<p><p>Check out the babl.ai website for more stuff on AI Governance and Responsible AI!</p></p>

<description>&lt;p&gt;&lt;p&gt;Check out the babl.ai website for more stuff on AI Governance and Responsible AI!&lt;/p&gt;&lt;/p&gt;</description>

Welcome back to another insightful episode of Lunchtime BABLing! In this latest episode, our CEO Shea Brown is joined by guest host Jeffery Recker to dive deep into the rapidly evolving regulatory landscape surrounding AI in the insurance industry. 

In this episode, Shea and Jeffery explore:

The Key Regulations: Discover the major regulations affecting AI in insurance including New York State Circular Letter No. 7, and Colorado Regulation 10-1-1. Learn how these laws are shaping the industry and what insurers need to be aware of. 📜💼

Risk Management & Governance: Understand the essentials of integrating AI into existing risk management frameworks and the importance of bias testing and mitigation. 📊🔎

Third-Party Vendor Oversight: Learn about the increased due diligence required for third-party vendors and how insurance companies can ensure compliance with these new regulations. 🕵️‍♂️🔗

Transparency & Documentation: Get to grips with the requirements for transparency in AI use and the critical documentation needed to stay compliant. 📚🔒

Shea and Jeffery provide practical advice and best practices for navigating this complex regulatory environment, offering valuable insights for insurance professionals and compliance officers. Whether you're new to AI regulations or looking to refine your compliance strategy, this episode is packed with actionable information.

Tune in now and stay ahead of the curve! 🔊✨

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