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Not many legislations are as controversial as the impending EU
Artificial Intelligence Act, which will regulate the usage of
Machine Learning and Deep Learning methods within the European
Union's economic area.
While it can be argued that adoption of AI methods and processes
has been slow in the insurance business, current wording suggests
that many common practices not previously considered "AI" might be
subject of regulation as well. Although not all details are clear,
there are some areas where there will be consequences as well as an
urgent need for action with respect to the actuarial
practice.
The purpose of this session is to introduce the relevant aspects
of regulation, timelines and consequences with respect to the
actuarial practice. Starting from the study of relevant articles of
the AI Act draft, we will develop an understanding of the impending
consequences and likely interpretations of the legal framework. The
seminar is structured as follows:
- Contents and objects of regulation
- Actuarial relevance
- Example cases
- Implementation advice
- Outlook and discussion
Kindly take note: This session is intended as information
seminar; no legal counselling will take place.
Your early-bird registration fee is € 150.00 plus 19% VAT for
bookings by 11 December 2023. After this date, the fee will be €
205.00 plus 19% VAT.
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