Hong Kong Insurance Authority Chief Executive Officer Clement Cheung outlined plans to launch an artificial intelligence (AI) governance framework for the insurance sector soon, during a keynote presentation at Hong Kong FinTech Week 2026. The framework forms part of a strategy covering governance, deployment of AI solutions and talent development to strengthen resilience and expand insurance protection. The AI Cohort Programme, launched in August 2025 with seven core insurers, has supported insurers in establishing AI Centres of Excellence in Hong Kong and incubated more than 800 AI use cases. Solution matching workshops have engaged more than 400 industry participants. Cheung also highlighted climate risk as an example of how reliable data and sophisticated modelling can support informed decisions and scalable solutions to strengthen societal resilience.
Hong Kong Insurance Authority highlights forthcoming AI governance framework and over 800 incubated use cases
At Hong Kong FinTech Week 2026, Hong Kong Insurance Authority Chief Executive Officer Clement Cheung highlighted the forthcoming launch of an artificial intelligence (AI) governance framework for insurers. The AI Cohort Programme, launched in August 2025, has supported insurers in establishing AI Centres of Excellence and incubated more than 800 use cases. Solution matching workshops have engaged more than 400 industry participants.