Legal and ethical concerns over artificial intelligence (AI) have been mounting in recent months, especially amid the rise of ChatGPT. As technologies continue to advance, one company believes the insurance industry should collaborate on its own AI code of conduct.
AI-driven insurance intelligence provider Cloverleaf Analytics is calling for carriers and MGAs to steer the conversation on AI ethics. It started a group called the “Ethical AI for Insurance Consortium” to help facilitate that conversation.