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Insurer

An entity holding a certificate of authority to conduct insurance business in Vermont.

Definition

Any entity holding a certificate of authority to conduct business in Vermont, subject to the DFR's regulatory guidance regarding the use of AI systems in their operations.

Vermont Act 89 - AI in Insurance

Related Terms

Unfair Trade Practices

Deceptive or unethical business acts in insurance, including those enabled by AI systems....

AI Business Operator

Entity that develops, provides, or operates AI systems....

AI developer/provider

Entity that develops, deploys, or offers AI products or services....

AI provider

Entity that develops or supplies an AI system....

AI service providers

Entities offering AI-enabled functionality to end users....

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