Insurers in Taiwan and Japan are reworking products to ease capital and surrender pressures, while panellists warn that data-centre exposures and interacting emerging risks may outpace current models.
The exercise aims to help insurers further strengthen cyber risk management frameworks and keep pace with increasingly severe and sophisticated cyber threats.
Edison Sam will spearhead CTF Life's digital, data and AI agenda as the insurer accelerates enterprise-wide transformation and growth initiatives across key markets.
Alliance will bring together commercial- and personal-lines capabilities for agents, insurers and embedded-distribution partners across the US, Europe and Asia.
The platform, part of the broker's initiative to embed AI and automation across the enterprise, centralises risk and insurance data, helping risk managers access information quickly.
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.
