GAIP Insurance Innovation Competition 2025
To All UG Students,
GAIP Insurance Innovation Competition 2025 is now calling for applications.
About the Competition
The local round of the competition is hosted by Department of Statistics and Actuarial Science, HKU. The theme of this year’s competition is “Insurance Innovation”. Participants will submit a proposal related to innovations in the insurance industry (e.g. new products, AI use, and distribution channels).
Important Dates
Registration deadline: June 6, 2025 (Friday) 23:59 HKT
Preliminary round submission deadline: June 20, 2025 (Friday) 23:59 HKT
Local finalist announcement: June 30, 2025 (Monday)
Local final round: July 17, 2025 (Thursday)
Global final round in Singapore: August 14-15, 2025 (Thursday and Friday)
Local Round Prize
1st Prize: HK$18,000 + trophy + traveling and accommodation for the global final round in Singapore
2nd Prize: HK$9,000 + trophy
3rd Prize: HK$4,000 + trophy
Global Round Prize
1st Prize: US$15,000
2nd Prize: US$8,000
3rd Prize: US$3,000
Application
Interested students should form a team of 3 to 4 students and the team leader should register at https://hkuems1.hku.hk/hkuems/ec_hdetail.aspx?guest=Y&ueid=100090by June 6, 2025 (Friday).
For more details about the competition, please refer to the official website at https://saasweb.hku.hk/saas_ashk_gaip2025/.
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Disclaimer:
1 Please note that student participants of this competition will be responsible for their own safety while traveling outside of Hong Kong (provided that the students can be able to advance to the Global Final Round) and should arrange sufficient insurance coverage for the overseas trip(s). Students shall bear the consequences of their decisions for the trip(s).
2 Students are responsible for all trip-related expenses. The Faculty will not be liable for any expenses and costs incurred in this competition plus the overseas trip(s).
3 The data collected is solely administered by the organiser. The Faculty shall not be held liable in the case that disputes, loss or any other situations arise.