At the International Union of Marine Insurance (IUMI) conference in Edinburgh, experts discussed how digitilisation of trade documents will change the insurance industry.
The Insurance Authority and the Hong Kong Science and Technology Parks Corporation launch Open API Framework to stimulate innovation and promote cross-sector collaboration.
Ashley Veasey, a seasoned professional in technology and digital innovation, is tasked with spearheading the company's technology transformation strategy.
The integration of technology including AI, Machine Learning, and parametric will reshape the insurance industry and are key to its growth, according to Debasish Panda.
'Wysa Assure' offers mental health support for insureds while providing insights to insurers, with MLC Life in Australia the first to roll out the app.
AXA Secure GPT, which was built in just three months, will initially be accessible to 1,000 employees but a global rollout is planned for the coming months.