Guidance on AI and Discrimination in Insurance
Learn more about how to mitigate AI-informed discrimination risks in insurance pricing and underwriting.
Technology and data
News story
04 July 2023
Summary
Learn more about how to mitigate AI-informed discrimination risks in insurance pricing and underwriting.
Guidance Resource
The Actuaries Institute and the Australian Human Rights Commission have partnered to produce the Guidance Resource on Artificial Intelligence (AI) and Discrimination in Insurance Pricing and Underwriting (the Guidance Resource).
The Guidance Resource provides information on:
- the key pieces of legislation
- the risks of discrimination arising from the use of AI
- how to mitigate these risks.
The Guidance Resource provides practical guidance for insurers on complying with the relevant legislation, as addressed in the resource, when using AI for insurance pricing and underwriting.