To establish and maintain national standards for artificial intelligence in the insurance industry, ensuring ethical implementation, regulatory compliance, and consumer protection through comprehensive certification and governance frameworks.
NAICAS brings together industry leaders, regulatory experts, and technology innovators to create a unified approach to AI adoption that benefits all stakeholders while maintaining the highest standards of integrity and transparency.
Our standards benefit every stakeholder in the insurance ecosystem, from consumers to regulators.
Enhanced protection through transparent AI decision-making processes, fair pricing algorithms, and clear explanations of automated decisions affecting their policies and claims.
Access to certified AI tools that improve efficiency while maintaining compliance, reducing regulatory risk and enhancing customer trust through standardized practices.
Standardized AI implementation reduces development costs, accelerates time-to-market, and provides clear regulatory pathways for innovative insurance products and services.
Clear certification pathways and standardized requirements enable faster product development, easier market entry, and increased credibility with insurance partners.
Standardized AI oversight reduces regulatory burden while ensuring consumer protection, market stability, and consistent enforcement across jurisdictions through collaborative governance.
Four specialized committees ensure comprehensive oversight and expertise across all aspects of AI governance in insurance.
Key milestones in the development of national AI standards for the insurance industry.
National Artificial Intelligence Compliance and Standards organization established with founding members from across the insurance ecosystem.
First comprehensive set of AI standards and compliance guidelines published, establishing the foundation for certification programs.
Four-level certification program launched with first cohort of certified AI systems and vendor partnerships established.
Inaugural NAICAS Summit brings together industry leaders, regulators, and technology experts to shape the future of AI in insurance.
Public registry of certified AI systems goes live, providing transparency and trust for consumers and industry stakeholders.