--- title: "Curated Insight: the NAIC AI Systems Evaluation Tool" description: Explore NAIC's AI Systems Evaluation Tool to assess AI deployment and governance practices effectively. A must-read for industry professionals. image: https://riskinsights.com.au/hubfs/Curated%20Insight%20NAIC%E2%80%99s%20AI%20Systems%20Evaluation%20Tool.png --- [Skip to content](https://riskinsights.com.au/blog/curated-insight-the-naic-ai-systems-evaluation-tool#main-content) [![Risk Insights - Logo - (RGB, Horizontal, Small)](https://riskinsights.com.au/hs-fs/hubfs/Risk%20Insights%20-%20Logo%20-%20(RGB%2c%20Horizontal%2c%20Small).png?width=200&height=40&name=Risk%20Insights%20-%20Logo%20-%20(RGB%2c%20Horizontal%2c%20Small).png)](https://riskinsights.com.au) - [Articles](https://riskinsights.com.au/blog) - [Approach](https://riskinsights.com.au/approach) - [About](https://riskinsights.com.au/about) - [Contact](https://riskinsights.com.au/contact) Open main navigation Close main navigation - [Articles](https://riskinsights.com.au/blog) - [Approach](https://riskinsights.com.au/approach) - [About](https://riskinsights.com.au/about) - [Contact](https://riskinsights.com.au/contact) --- 28 May 2026 # Curated Insight: the NAIC AI Systems Evaluation Tool ![Picture of Yusuf Moolla](https://riskinsights.com.au/hs-fs/hubfs/Yusuf_Moolla_Headshot-transformed.png?width=50&name=Yusuf_Moolla_Headshot-transformed.png) [Yusuf Moolla](https://riskinsights.com.au/blog/author/yusuf) Share: [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://riskinsights.com.au/blog/curated-insight-the-naic-ai-systems-evaluation-tool) [envelope icon](mailto:?body=https://riskinsights.com.au/blog/curated-insight-the-naic-ai-systems-evaluation-tool)   The U.S. National Association of Insurance Commissioners (NAIC) is piloting its [AI Systems Evaluation Tool](https://content.naic.org/sites/default/files/inline-files/AI%20Systems%20Evaluation%20Tool%204.0%20(Clean).pdf). The tool was produced by the [Big Data and Artificial Intelligence Working Group](https://content.naic.org/committees/h/big-data-artificial-intelligence-wg), as a structured framework for insurance regulators to examine how insurers deploy AI and whether governance practices are effective. It is a brief document, packed with specific questions across four core sections: **Exhibit A. AI Usage Inventory.** A map of every AI system used: how many, in which functions, affecting which decisions. This includes vendor-embedded models and ML features inside larger platforms. **Exhibit B. Governance Risk Assessment.** Frameworks and oversight structures, policies, specifics about how processes and procedures address things like residual risk, training, etc. **Exhibit C. High-Risk AI System Details.** Includes claims decisions, underwriting, pricing, and fraud detection (among others). Asks about purpose and use case, who developed the model (internal or vendor), risks, testing details, validation and review, etc. **Exhibit D. AI Data Details.** Provides a predefined list of data element types, and asks for information for each (type of system, description of how used, data source). Practical and informative. Well worth a read.   --- Disclaimer: The info in this article is not legal advice. It may not be relevant to your circumstances. It was written for specific contexts within banks and insurers, may not apply to other contexts, and may not be relevant to other types of organisations. ---     ## Related posts [![Insurance written on a chip, with finger pointed at it](https://riskinsights.com.au/hs-fs/hubfs/image_fx%20%281%29.png?height=200&name=image_fx%20%281%29.png)](https://riskinsights.com.au/blog/curated-insight-2) ## [Curated Insight: The Use of AI in Insurance (NAIC)](https://riskinsights.com.au/blog/curated-insight-2) 09 May 2025 TL;DR • This featured resource is from the U.S. National Association of Insurance Commissioners •... [Read more](https://riskinsights.com.au/blog/curated-insight-2) [![Learn definition highlighted in red in the dictionary](https://riskinsights.com.au/hs-fs/hubfs/Learn%20definition%20highlighted%20in%20red%20in%20the%20dictionary.jpeg?height=200&name=Learn%20definition%20highlighted%20in%20red%20in%20the%20dictionary.jpeg)](https://riskinsights.com.au/blog/curated-insight-nist-trustworthy-ai-glossary) ## [Curated Insight: NIST’s Trustworthy AI Glossary](https://riskinsights.com.au/blog/curated-insight-nist-trustworthy-ai-glossary) 21 Aug 2025 TL;DR • This resource is from NIST (the U.S. National Institute of Standards and Technology). • A... [Read more](https://riskinsights.com.au/blog/curated-insight-nist-trustworthy-ai-glossary) [![Shea Brown](https://riskinsights.com.au/hs-fs/hubfs/Shea-Brown-2.jpg?height=200&name=Shea-Brown-2.jpg)](https://riskinsights.com.au/blog/podcast-guest-3-shea-brown) ## [Interview: Shea Brown, BABL AI](https://riskinsights.com.au/blog/podcast-guest-3-shea-brown) 31 Jan 2025 This is the third guest interview episode of Algorithm Integrity Matters. [Read more](https://riskinsights.com.au/blog/podcast-guest-3-shea-brown) We acknowledge Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of the lands on which we live and work. We pay our respects to Elders past and present, and honour the rich diversity of the world's oldest living cultures. [View our LinkedIn page](https://www.linkedin.com/company/riskinsightsap) [email us](mailto:info@riskinsights.com.au) [Call us](tel:+61408946143) 2026 Risk Insights Pty. Ltd. | [Privacy](https://riskinsights.com.au/privacy-policy) | [Disclaimer](https://riskinsights.com.au/disclaimer) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Yusuf Moolla", "url" : "https://riskinsights.com.au/blog/author/yusuf" }, "dateModified" : "2026-05-27T20:30:00.873Z", "datePublished" : "2026-05-27T20:30:00.000Z", "headline" : "Curated Insight: the NAIC AI Systems Evaluation Tool", "image" : [ "https://riskinsights.com.au/hubfs/Curated%20Insight%20NAIC%E2%80%99s%20AI%20Systems%20Evaluation%20Tool.png" ], "mainEntityOfPage" : { "@id" : "https://riskinsights.com.au/blog/curated-insight-the-naic-ai-systems-evaluation-tool", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://riskinsights.com.au/hubfs/Risk%20Insights%20-%20Logo%20-%20(RGB%2c%20Horizontal%2c%20Small).png" }, "name" : "Risk Insights Pty. Ltd." } } ```