It’s an important step in developing accredited AI systems;
EIS is proud to announce it has achieved the prestigious ISO/IEC 42001 certification, the world’s first international standard for Artificial Intelligence Management Systems (AIMS). This achievement builds upon its portfolio of existing ISO certifications and System and Organization Controls (SOC) Examinations and underscores its commitment to ethical, transparent, and responsible use of AI technologies across the organization.
The ISO/IEC 42001:2023 certification confirms the proactive approach EIS takes to addressing critical concerns such as data protection, bias mitigation, and AI accountability, fostering greater trust among clients, partners, and employees. By achieving this certification, EIS cements its dedication to protecting stakeholders while leading technological innovation.
The certification and audit journey undertaken by EIS was fully supported by its leadership, highlighting their strategic vision and organizational commitment to ethical AI practices. The certification services provided by CPSI Certifications, the Management Systems Certification Body, and the engagement management and SOC services provided by CyberGuard Advantage LLP, guided EIS through this certification milestone.
“AI has been transformative for the insurance industry and will continue to be so. As the technology continues to evolve and advance, it is essential that all development is done in a responsible way to ensure the integrity of the insurance sector and safeguard the people who rely on it. Being the first insurance technology provider to achieve the ISO 42001 certification is a proud milestone for EIS and reflects our pioneering culture and commitment to the ethical development of transformative technologies today and into the future,” Mike Dwyer, CTO, EIS.
EIS is leading the transformation of the insurance market with its cloud-native, event-driven core platform EIS OneSuite™ that empowers insurers to harness the latest technologies and build the customer-centric insurance ecosystems of tomorrow. The openness and data fluidity of the platform have enabled the company to embed and operationalize AI across the entire insurance lifecycle from customer engagement to operations and systems development.
“We are pleased to confirm that EIS has been awarded ISO/IEC 42001 certification following a rigorous and independent audit process. The audit demonstrated that EIS has implemented measures aligned with the standard’s requirements, particularly in the areas of data protection and organizational awareness. This certification supports the company’s efforts to further strengthen its information security posture and enhance its risk assessment practices amid the rapid evolution of AI technologies,” said Dennis Cunanan, Managing Director of CPSI Certifications.
Achieving ISO/IEC 42001 is a testament to the EIS culture of continuous improvement, ensuring ethical AI deployment, transparency, and data security practices remain strong and resilient amid the rapidly evolving technological landscape.
Be the first to comment