Vall Herard, CEO of Saifr, highlights that the company’s AI Agent significantly trims compliance review cycle times by up to 70%, ensuring regulatory consistency and enabling marketing teams to preemptively address compliance issues. However, experts stress the importance of human oversight in AI processes. Stacy Koron from First Consulting warns that while AI accelerates product development, it may miss critical compliance aspects. Both Koron and First Consulting’s Cox advocate for a “human in the loop” approach, ensuring that AI serves as a supplement, not a substitute, for human review. To balance innovation and risk, Vectara’s Chapman suggests insurers employ structured AI governance frameworks. This includes mandatory employee training on responsible AI usage, monitoring tools for AI deployment tracking, and involving senior executives for transparency and accountability. By prioritizing compliance principles and consumer protection, insurers can effectively navigate the evolving landscape of AI technology while maintaining regulatory integrity.
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