IIT Bombay, SBI Life launch indigenous AI and Cybersecurity hub for insurance sector

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IIT Bombay, SBI Life launch indigenous AI and Cybersecurity hub for insurance sector

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June 30, 2026

IIT Bombay and SBI Life Insurance have launched the Bharat AI & Cyber Innovation Hub for Insurance to develop indigenous AI, cybersecurity and quantum technology solutions for India’s insurance sector. The partnership aims to strengthen digital security, reduce dependence on imported technologies, promote industry-academia collaboration, and build a skilled workforce to support the sector’s rapid growth.