American InsurTech Council
The AITC's mission is to encourage and promote a modern regulatory environment for technology driven innovation that seeks to improve the business of insurance and consumer experience. AITC’s activities include guiding policy development, strategic counsel, communications, and advocacy before the federal and state legislators and regulators, and organizations such as the National Association of In
11/25/2024
The American InsurTech Council (AITC) is extremely proud that two of its Sponsoring Companies – Assured Allies and LexisNexis Risk Solutions - testified before the Life Insurance and Financial Planning Committee at the National Conference of Insurance Legislators (NCOIL) Annual Meeting in San Antonio on November 22, 2024. Michael Gugig, General Counsel of Assured Allies, discussed Assured Allies’ groundbreaking innovations in the long term care insurance marketplace with Committee members. Patrick Sugent, VP of Data Science at Lexis Nexis Risk Solutions, presented his companies’ 2024 Life Insurance Mortality Study. AITC appreciates NCOIL for recognizing these two companies for their leadership in driving innovation in insurance.
Alaska Division of Insurance adopts NAIC Artificial Intelligence Principles.
On February 1, ADI issued Bulletin B 24-01, AI Systems in Insurance, that is intended as a guide for insurers as they develop and use AI systems. The bulletin includes General, Governance, and Risk Management and Internal Control guidelines. Alaska is the first state to adopt the National Association of Insurance Commissioners AI Principles.
Link to the Bulletin:
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| Thursday | 9am - 5pm |
| Friday | 9am - 5pm |