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Avoiding Unfair Bias in Insurance Applications of AI Models

Avoiding Unfair Bias in Insurance Applications of AI Models Artificial intelligence (“AI”) adoption in the insurance industry is increasing. One known risk as adoption of AI increases is the ...
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Description: Artificial intelligence (“AI”) adoption in the insurance industry is increasing. One known risk as adoption of AI increases is the potential for unfair bias. Central to understanding where and how unfair bias may occur in AI systems is defining what unfair bias means and what constitutes fairness.
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- Authors: Society of Actuaries
- Date: Aug 2022
- Competency: Results-Oriented Solutions
- Topics: Technology & Applications; Technology & Applications>Artificial intelligence & machine learning

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Avoiding Unfair Bias in Insurance Applications of AI Models