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ICICI Lombard and Arya.ai Set a New Standard in Insurance Automation

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MUMBAI, India, Nov. 29, 2024 /PRNewswire/ — ICICI Lombard, one of India’s leading private-sector general insurance companies, has partnered with Arya.ai, a pioneer in AI-powered enterprise solutions, to transform its processes using Arya Apex, a comprehensive AI API platform. This collaboration has achieved 98% workflow automation, reduced manual quality checks to just 2%, and set a new industry benchmark by deploying the solution across systems in a record three-month timeframe.

This resulted in operational efficiency and measurable improvements in operational speed and customer satisfaction, reinforcing ICICI Lombard’s commitment to delivering seamless, customer-first experiences while staying at the forefront of innovation.

Yatish Bhatia, SVP Technology, ICICI Lombard, shared:
“Arya.ai has been a game-changer in our digital transformation journey. Their cutting-edge technology and Arya Apex platform allowed us to achieve an incredible 98% automation of our workflows, cutting manual interventions to a mere 2%. With record-breaking deployment speed and scalability, Arya.ai has empowered us to deliver on our promise of making insurance more accessible and hassle-free for our customers.”

Arya.ai’s AI-driven APIs, available through Arya Apex, have revolutionized key tasks such as identity verification, document intelligence, and risk analysis, enabling ICICI Lombard to supercharge productivity and enhance customer satisfaction.

Deekshith Marla, Co-founder, Arya.ai, added:
“This collaboration is a prime example of how AI reshapes the BFSI industry by driving efficiency, agility, and innovation. By leveraging Arya.ai’s scalable AI APIs and the Arya Apex platform, ICICI Lombard has unlocked unparalleled value—streamlining operations and transforming customer engagement. We are proud to partner with ICICI Lombard in setting a new standard for customer-centric excellence in the insurance industry.”

This partnership highlights the transformative potential of AI-powered API solutions, positioning Arya Apex as a cornerstone of smart automation for the insurance industry’s future.

Quantifiable Impact

98% automation of workflowsOnly 2% of workflows are manually checkedUnprecedented time to production of 3 monthsEnhanced scalability and customer experience

About ICICI Lombard

ICICI Lombard General Insurance Company Limited is one of India’s most innovative private-sector general insurance companies. Offering a diverse portfolio of motor, health, travel, and home insurance products, ICICI Lombard remains at the forefront of customer-centric transformation.

About Arya.ai

Arya.ai is a leading provider of AI-driven enterprise solutions, offering intelligent automation and scalable APIs through its Arya Apex platform. Designed for the BFSI sector, Arya Apex delivers seamless solutions for fraud detection, identity verification, document analysis, audio intelligence, and more such AI models, empowering businesses to enhance efficiency, scalability, and customer experiences through transformative AI technology.

Experience the future of AI-powered automation with Arya Apex.

Visit https://arya.ai/ or connect with us for a customized demo at hello@arya.ai

Logo: https://mma.prnewswire.com/media/2569286/Arya_ai_Logo.jpg

 

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2024 Global Youth Powerhouse Summit in Hong Kong: Global Leaders and Young Professionals Address Innovation and Economic Development

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Key Highlights:

The inaugural Global Youth Powerhouse Summit 2024 is under way at the Hong Kong Maritime Museum, bringing together a dynamic community of young professionals, government leaders and C-suite-level management. With over 200 local and international participants attending in person and more than 4,500 attendees taking part online from over 30 nationalities, this summit highlights Hong Kong’s pivotal role in nurturing global talent, fostering cross-regional collaboration and driving the innovations that fuel economic growth.In the opening session, Leaders Dialogue: Shaping the Future of Leadership, top leaders from Hong Kong’s most influential sectors gathered to discuss the city’s pivotal role and strategic position on the global stage. This dialogue provided insights on how Hong Kong’s unique strengths in policy, talent and innovation can shape the future of key industries and reinforce its standing as a hub for international collaboration and forward-thinking leadership.

HONG KONG, Nov. 29, 2024 /PRNewswire/ — The Global Youth Powerhouse Summit 2024, organised by the Hong Kong Youth Professional Global Advocacy, officially opened on November 28, bringing together a gathering of distinguished leaders, young professionals and innovators from across the globe. Under the theme “Empowering Professionals for a Global Initiative: A Voice from Hong Kong“, the summit underscores Hong Kong’s enduring commitment to cultivating the next generation of global leaders and reinforcing its position as a dynamic international hub for innovation and collaboration.

The HON John LEE Ka-chiu, GBM, SBS, PDSM, PMSM, The Chief Executive of Hong Kong Special Administrative Region, extended his congratulations to the organisers of the Global Youth Powerhouse Summit 2024. In his message, Mr. Lee acknowledged the summit’s theme, “Empowering Professionals for a Global Initiative: A Voice from Hong Kong,” and emphasized that the summit presents an invaluable opportunity for young professionals from the Guangdong-Hong Kong-Macao Greater Bay Area, Southeast Asia, and the Middle East to come together, exchange ideas, and drive forward new momentum for Hong Kong and the world. Mr. Lee also expressed his gratitude to the Hong Kong Youth Professional Global Advocacy for its dedication to fostering connections between Hong Kong’s young professionals and their international counterparts, enhancing collaboration and exchange on a global scale.

Dr Kevin CH Lau, Founding Convenor of the Hong Kong Youth Professional Global Advocacy, said, “Today, we come together with a shared vision — to empower professionals and amplify Hong Kong’s voice on the global stage. The Global Youth Powerhouse Summit 2024 serves as a powerful catalyst, inspiring actions that transcend borders and industries. Innovation is at the heart of progress, and Hong Kong stands as a beacon—an epicenter for pioneering ideas and transformative solutions. Hong Kong is not just a gateway to Asia, it is a hub of opportunities where creativity, ambition and collaboration converge to shape the future.”

Mr Cheuk Wing-hing, GBS, JP, Deputy Chief Secretary for Administration, pointed out the world has changed immensely in geopolitics, economic development, technological transformation, trade protection and global stability. Young people are the leaders of today, not tomorrow. They have an awful lot to offer in shaping the future in their respective professional domain. Mr Cheuk encouraged young professionals to rise to the challenges ahead and look beyond their immediate local surroundings and cultivate a broad, national and global perspective that cherishes the building of a global community of shared future. They should set their vision wider on national and global issues such as AI development, climate change and actively participate in the community’s search for improvements and solutions. Mr. Cheuk highlighted the enormous development opportunities brought by the Belt and Road Initiative and the development of the Guangdong-Hong Kong-Macao Greater Bay Area for young professionals. He urged them to make the most of the opportunities to realise their own goals and contribute to the building of a global community of shared future.

Leadership Insights Shaping Hong Kong’s Role in Global Innovation

A key highlight of the summit was the Leaders Dialogue: Shaping the Future of Leadership. This brought together prominent figures from various sectors to explore Hong Kong’s role in global economic development and innovation. This expert panel featured Mr Bernard Chan, Chairman of Our HK Foundation; Dr Allan Zeman, Chairman of Lan Kwai Fong Group; Mr David Liao, Co-Chief Executive of HSBC Asia Pacific; Mr Michael Yue, Managing Director and General Manager of Google Hong Kong; Ms Ilaria Chan, Chairperson of Tech for Good Institute and Group Advisor on Tech & Social Impact of Grab, and Rev Brett Hilliard, Senior Pastor of Island Evangelical Community Church.

Panelists shared their perspectives on leadership transformation in a rapidly evolving global landscape, emphasizing the importance of adaptability, inclusivity and vision in setting international standards. The discussion explored Hong Kong’s strategic position as a centre of excellence and a beacon for innovation and collaboration, underscoring the city’s influence in driving global trends.

Hong Kong will do fine regardless of what, because it has always been a connector. And this is what central government wants Hong Kong to serve. So Hong Kong as a place will do well. But whether our local youth can take advantage of that is entirely up to them,” Mr Bernard Chan told the young professionals in Hong Kong. “If they’re willing to get to know what China and the rest of the world are doing, we need to understand what the gaps and the needs are, and how we can provide that value.”

“You need to be so curious, so compassionate, and so savvy in meeting people from different racial and socioeconomic backgrounds, reading about the world. And then you form your own opinion of what people really are about instead of regurgitating soundbites and repeating what people are trying to sell to you. Then you develop something creative and value-added to the people you’re trying to connect with and the ecosystem you’re trying to build. That’s how you will not be disrupted by AI,” Ms Ilaria Chan shared her insight about how to live with AI.

Exploring Opportunities in Industries Driving Innovation for Global Impact

Thematic discussions throughout the day focused on addressing pressing global challenges and on unlocking opportunities in critical industries. In the session titled The Health Economy: Navigating Innovations for a Resilient Future, thought leaders from top healthcare and insurance organizations examined the transformative potential of health technologies and integrated healthcare services. Panellists included Mr David Chang, Founding Managing Partner of MindWorks Capital; Dr Kai Ning Cheong, USA National Academy of Medicine and HKU Global Health Leadership Fellow 2020; Dr Kevin Lau, Founding Executive Chairman of Trinity Medical Group; Mr Jonathan Li, Chief Distribution Officer of AXA Greater China, Hong Kong & Macau; Mr Sam Lim, Chief Information Technology Officer of Prudential Hong Kong; and Mr Kelvin Yu, Chief Product Officer of FWD Hong Kong & Macau. They highlighted the evolving insurance models designed to meet the challenges of a rapidly changing world and positioning Hong Kong as a key player in the global health economy.

Another significant session, Digital and Creative Economies: Innovating for Tomorrow, explored the transformative power of digital platforms and the rise of virtual economies. Speakers discussed innovative strategies for monetizing creative content and emphasized the role of technology in reshaping the creative industries. The session underscored how Hong Kong’s unique combination of talent, infrastructure and connectivity positions the city as a global driver of cultural and economic growth. Panellists included Mr Ray Chan, Founder and Chairman of 9GAG; Ms Stephanie Chan, DETERMINANT Global Brand, Marketing & Partnerships and PYE Brand, Marketing; Ms Anne Lim Chaplain, Founding Publisher of Prestige and #legend; Mr Jaeson Ma, Founder of East West Ventures; and Mr Jason Mok, Founding Partner of Capital Union Investments Limited.

As the summit progresses, it will offer further opportunities for collaboration through comprehensive panel discussions and exclusive networking events. By fostering meaningful connections and addressing critical global challenges, the Global Youth Powerhouse Summit 2024 continues to build on Hong Kong’s legacy as a gateway to Asia and on its role as a catalyst for regional and international growth.

More photos: https://bit.ly/3Ov0JI6 

About Hong Kong Youth Professional Global Advocacy

Launched in 2023, Hong Kong Youth Professional Global Advocacy is a community organization founded by young professionals in Hong Kong. It aims to connect Hong Kong youth with global counterparts, fostering a network that champions the city’s opportunities through meaningful exchanges and advocacy. Recognized as a global hub, Hong Kong boasts significant influence in finance, trade, healthcare, and education, supported by a diverse pool of talented professionals. Strategically located at the core of the Belt and Road Initiative, the city acts as a gateway for collaboration with regions across Asia, the Middle East, and Africa. The initiative engages over 120 professionals from key sectors such as finance, healthcare, law, and technology, promoting Hong Kong’s narrative internationally. Through monthly salons and partnerships with global youth groups, it facilitates deeper understanding of Hong Kong’s development while strengthening international ties and cross-cultural cooperation.

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SOURCE The Hong Kong Youth Professional Global Advocacy

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Trip.com Group and Xinjiang Department of Culture and Tourism Unveil ‘Kiss Xinjiang’ at 2024 China International Travel Mart”

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A three-day collaborative event showcasing Xinjiang’s culture and tourism on a global stageFrom stunning landscapes to unique experiences, ‘Kiss Xinjiang’ captivates travellers worldwide

SHANGHAI, Nov. 29, 2024 /PRNewswire/ — Trip.com Group, in collaboration with the Xinjiang Provincial Department of Culture and Tourism, debuted the “Kiss Xinjiang” project at the 2024 China International Travel Mart. This was held at the National Exhibition and Convention Centre in Shanghai from 22 – 24 November 2024. This landmark initiative brought Xinjiang’s rich cultural and tourism offerings to global audiences, highlighting its unique charm and year-round appeal.

Representing 12 regions, three hotels, and 15 scenic spots alongside 37 cultural and tourism enterprises and 12 travel agencies, the Xinjiang delegation presented a diverse range of attractions and displayed as many as 379 cultural and agricultural products. Iconic sites such as the Hami Yadan Scenic Area, Bosten Lake, Tianchi International Ski Resort, and Turpan’s Grape Valley were featured through innovative exhibits, cultural promotions, and immersive displays.

A Collaborative Vision: Showcasing Xinjiang’s Beauty

The “Kiss Xinjiang” project highlights the strong partnership between Trip.com Group and the Xinjiang Department of Culture and Tourism, leveraging shared resources and expertise to elevate Xinjiang’s tourism appeal. The 163-square-meter Xinjiang exhibition area is themed around the iconic China National Highway 219 (G219) and the “Duku Road,” which traverses the Tianshan Mountains.

The exhibit features a multidimensional showcase of Xinjiang’s cultural and creative products, agricultural and handicraft offerings, ice and snow tourism resources, authentic Xinjiang cuisine, smart tourism platforms, and inbound travel routes. Through five key aspects—Innovative Xinjiang, Ice and Snow Xinjiang, Taste of Xinjiang, Digital Xinjiang, and Inbound Xinjiang—the exhibit offers a comprehensive presentation of Xinjiang’s attractions, blending tradition with modern innovation to strengthen its international tourism brand.

Vibrant ethnic dances and engaging installations further enriched the exhibition experience, attracting significant attention from domestic and international audiences.

“Next year, our family plans to drive the North Xinjiang Grand Loop. Today, we happened to make a lot of travel plans on the spot. Xinjiang is really attractive, and we can’t wait to set off!” said Mr. Wang, a Shanghai resident.

An Invitation to Explore Xinjiang’s Four Seasons

Tourism representatives from cities such as Urumqi, Altay, Kashgar, and Hotan highlighted Xinjiang’s year-round offerings, including winter activities like skiing, snow appreciation, and wellness tourism. From the snowy peaks of Altay to the vibrant deserts of Turpan, the presentations invited travellers to embark on a poetic journey through Xinjiang’s stunning landscapes, rich history, and unique cultures.

The project’s global appeal was amplified by the participation of international influencers (KOLs and KOCs). The collaboration between Trip.com Group and the Xinjiang Department of Culture and Tourism aligns with China’s “Tourism Revitalises Xinjiang” strategy, fostering high-quality development through cultural and tourism exchanges.

Extending Xinjiang’s Reach

On 23 November, the project also reached Shanghai Songjiang University Town, where the “Kiss Xinjiang” Cultural Tourism Promotion Conference brought a special close-up showcase to students, inspiring the next generation of global travellers to uncover the beauty of Xinjing for themselves.

(end)

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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Full access to the on-side data of the new generation of centralized control system helps the digital intelligent transformation of Kashgar power grid

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KASHGAR, China, Nov. 29, 2024 /PRNewswire/ — On November 28, as the home screen of the centralized monitoring hall of the State Grid Kashgar Power Supply Company switched to a new generation of centralized monitoring E6000 system interface, it marked the official operation of the new generation of substation centralized monitoring system of the State Grid Kashgar Power Supply Company.

As a technical support system for grid equipment monitoring and fault disposal, the new generation of centralized monitoring system is a special equipment monitoring system tailored to the needs of substation business. The system can comprehensively monitor equipment abnormal information and auxiliary equipment information such as fire and firefighting, which is closely related to the operation safety of substations, and achieve a high degree of data integration with production information systems such as robots and remote intelligent inspection. Through intelligent linkage, the system can not only meet the needs of comprehensive equipment monitoring, but also effectively support the “two alternative” services of substation operation and maintenance – that is, equipment condition monitoring instead of manual patrol and one-click control instead of traditional inverted operation.

So far, the company has completed a total of 236,900 monitoring information access works for 200 substations of 35 kV and above. In addition, the system can automatically generate intelligent reports and monitor logs through faulty information, which greatly reduces the workload of monitors to process information. The robot intelligent inspection function can replace the missing items and omissions that may be caused by manual inspection, doubling the inspection efficiency of all substations belonging to the Kashgar Power Grid.

Next, the State Grid Kashgar Power Supply Company will accelerate information access such as auxiliary control, Baoxin substation, fault recording, promote intelligent patrol instead of manual inspection and one-click control instead of traditional inverted gate operation, deepen the application of “two substitution”, steadily promote the intelligent management and digital transformation of the company’s equipment, and constantly improve the practicality and effectiveness of the centralized control system.

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SOURCE State Grid Kashgar Power Supply Company

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