Safeguarding the use of AI in the Insurance sector
30 June 2021
The European Insurance and Occupational Pensions Authority ("EIOPA") has published a report on governance principles for ethical and trustworthy artificial intelligence (AI) in the insurance sector. The report sets out six governance principles that have been developed by EIOPA's Consultative Expert Group on Digital Ethics in Insurance. We have summarised those governance principles and the non-binding guidance for insurance firms on how to implement them in practice throughout the AI system's lifecycle. This should enable you to consider how to position your business in the face of these complex technologies.
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Clifford Chance
