Artificial intelligence and model governance built for insurance
The latest artificial intelligence models add to the complexity of your existing modeling systems. When model governance is conducted effectively throughout the modeling lifecycle, teams see a higher achievement of business objectives, organizational alignment, and acceleration of AI systems.
Monitaur enables oversight for built and purchased AI across predictive, generative, and agentic systems. It delivers inventory, regulatory, and standards management, governance workflows, and automated policy enforcement.
Insurers need to evolve their governance practices to achieve success with AI
Model filings, market conduct, NAIC, ASOP, ECDIS, 56 DOI’s, and insurance jurisdictions - we get you!
Regulatory transparency
The simple realization is that many companies are not prepared to adhere to the changing regulatory requirement landscape at global or industry levels. In the US, the recent bulletin from NAIC and the technical requirements from NIST highlight the complexities of compliance.
AI model quality and business outcomes
80% of AI projects do not achieve business objectives (McKinsey, 2023). This shatters the myth that models must be fully developed before employing governance strategies. The foundation models that you see today are evolving. Models that check other models also need to be governed. How are you thinking about the entire AI system?
Static governance and committee structures are not built to handle emerging automations built on AI. When done correctly, robust governance enables higher achievement of business objectives, organizational alignment, and acceleration of modeling projects.
The Monitaur “policy to proof” roadmap for AI governance frameworks
Uniting every stage of your AI and model governance journey with our software. Turn the concepts in AI governance frameworks into actionable governance practices that your company can roll out at scale.
Software that operationalizes AI governance
To succeed with AI, model governance and model risk management take on a new urgency. Monitaur has the most comprehensive and effective AI and model governance solution available.
Scalable human oversight across high-risk models
A central system of record to govern the models and AI products that are built or bought across your business.
Manage third-party risks from AI vendors
Establish clear AI vendor ownership through a centralized inventory and pre-mapped controls. Map once, govern at scale>>
Continuously validate model performance
Leverage Monitaur's libraries and API's to connect to your models and model infrastructure and gain automation of controls and continuous objective validations.
Customers trust Monitaur's software and expertise to simplify governance
“We conducted a global RFP evaluating a wide range of solution providers for AI Governance. Monitaur stood out with a unique approach and a deep understanding of the AI governance domain. Their readiness to deliver and collaborate with a large enterprise like NiCE was clear from the outset.”
Why customers choose Monitaur
You must have actionable AI governance in place to make sure there is effective and responsible use of AI systems within your organization.
Join leading companies like NiCE, Nayya, and their S&P 500 insurance customers who trust Monitaur technology and solutions for their AI governance.
Let's make governance work better for you >>