Insurance AI and underwriting governance
AI-03Draft
Oversee third-party models and data
How Leela would run itEvent-driven · before contracting and at material provider changes
Proposed stepsThe requirement
Obtain enough information to evaluate vendor data, methods and performance. Establish oversight, change notification and audit rights appropriate to the risk; escalate unavailable evidence before reliance.
- Before this work
- Vendor documentation, contracts and change notifications Approved due-diligence criteria and accountable reviewers
- 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.
How Leela would run it · proposed steps
- LeelaCollect vendor model and data documentation and draft gaps against approved oversight requirements.Proposed step
- LeelaCompare change notices and contract provisions and track missing evidence before reliance.Proposed step
- Third-party model ownerModel-risk and legal owners assess vendor suitability, approve contractual rights and decide whether evidence is sufficient.Your team decides
What Leela keepsThe evidence this obligation leaves, as the work happens
Listed from the policy libraryContents
- 01Vendor assessment and oversight agreementControlled record with date, owner, source and review history
Evidence
Vendor assessment and oversight agreement
Insurance AI and underwriting governance §3.3
1
of 1 record
The steps are the library’s proposed workflow for this obligation: a description of the work, not a run. The records are its evidence in the library.