The roster of firms selected for Hong Kong’s first GenA.I. Sandbox++ cohort – AXA, FWD Life, HSBC Life, BOC Group Life, and Manulife among them – signals that agentic AI in insurance is no longer a future consideration. It is an active deployment question, and regulators are writing the governance rules in real time. The Generative Artificial Intelligence Sandbox++ (GenA.I. Sandbox++), announced August 27, 2026, is a joint initiative of the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC), the Insurance Authority (IA), and the Mandatory Provident Fund Schemes Authority (MPFA), in collaboration with Hong Kong Cyberport Management Company Limited. Thirty-six use cases were selected from nearly 100 proposals, involving 30 financial institutions and 27 technology partners. For every licensed broker and intermediary in Hong Kong who is not among those 30 institutions, the key question is not what the sandbox participants are testing. It is what compliance obligations will look like for the rest of the market once testing concludes.
