The insurance industry has been an early adopter of AI systems, which are reshaping how insurers assess risk, underwrite policies, detect fraud, engage with customers, and conduct their internal business…
On September 21, 2023, the Colorado Division of Insurance (the “Division”) released Regulation 10-1-1, Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information…
As we approach the end of the year, here are the Top 11 Artificial Intelligence (“AI”) posts on the Debevoise Data Blog in 2024 by page views. If you are…
When drafting policies on the use of artificial intelligence, one challenge that many businesses face is how to define AI, and relatedly, when should AI governance and compliance programs apply…
On July 11, 2024, the New York State Department of Financial Services (the “NYDFS”) adopted Insurance Circular Letter No. 7 regarding the Use of Artificial Intelligence Systems and External Consumer…
On January 17, 2024, the New York State Department of Financial Services (the “NYDFS”) issued a Proposed Insurance Circular Letter regarding the Use of Artificial Intelligence Systems and External Consumer…
On September 21, 2023, the Colorado Division of Insurance (the “DOI”) released its Final Governance and Risk Management Framework Requirements for Life Insurers’ Use of External Consumer Data and Information…
On Friday, July 7th, 2023, Eric Dinallo, Avi Gesser, Erez Liebermann, Marshal Bozzo, and Stephanie Thomas hosted a webcast that examined the Revised Proposed 2nd Amendment to the Part 500…
On Tuesday, June 13, 2023 Eric Dinallo of the Insurance Regulatory Group and Avi Gesser and Stephanie Thomas of the Data Strategy & Security Group hosted an informative discussion on…
On May 26, 2023, the Colorado Division of Insurance (the “DOI”) released its Revised Draft Algorithm and Predictive Model Governance Regulation (the “Revised Regulation”), amending its initial draft regulation (the…