Governance Committee
A cross-functional group that oversees AI risk, approves deployments, and reviews testing. Must meet regularly and have authority to pause AI systems.
A governance committee is the group assigned to oversee AI risk within an insurer. It typically includes compliance, legal, underwriting or claims, actuarial, data science, and IT. The committee should meet on a regular cadence and have authority to pause or block AI deployments when risks are not addressed.
The committee’s existence on paper is not enough. Regulators look for evidence that it actually operates: meeting minutes, approved decisions, documented disagreements, and follow-up actions. If the committee has never met, or if its minutes are vague, an examiner will assume the governance program is not running.
A governance committee is one of the four pillars of the NAIC Model Bulletin. It connects risk tiering, testing, human oversight, and vendor monitoring into a single accountable program. See our guides to AI governance in insurance and the NAIC Model Bulletin.