American InsurTech Council and InsurTech Association Announce Strategic Alliance to Shape the Future of Insurance Technology | PR Newswire [Video]

The collaboration aims to drive innovation in insurtech and regulatory policy

, /PRNewswire/ — The American InsurTech Council (AITC) and the InsurTech Association (ITA) have announced the creation of a new strategic alliance to help shape the direction of how insurance carriers use Artificial Intelligence (AI) and related digital technologies.

By merging their expertise and resources, AITC and ITA are set to offer valuable insights to policymakers tasked with establishing regulatory standards for AI in insurance. This partnership signifies a significant stride towards fostering innovation in regulatory policies and driving positive industry transformation, particularly in technology integration and advancement.

AITC is a nonprofit, independent advocacy organization formed by seasoned insurance professionals, including former regulators, dedicated to advancing public interests through regulatory policies that promote ethical, technology-driven innovations in insurance.

ITA is a nonprofit association with a mission of advancing innovation in insurance with over 130 member companies. The association was …