Insurance Authority launches the AI Cohort Programme

18 August 2025

The Insurance Authority (IA) today (18 August 2025) gathered leaders in the insurance sector and active technology service providers to launch the AI Cohort Programme (AI Cohort).

“Accelerated AI adoption is transforming the global insurance landscape, with innovative applications sprouting in a wide range of areas including policy underwriting, claims settlement, fraud detection, customer service and sales support. We are committed to driving collaboration across different disciplines, and the AI Cohort is a key initiative aimed at achieving this objective. With advanced digital infrastructure, facilitative government policies and a dynamic insurance sector, Hong Kong is poised to become the regional AI hub,” said Mr Stephen Yiu, Chairman of the IA.

The IA has carved out a strategy encompassing regulatory and developmental perspectives, balancing the need to ensure responsible AI adoption and inject market dynamism. At a launching ceremony held at the Cyberport today, seven insurers pledged as core participants of the AI Cohort to establish centres of excellence and nurture talents in Hong Kong, as well as to share insights with fellow industry stakeholders. A group of technology service providers also showcased their signature AI solutions to participants of the event.

For further details about the AI Cohort, please refer to the Annex or reach out to our Insurtech Facilitation Team at [email protected].

Ends


Mr Stephen Yiu, Chairman of the IA, delivers the opening remarks at the AI Cohort Programme Launch Ceremony.


Representatives from seven core participating insurers of the Programme join the launch ceremony: (from left) Mr Eric Tong, Deputy General Manager, China Taiping Insurance (HK) Company Limited; Ms Sally Wan, CEO, AXA Greater China; Mr David Yu, Co-Founder Chairman, YF Capital and Chairman, YF Life; Mr Lee Yuan Siong, Group Chief Executive, AIA Group Limited; Mr Clement Cheung, CEO of the IA; Mr Stephen Yiu, Chairman of the IA; Professor Frederick Ma, Chairman, FWD Group; Ms Anette Bronder, Group Chief Technology & Operations Officer, Prudential plc and Ms Daisy Tsang, CEO, HSBC Life Hong Kong.


A group of technology service providers set up booths and showcase their signature AI solutions at the event.