Experts gather in Malta to address digital risks in insurance

Malta is leading in the insurance sector’s response to digital transformation and emerging global risks.

At the centre of this push was a high-level forum, Innovating Insurance: Malta’s Digital Shift and Emerging Risks, hosted by FinanceMalta and the University of Malta’s Department of Insurance and Risk Management.

The event gathered regulators, professionals, academics, and students from across Europe and beyond to examine the future of insurance.

Two panel sessions addressed how technological innovations are reshaping the insurance landscape, focusing on the role of AI, cyber threats, and climate-related risks.

Speakers praised AI’s ability to enhance fairness and transparency by processing large data sets, warning of the need to retain human oversight for accountability.

Cyber insurance was highlighted as a fast-growing necessity, though panellists underlined it should complement—not replace—strong internal risk management and resilience strategies.

Regulatory authorities welcomed a growing cultural shift towards more proactive risk governance, encouraging businesses to match their investment in digital tools with equal commitment to cybersecurity.

Discussions also explored new digital models’ legal and regulatory consequences, reaffirming Malta’s role as a serious contributor to global insurance dialogue.

The event formed part of an international course on insurance regulation, underlining Malta’s strong academic–industry–regulator collaboration.

Organisers and speakers expressed confidence that Malta, despite its size, is playing a meaningful part in shaping a resilient and future-oriented insurance ecosystem.

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