Manulife Launches First-of-Its-Kind CoverMe Travel Insurance Plugin in ChatGPT

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Manulife Financial Corporation launched a first-of-its-kind CoverMe travel insurance plugin in ChatGPT in late September 2026, allowing eligible Canadian travellers to answer trip questions and receive personalized quotes in English or French. The debut marks Manulife's first global ChatGPT plugin presence, part of the insurer's push to use AI tools to simplify travel protection decisions for consumers. The company also recently completed a long term care reinsurance deal with Munich American Reassurance Company, transferring biometric risk on a C$3.2 billion block of reserves, a move that directly addresses earnings volatility and capital strain tied to legacy U.S. businesses. Manulife's narrative projects CA$61.5 billion in revenue and CA$8.5 billion in earnings by 2029, with a CA$65.20 fair value estimate implying 6% upside to its current price. Four members of the Simply Wall St Community see Manulife's fair value between C$65.20 and C$126.85.

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Manulife launched a first-of-its-kind CoverMe travel insurance plugin in ChatGPT, an AI product development.