What It Is

Established in May 2021, the Global Asia Insurance Partnership (GAIP) is a tripartite partnership between the global insurance industry, regulators and policymakers, and academia. GAIP supports Asia’s insurance markets by addressing data gaps, strengthening industry-regulator collaboration, and developing insurance talent across the region. Its work focuses on helping governments, regulators and insurers better understand and manage protection gaps, strengthen health and retirement resilience, and respond to the growing impacts of climate change across Asia.

GAIP’s work is anchored on 3 pillars: 

• 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 GAIP’s official website for more information.

Refer to the Speech by DPM Heng on the official launch of the GAIP.