From the NAIC Model Bulletin to Practice - Understanding AI Governance Expectations for Insurers

As regulatory expectations mature - from the Model Bulletin on AI to the AI Systems Evaluation Supplement pilot - governance professionals need visibility into where AI is used, shared definitions and risk classifications, model inventories, documentation, monitoring, and clear accountability. Join Credo AI’s Akanksha Ray and the NAIC's Miguel Romero for a practical look at what regulators expect from insurers on AI governance.- including:

• The AI Systems Evaluation Tool pilot, already underway, with a path toward consideration for adoption at the Fall National Meeting
• What it takes to move from adoption to implementation — shared definitions for AI, machine learning, AI systems, consumer harm, and risk classes
• Why governance is more than a compliance exercise: carriers that can articulate a clear, credible governance story are better positioned to respond to inquiries
• The disproportionate burden on smaller and regional carriers facing the same regulatory expectations with fewer resource