Manulife Hong Kong has been named a Core Participating Insurer in the latest batch of the Insurance Authority's AI Cohort Programme, underscoring its commitment to advancing the responsible adoption of AI and supporting Hong Kong's development as a regional hub for AI innovation.
The AI Cohort Programme brings together insurers and technology partners to promote industry-wide collaboration in AI adoption. As a Core Participating Insurer, Manulife Hong Kong will contribute to the establishment of AI Centres of Excellence in Hong Kong, support AI talent development through capability-building initiatives, and foster knowledge sharing across the industry and with regulators.
Manulife Hong Kong and Macau CEO Patrick Graham, said that AI is rapidly transforming the insurance landscape, enabling insurers to reimagine how we serve customers while driving greater efficiency and resilience. "We are honoured to participate in the AI Cohort Programme. Through this initiative, alongside our continued investment in AI capabilities and talent, we aim to scale the responsible adoption of AI across our business, deepen collaboration and knowledge sharing with industry partners, and contribute to the broader application of AI across the sector," he said.
Participation in the AI Cohort Programme underscores Manulife Hong Kong's continued commitment to the city as a strategic hub for AI innovation, as well as its strategic priority to become an AI-powered organization.