Hong Kong, June 25, 2026 (GLOBE NEWSWIRE) -- Mint Incorporation Limited ("Mint" or the "Company", together with its subsidiaries, the "Group", NASDAQ: MIMI), a Hong Kong-based company strategically focused on artificial intelligence (AI) and robotics, and an established business interior design and fit-out works provider, today announced that its wholly-owned subsidiary, Axonex Intelligence Limited ("Axonex"), has entered into a collaboration with YAS, Hong Kong's leading embedded insurance technology company, with underwriting provided by an insurance company under a global insurance group headquartered in Switzerland, to jointly develop an embedded micro-insurance solutions purpose-built for commercial robots, among the first of its kind in Asia. Through this innovative insurance solution, the initiative helps remove a significant barrier to enterprise adoption of AI-powered robots, accelerating the commercial deployment of robotics across Hong Kong and Southeast Asia.
At the core of this partnership, Axonex focuses on robotic data collection and analytics. Under the collaboration framework, combined with Axonex's robotics data, Axonex and YAS will develop usage-based and predictive micro-insurance products/usage-based and predictive micro-insurance products will be developed.
"Embedded insurance" refers to the integration of insurance protection directly into the purchase or usage process of another product or service. Through this collaboration, insurance is no longer a standalone policy but rather a seamless benefit that accompanies Axonex's robotics services. Clients can focus on leveraging robots to enhance business efficiency, while insurance protection is automatically activated in the background, making risk management simpler and more frictionless. Businesses will obtain relevant coverage at the point of service activation of Axonex-powered robot deployments without complicated, lengthy insurance procurement processes, significantly raising deployment efficiency.
Mr. Damian Chan, Chairman of the Board and Chief Executive Officer of Mint, said: "Axonex is pioneering a new model where robotics companies don't just sell hardware — we actively help customers manage the full risk lifecycle of robot deployment. Our joint venture with YAS on robotic data gives us deeper insights into how robots actually operate in real environments across Hong Kong and the region. Through YAS's platform, combined with our collaborator's underwriting capabilities, we develop smarter, more accurate, and truly embedded insurance products, ensuring that the coverage design is not only aligned with actual operational risks of robots but also sustainable. More importantly, Axonex goes beyond providing advanced robotics hardware to actively help customers manage the full risk lifecycle of robot deployment. This "hardware + data + insurance" one-stop service model differentiates Axonex from other robotics companies that offer only hardware or software, delivering greater overall value to customers and significantly enhancing its competitive advantage.