Munich Re develops validation service for artificial intelligence systems

Munich Re has set up a new validation tool for a more responsible use of artificial intelligence (AI)-based solutions.

CertAI, is available via the start-up CertX, in which the German reinsurer has held a stake since 2021.

The new system evaluates AI solutions based on six key factors: fairness, autonomy and control, transparency, robustness, functional and cybersecurity, and data protection.