Insurance Authority highlights AI strategy to enhance protection and resilience at the Hong Kong FinTech Week

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2 November 2026

The Insurance Authority (IA) shared its vision for advancing AI+ to enhance resilience and expand protection coverage at the Hong Kong FinTech Week 2026.

Mr Clement Cheung, Chief Executive Officer of the IA, pointed out that, “In alignment with Hong Kong’s First Five-Year Plan to reinforce its position as an international innovation and technology centre, our Artificial Intelligence (AI) strategy for insurance sector covers governance, solution deployment and talent development, while leveraging our strategic strengths for greater resilience.”

In his keynote presentation, Mr Cheung highlighted the balance between regulation and development and outlined the encouraging progress made thus far. Amongst others, the AI Cohort Programme has supported the key insurers in establishing their respective AI Centres of Excellence in Hong Kong and incubated more than 800 AI use cases; the solution-matching workshops have engaged more than 400 industry participants. On the regulatory front, an AI governance framework for the insurance sector will soon be launched to foster inclusive and responsible innovation.

Citing emerging climate risks as a case in point, he also shared how reliable data and sophisticated modelling enable informed decision-making and scalable solutions, thereby strengthening societal resilience against climate change.

Ends

Mr Clement Cheung, Chief Executive Officer of the IA, delivers his keynote presentation at the Hong Kong FinTech Week 2026.


Mr Clement Cheung, Chief Executive Officer of the IA, highlights the IA’s Artificial Intelligence strategy to enhance protection and resilience.