FairPlay, the world’s first “Fairness-as-a-Service” solution for algorithmic decision-making, launched today its new AI bias detection product for the insurance industry, Input Intelligence.
 
The tool will help insurance companies review their data for bias, ensuring they are not proxies for protected characteristics such as race or gender. Insurance companies will benefit from reaching more customers, especially from historically disadvantaged groups, and meeting growing consumer and regulatory demands for greater fairness in insurance. FairPlay’s insurance division will be led by Josh Hershman, former Deputy Commissioner of the State of Connecticut Insurance Department.
 
The new tool is an expansion of FairPlay’s existing fairness solutions for the financial services industry. Please see the full press release here.
 
If you’re interested to hear more about this announcement from Kareem Saleh, CEO and co-founder of FairPlay, or Josh Hershman, the head of FairPlay’s insurance division, please don’t hesitate to let me know. I would be happy to set up interviews.