As the regulatory landscape surrounding AI in the insurance industry continues to evolve, so too do the complexities that organizations must navigate. In this latest installment of Lunchtime BABLing, BABL AI CEO Shea Brown is joined by guest host and COO Jeffery Recker to explore the challenges and opportunities posed by these shifting regulations. With AI playing an increasingly pivotal role in assessing risk, optimizing claims processes, and enhancing customer service, the conversation provides valuable insights into how the industry is adapting to new compliance demands.
Key Regulations in AI Insurance
Discover the pivotal regulations shaping AI in the insurance industry, including New York State Circular Letter No. 7 and Colorado Regulation 10-1-1. Find out how these laws impact insurers and the compliance requirements they must navigate.
Risk Management & Governance
Learn how to seamlessly integrate AI into existing risk management frameworks, with a focus on essential practices like bias testing and mitigation.
Third-Party Vendor Oversight
Explore the heightened due diligence insurers must apply to third-party vendors and how to ensure compliance with new regulatory standards.
Transparency & Documentation in AI Insurance
Understand the importance of transparency in AI operations and the critical documentation required to stay compliant with evolving regulations.
Conclusion
On our latest episode of Lunchtime BABLing, Shea and Jeffery not only offer practical advice, but share best practices for navigating this complex regulatory landscape. Whether you’re just getting started with AI compliance or looking to fine-tune your strategy, this new episode is packed with actionable insights for insurance professionals and compliance officers alike.
Where to Find Episodes
Lunchtime BABLing can be found on YouTube, Simplecast, and all major podcast streaming platforms.
Need Help?
For more information and resources on AI in insurance, or other forms of AI compliance, be sure to visit BABL AI’s website and stay tuned for future episodes of Lunchtime BABLing
