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Grant Award View - GA236584-V1
Socially Responsible Insurance in the Age of Artificial Intelligence
GA ID:
GA236584-V1
Agency:
Australian Research Council
Approval Date:
26-Apr-2022
Variation Publish Date:
4-Jul-2023
Variation Date:
6-Jun-2023
Category:
Humanities, Arts and Social Sciences (HASS) Research
Grant Term:
15-Feb-2023 to 14-Feb-2026
Value (AUD):
$496,042.00
(GST inclusive where applicable)
Varies:
GA236584
- Socially Responsible Insurance in the Age of Artificial Intelligence
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
ARC 21/22 Linkage
Grant Program:
Linkage Projects
Grant Activity:
Socially Responsible Insurance in the Age of Artificial Intelligence
Purpose:
This project aims to discover the social costs and benefits of using Artificial Intelligence in insurance, and to design practical interventions—responsible design workshops, practical guidance, regulatory proposals, new algorithmic tools—that realise the benefits while mitigating the costs. It expects to generate new knowledge drawing on philosophy, law and sociology, working closely with practitioners at the forefront of deploying AI in insurance. Expected outcomes include novel ethical AI-based approaches to product design, pricing and claims administration. This should benefit insurers and consumers, realising efficiency gains made possible by AI, without unacceptable costs to privacy, fairness, and the unaccountable exercise of power.
GO ID:
GO Title:
Linkage Projects for funding applied for in 2021
Internal Reference ID:
LP21 Round 2
Selection Process:
Targeted or Restricted Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
The Australian National University
Recipient ABN:
52 234 063 906
Grant Recipient Location
Suburb:
ACTON
Town/City:
ACTON
Postcode:
2601
State/Territory:
ACT
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
ACT
Postcode:
2601
Country:
AUSTRALIA