AXA Affin General Insurance (AAGI) was recently named Claims Fraud Management Team of the Year 2017 at the Claims Award Asia-Pacific, which was held on 19 September 2017 in Marina Mandarin, Singapore.

Organized by Claims Club Asia-Pacific, this prestigious awards event recognizes the leaders of Asian insurance claims and risk management sectors by rewarding those dedicated teams and individuals that are shining through in the past year. The Claims Fraud Management Team of the Year recognizes AAGI for proving that combating fraud with enhanced prevention and detection measures have brought meaningful results.

Allianz Group and Impact Hub announced the launch of the ‘Investment Ready Programme 'Encouraging Future Generations'. 

This is a unique acceleration programme, tailored for purpose driven entrepreneurs aiming to foster social inclusion of children and youth across four countries - Brazil, Germany, Malaysia and Turkey. 

FINTECH is an exciting development in Islamic finance, and Shari’ah scholars must ensure they are up to date on it. This rapidly developing innovation will need timely Shari’ah solutions to enable Islamic finance to keep pace with technology, said Prof. Dr. Mohamad Akram Laldin, Executive Director, ISRA at the opening ceremony of Islamic Fintech Dialogue 2017 (IFD 2017).

“The industry has witnessed a number of start-ups and entrepreneurs who have been inspired by the various roles in the development of the Islamic economy, from social entrepreneurs to community-based start-ups," he added.

Malaysia’s Mass Rapid Transit Corporation (MRTC) is one of the first in Asia leveraging cloud-based collaboration on a common data environment for its 51-kilometer Klang Valley Mass Rapid Transit (KVMRT) system’s Sungai Buloh–Serdang–Putrajaya (SSP) line. In partnership with Microsoft’s Global ISV, Bentley Systems, MRTC aims to complete the project on-time and within budget, benefitting from a projected 35% productivity increase in the design, construction and operation of this infrastructure through seamless information sharing and collaboration powered by Microsoft Azure. 

The Azure-hosted Bentley Systems platform enabled MRTC to increase precision of construction, reduce instances of design rework and to improve safety standards by enabling seamless synchronization and information exchange between external vendors. It has enabled all project disciplines to work dynamically using a federated model for coordinated design, despite the participation of numerous external vendors and decentralized information on this complex project.