The broker says more granular property-level data could help insurers distinguish between homes that share the same floodplain but face very different levels of exposure.
Insurers are set to increase AI spending sharply through 2028, with APAC carriers projected to allocate a greater share of technology budgets to AI than global peers.
The partnership is expected to underpin AXA Hong Kong and Macau's next phase of AI adoption, spanning underwriting, claims processing, distribution and marketing.