Schemes and Initiatives
Published Date: 27 January 2021

Global-Asia Insurance Partnership (GAIP)

The Global-Asia Insurance Partnership (GAIP) is a tripartite partnership that seeks to narrow the protection gaps in Asia and beyond, through research, dialogues, policy recommendations, innovation and talent development.

What It Is

Incorporated in 2021, the GAIP is a tripartite partnership between the global insurance industry, regulators and policymakers, and academia. It works to grow Asia's insurance markets by addressing data gaps, facilitating industry-regulator collaboration, and developing insurance talent across the region.

GAIP's work is anchored in three key pillars that guide its initiatives and collaborations:
  • Living Lab: Undertake analytical research into emerging and accelerating risks, identify protection gaps and incubate innovative solutions to address these gaps.
  • Policy Think Tank: Support and advise on policy decisions and public-private partnerships for key and emerging risks, as well as use of new technology in insurance.
  • Talent Development: Grow and nurture the pipeline of skilled insurance talent, professional development and support upskilling in emerging areas.

Related News

Refer to the latest Speech by DPM Heng on the official launch of the GAIP. You may also refer to the Infographic (759.5 KB) for more information.