Insurance AI Governance Policy

NAIC model bulletin compliant — covers all AISET examination domains and state AI law requirements.

Chief Compliance Officers, Chief Actuarial Officers, and risk management leaders at property and casualty, life, and health insurance companies subject to NAIC oversight and state insurance AI regulations.

92% of health insurers and 88% of auto insurers report using AI — but NAIC pilot examinations using the AISET tool are now underway, and most insurers have not documented their AI governance in the form examiners expect. AI vendor governance is the most commonly missing piece.

A complete insurance AI governance policy covering: regulatory framework mapping (NAIC, Colorado, EU AI Act, state unfair trade practices), AI governance committee structure, AI model inventory requirements, enhanced requirements for high-risk applications (underwriting, claims, fraud, pricing), third-party AI vendor governance program, unfair discrimination prohibition and testing requirements, and AISET examination readiness documentation.