Model Risk Management and AI Governance for Insurance
Insurers are shifting from traditional actuarial models to real-time AI for underwriting and claims. This evolution requires a unified approach to risk.
Yields provides a single, automated platform to manage Model Risk Management (MRM) and AI Governance in parallel, ensuring your institution stays compliant, efficient, and secure.
Why leading insurers choose Yields
Manual validation and fragmented spreadsheets are no longer enough for modern insurance. We help you transition to Automated Model Risk Management.
Enterprise-Wide Oversight
A centralized inventory for all models, from actuarial tables to AI-driven claims automation.
Regulatory Readiness
Meet Solvency II, EIOPA, and EU AI Act requirements with automated documentation.
Efficiency at Scale
Reduce manual testing time by up to 80% through automated validation engines.
Continuous Monitoring
Shift from periodic reviews to real-time monitoring of model drift and performance.
Multi-Governance
Manage MRM and AI Governance in one tool. Break down silos and ensure a consistent risk appetite.
Yields offers one platform.
Two solutions.
Use them together or standalone. Depending on what your organisation needs.
Model Risk Management Software
Structure, document, and validate traditional and AI models with confidence. Built for financial institutions and any company relying on predictive models.
AI Governance Software
Control your AI (use case) landscape with clear oversight, risk tracking, and built-in compliance. Perfect for teams preparing for the EU AI Act or wanting a structured approach to AI risk.
Built for Every Line of Defense
Our platform creates a 'single source of truth' that connects your entire organization:
First line of defence (Model Owners)
Speed up development with standardized testing templates.
Second line of defence (Validation Teams)
Focus on high-level analysis instead of data cleaning.
Internal Audit
Access a full, immutable audit trail of every model version and decision.
Specialized support for insurance models
Our platform is built to handle the actuarial complexity and stringent regulatory requirements of the insurance industry.
Actuarial & Solvency II
Automate validation for pricing, reserving (IBNR), and Internal Models.
Underwriting & Pricing
Ensure accuracy and transparency in automated pricing engines to avoid adverse selection.
Claims & Fraud
Validate AI models for claims handling to ensure fairness and explainability.
Generative AI
Apply institutional-grade governance to LLMs, focusing on safety guardrails and data privacy.
One platform.
Clear control.
Organizations choose Yields to replace fragmented tools and manual processes with a single source of truth for models and AI. The result is better oversight, stronger governance, and confidence in decisions driven by models and AI.
