The Thailand Office of Insurance Commission has launched the OIC InsurTech Award 2026, expanding the initiative from a competition into a broader talent and innovation development platform for the insurance sector. The program is designed to source and support new insurance technology solutions for four priority risk areas: emerging risks, aging society risk, climate disaster risk and cyber risk. It also promotes the use of tools such as artificial intelligence, big data, the Internet of Things and satellite imagery to develop new insurance products and services. The program combines nationwide university roadshows, consult sessions, bootcamps, a final presentation round and post-program support including business matching, funding support and pathways into the insurance industry. The Office of Insurance Commission is running the initiative with six partners: the Thai Life Assurance Association, the Thai General Insurance Association, the Thailand Insurance Institute, the Digital Economy Promotion Agency, the National Innovation Agency and TED Fund. Within that structure, industry bodies will provide market insights, mentoring, judging and internship opportunities, while the public innovation partners will support startups from early-stage ideation and proof of concept through acceleration, commercialization and scale-up. Applications are open from July 1 to July 31, 2026, for young people, university students, recent graduates, startups and others interested in insurance technology.

Original source Back to tracker