The National Association of Insurance Commissioners’ (NAIC) Big Data and Artificial Intelligence (H) Working Group released a request for information (RFI) to explore the potential drafting of a model law to regulate insurers’ use of artificial intelligence (AI) systems. The RFI asks stakeholders to provide comments on whether uniform statutory requirements for AI are needed in the insurance industry.
An Update on NAIC’s Consideration of AI Model Law for Insurers
Posted In Privacy and Data Security
Amber AdairAmber Adair represents clients in the financial and technology space. She has experience with financing programs, colocation, technology licensing, technology maintenance and service agreements, technology development, technology implementation service agreements, and cloud-computing transactions such as software-as-a-service (SaaS) and infrastructure-as-a-service, with an emphasis on privacy, security and finance-related issues. In addition, she represents clients in information technology and business process outsourcing transactions. Read Amber Adair's full bio.
H. Michael ByrneH. Michael (Mike) Byrne has extensive experience in complex insurance transactions, regulation and InsurTech matters. He advises US and international insurers and reinsurers, investors, producers and technology companies on a broad range of matters, including obtaining regulatory approvals and conducting due diligence for M&A; obtaining approvals for affiliate transactions; forming, licensing and structuring business operations; drafting and negotiating distribution and administration agreements; and developing and obtaining approvals for unique products. He delivers practical and business-focused counsel on novel issues. Read H. Michael Byrne's full bio.
Zachary (Zach) CougerZachary (Zach) Couger focuses his practice on technology, outsourcing, and commercial transactions, with a particular emphasis on matters involving artificial intelligence. Read Zach Couger's full bio.
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