Pinpoint Predictive Earns Fairness Certification for AI in Insurance

Pinpoint Predictive has achieved an independent fairness certification from ZwillGen's AI Division, marking a significant milestone in ethical AI for the insurance industry. Announced in a press release, this certification underscores Pinpoint's commitment to providing transparent and bias-free AI solutions for property and casualty insurers.

The certification process involved a comprehensive audit of Pinpoint's actuarial loss prediction model, focusing on disparate impact and proxy testing across demographic groups such as race, gender, and age. ZwillGen, a law firm specializing in technology and privacy law, applied standards from key frameworks like the NAIC Model Bulletin on AI in Insurance and the Colorado AI Act to ensure compliance with recognized guidelines for bias detection and transparency.

Scott Ham, CEO of Pinpoint Predictive, emphasized the importance of aligning their technology with industry standards to enhance compliance and improve decision-making for insurers. This achievement further solidifies Pinpoint's position as a leading AI partner for insurers navigating the complexities of AI governance and compliance.