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Daniela Rode on Ai Regulation: "It Would Be Immensely Important to Us as an Industry that Regression Models Are Not Ai in the Sense of the Ai Act. You Really Have to Leave the Church in the village."
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Artificial intelligence is widely used by insurers. This is why the time has now passed when Bafin is looking at every single use case at the companies, said Sebastian Schnitzler at the supervisory authority conference. Nevertheless, the insurance industry is facing the risk of double regulation by the EU-AI Regulation (AI Act). Daniela Rode, head of Signal Iduna, demanded a practical supervision and a clear definition of the term AI. Daniela Ro…
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