AI Development

IRDAI forms working group on AI governance for insurance sector

June 19, 2026 · High importance · policy
Editorial Analysis

The Insurance Regulatory and Development Authority of India (IRDAI) constituted a seven-member working group to develop governance frameworks, best practices, and safeguards for AI use in insurance. This addresses innovation, risks, data protection, and implications for policyholders amid growing AI adoption in financial services.

At a Glance
Date
June 19, 2026
Importance
High 4/5
Category
policy
Axis of Change
Regulatory Constraint
Organizations
IRDAI Government of India
Models Affected
No specific model identified
Sources
  1. 01 thehindu.com
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