Zurich Insurance ties up with YAS to cover robots in Hong Kong

Zurich Insurance (Hong Kong) has teamed up with YAS Insurance to supply embedded security for robots, targeting businesses deploying AI and robotics technologies crossed Hong Kong industries.

Zurich volition make tailored micro-insurance products for robots and incorporated the sum wrong YAS' robotics income and work channels.

According to the property statement, the solution is designed to assistance firm clients negociate the operational and repair-related risks that travel with deploying robotic systems.

Zurich Insurance (Greater China) CEO Eric Hui said: "Zurich has agelong championed the wider exertion of InsurTech, which intimately aligns with YAS' vision.

"With this partnership, we anticipation to bring unneurotic our respective strengths, utilizing security to enactment technological improvement and to further alteration integer translation and astute operations for businesses successful Hong Kong."

Businesses utilizing YAS robotics solutions volition person scenario-based sum that includes extortion against robot repair costs arising from insured incidents and compensation for deductibles nether related security policies.

The partners noted that antithetic robotics applications transportation chiseled hazard profiles.

Robots operating connected operation sites contend with analyzable environments and dense machinery, portion those deployed successful retail settings indispensable navigate spaces shared with customers.

The collaboration seeks to code these varying exposures done sum spanning some robot repairs and third-party liability.

Zurich said the tie-up is intended to bolster hazard absorption astir robotics applications and enactment wider adoption of AI-driven technologies successful Hong Kong.

YAS co-founder William Lee added: "Following our earlier collaboration with Zurich connected extortion for electrical taxi fleets, we are delighted to enactment unneurotic again successful the country of robotics insurance. Looking ahead, we program to deepen our 'lab' collaboration with Zurich successful fields specified arsenic autonomous driving, electrical conveyance ecosystem, drones and greenish finance, truthful we tin assistance businesses successful Hong Kong prehend the opportunities brought by innovative technologies."

Earlier this month, Zurich Commercial Insurance took its Data Center Project Guard merchandise global, expanding into Brazil, Germany, Italy, the Nordics and Spain pursuing its US debut successful January 2026.

Originally developed by Zurich North America's operation team, the merchandise secured concern wrong weeks of launching successful the US up of its roll-out crossed the 5 caller markets.

"Zurich Insurance ties up with YAS to screen robots successful Hong Kong" was primitively created and published by Life Insurance International, a GlobalData owned brand.