Manulife

Insurer Manulife (TSX:MFC) has introduced a ChatGPT plugin for travel insurance, allowing customers to explore and potentially purchase coverage through conversational AI. The move is being discussed as part of the company's broader digital differentiation strategy, raising questions about whether generative AI tools can set the insurer apart in a competitive market and reshape how travel insurance is distributed.

Mahindra Manulife Mutual Fund has entered India's special investment fund (SIF) space with an equity long-short strategy, marking its first product in this newer asset category. SIFs allow fund houses to offer strategies with short-selling and derivatives flexibility beyond traditional mutual funds. The move puts Mahindra Manulife among asset managers expanding into the segment since regulators opened it up.