BAKU, Azerbaijan, January 28. Azerbaijan and Japan have engaged in talks regarding future collaboration in the insurance sector, the Azerbaijan Insurers Association (AIA) told Trend.
The discussions, which were organized with the support of the AIA, took place in Tokyo as part of a visit by a delegation of Azerbaijani insurance leaders, covering both life insurance and other types of coverage.
The main goal of the visit was to explore the application of innovative technologies, digital solutions, and artificial intelligence used by leading Japanese insurance companies.
During the visit, the Azerbaijani delegation held meetings with several reputable companies, including Ichinen Holdings, PricewaterhouseCoopers (PwC), Aioi Nissay Dowa Insurance Co., SOMPO Holdings Inc., Dai-ichi Life Insurance Company, and Toa Reinsurance Company.
It was noted that the meetings provided Azerbaijani insurers with a golden opportunity to soak up Japan’s cutting-edge practices in the field and dive into crucial discussions geared towards enhancing collaboration.
Additionally, the delegation met with the chairman of the Japan Life Insurance Association, Toyonari Sasaki, who is also a board member of the Global Federation of Insurance Associations (GFIA), an organization that includes AIA. The talks also focused on the future of bilateral relations between the two nations.
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