Leela
Insurance AI and underwriting governance
AI-02
Draft

Validate discrimination risk and performance

Requirement

Have qualified reviewers evaluate predictive and actuarial support, prohibited discrimination risks, data quality and model limitations. Document methods, results, unresolved issues and release conditions.

Trigger

Event-driven

Before deployment and at risk-based monitoring intervals

Action

Have qualified reviewers evaluate predictive and actuarial support, prohibited discrimination risks, data quality and model limitations. Document methods, results, unresolved issues and release conditions.

Evidence
  • Validation report and issue resolution

    Controlled record with date, owner, source and review history

Owner

Model risk reviewer

Leela can
Human required

A person must do the work; Leela can track it and file the evidence.

A qualified person performs and approves this control; Leela can organize its task and evidence.

Applies

Tell Leela about your company to see whether this applies.

Status
Setup needed

Tell Leela how you handle it today, or hand it over: see what’s next.

What’s next?