is clearly on the side of the Kano State government on the controversy regarding who is the emir of Kano. So, the Kano State government just needs a little more maturity to let the judicial process play itself out.

The Governance Platform has launched a roadmap to guide organisations in integrating sustainability into their operations, aligning with the outcomes of COP28. The roadmap is based on insights from the book “Sustainability and COP28: What It Means for Boards,” co-authored by Professor Fabian Ajogwu, SAN, and Dr Onajite Newton. The roadmap was unveiled during a recent executive breakfast session in Lagos, where the book was launched. Ahmad, presented the book, emphasising the need for directors to internalise the concept of sustainability and its implementation in their organizations. According to Ajogwu, inculcating sustainability into the operations of companies necessitates customised approaches, as there is no universal solution for organizations.

A Chinese airline on Saturday completed the country’s first commercial flight using biofuel, made from waste cooking oil, as the government seeks to promote greater environmental sustainability. A Hainan Airlines flight from commercial hub Shanghai to Beijing used biofuel supplied by China National Aviation Fuel company and energy giant Sinopec, according to a statement from US aircraft giant Boeing. The Boeing 737 plane used a 50-50 mix of conventional jet fuel and biofuel made from “waste cooking oil collected from restaurants in China,” it said. Used cooking oil, called “gutter oil” in Chinese, has been the target of media exposes about how the waste product is sometimes illegally reused for human consumption. Sinopec, which was criticised in the Chinese environmental documentary “Under the Dome”, said waste oil could be put to better use.

An officer of the Federal Road Safety Corps was on Friday injured by a driver along Osogbo/Gbongan Road, near the Osun Government Secretariat in Abere. The incident occurred when FRSC officers at a roadblock near the Osun Sector Headquarters waved the driver to stop, but he ignored their signals and continued driving at top speed. Despite the officers’ attempts to stop him, the driver recklessly hit the FRSC officer and dragged him along the road until he fell off the vehicle. After hitting the officer, he dragged him on the road as the driver headed towards Akoda Junction. But I can’t say if they eventually caught the perpetrator.”When contacted for confirmation, FRSC Osun Sector Commander, Inyang Umoh, confirmed the incident, noting that the injured officer was in stable condition.

The Nigerian Immigration Service (NIS) on Thursday drew the attention of Nigerians to fake and invalid employment letters in circulation purportedly issued by the service. The NIS made this known in a statement by its Public Relations Officer (SPRO), Mr Kenneth Udo, in Abuja. According to him, the fraudulent letters falsely claim that the recipients have been offered employment with the NIS. “The public is hereby advised to report these scammers to the nearest NIS office or law enforcement agencies. “The Nigeria Immigration Service recruitment exercise is exclusively advertised through reputable national dailies, television broadcasts, and our official website, http://www.immigration.gov.ng.

Vladimir Putin has warned South Korea it would be making “a big mistake” if it arms Ukraine in the war against Russia. Moscow “will… [make] decisions which are unlikely to please the current leadership of South Korea” if Seoul decides to supply arms to Kyiv, Putin told reporters on Thursday. Putin also warned that Moscow is willing to arm Pyongyang if the US and its allies continue supplying Ukraine with weapons. I said, including in Pyongyang, that we then reserve the right to supply weapons to other regions of the world,” Putin said. Following Putin’s remarks, South Korea’s presidential office said on Friday it would consider “various options” in supplying arms to Ukraine and its stance will “depend on how Russia approaches this issue”.

The celebration of Eid-el-Kabir festival has come and gone, but the memory lingers on. The joy of the great annual feast of the faithful has come and gone, but the memory of the spiritual melody lingers on. The gentle show of gratitude to Allah on His kindness and favour on the trial of piety has come and gone, but the memory lingers on. Indeed, the memory that lingers on is embedded in the lessons of the celebration, which goes beyond the killing of goats, sheep, rams, cows, camels and others. May Allah grant us true faith in Him and make us learn from the celebration of Eid-el-Kabir (Ameen).

The case, Moore v US, put into question what assets are considered taxable income. Some experts say the case was used as a vehicle to give the supreme court an opportunity to weigh in on a hypothetical billionaire’s tax, which would raise similar questions on what assets can be taxed. “Right-wing billionaires hoped an obscure legal case would blow up the tax code to avoid paying what they owe, but this effort failed at the supreme court. The case focused on Charles and Kathleen Moore, a couple from Washington state who owned a small stake in an India-based company that sells affordable farm equipment in India. The supreme court was tasked with deciding whether the Moores’ investment in the company was considered income.