Monitaur customers understand the value and impact that all modeling systems and types have on their business.
AI is transforming claims processing at a rapid pace, and insurers are taking notice. As AI regulations continue to evolve, insurers must stay proactive. Governance isn’t a one-time initiative—it’s an ongoing process that will define the future of AI in insurance. Learn how the Discovery Navigator team at Verisk pursues best practices for delivering responsible and safe AI products to their customers.
By implementing a consistent and coherent approach to governance, Nayya continuously assesses and mitigates model risk across our products. The impact of following responsible AI practices also extends across internal teams, improving process efficiencies.
Model systems in insurance are prevalent, but with increasing and competing demand among data products, industry regulations, and compliances, you need automated help to provide evidence of governance for your AI models.Speed and efficiency matter when your product and customers are at stake. See how CAPE Analytics goes beyond good intentions for governance with Monitaur.
"Where AI governance frameworks are implemented, AI governance has resulted in more successful AI initiatives, improved customer experience and increased revenue"
Our customers set high standards for accelerating and improving their AI governance programs. They have seen a boost in efficiency, alignment on reviews, and enhanced risk and compliance capabilities for their modeling outcomes.
“Monitaur's software and expertise is foundational to Nayya's AI Governance approach — directly enabling greater transparency, improving processes, and increasing trust internally and amongst our customers.”
"Using Monitaur Govern has created broader transparency within our larger data science community. Through the implementation process we have developed a broad understanding of model performance, including value and business impact company-wide."
“Monitaur’s control library and understanding of common control frameworks not only saved us months initially but have provided an agility to continually adjust and improve our process over time.”
"We thought that AI Governance would be a long journey, but Monitaur exceeded our expectations. In less than 6 months, we were able to increase our AI model inventory by over 700% while also creating foundational AI policies to support our organization's use of AI.
With Monitaur's help, we were able to draft and publish our most critical policies in 32 days. Had we opted to go with an SI or law firm, it would have cost at least 3x as much and taken the better part of a year. For sure, if we didn't have Monitaur, policies alone, we would be 10 miles back."
“Monitaur’s control library and understanding of common control frameworks not only saved us months initially but have provided an agility to continually adjust and improve our process over time.”
“Monitaur's software and expertise is foundational to Nayya's AI Governance approach — directly enabling greater transparency, improving processes, and increasing trust internally and amongst our customers.”
"Using Monitaur Govern has created broader transparency within our larger data science community. Through the implementation process we have developed a broad understanding of model performance, including value and business impact company-wide."