Insurance EuropeInsurance Europe
Position Paper
Views of the EU insurance industry on artificial intelligence

Artificial intelligence (AI) carries enormous transformational potential for industry and society. Its benefits have been widely recognised, and it has become an area of strategic importance for the EU and a key driver of economic development.

However, as with any technological development, it also comes with challenges that need to be assessed and, where relevant, addressed by policymakers and businesses.

Insurance Europe supports actions at EU level to promote and support the development and uptake of AI, as well as actions to facilitate access to and use of data, which is essential for the further development of AI systems.

Any future regulatory framework for AI needs to be consistent with the overall objectives of the EU to promote and encourage innovation, while ensuring respect for European values and principles.

Published 11 June 2020
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