On October 3, Miami Insurance partner Jake Monk gave two presentations at the International Claim Association’s Annual Education Conference in Marco Island, Florida.
Jake presented on artificial intelligence and early legislation and regulations on insurers related to their use of predictive modeling and algorithmic decision making in a presentation titled, “Rise of the Machines: An Overview of Artificial Intelligence and Early Regulations on the Insurance Industry.” He focused on and demonstrated a variety of artificial intelligence tools, such as generative pre-trained transformers (GPTs), and examined recent legislation and proposed regulations on life insurance underwriting, civil rights acts, and fair housing legislation targeting predictive decision making and the potential impacts on life and disability insurers.
In a separate seminar, Jake also presented on the legal background and legal considerations related to e-signatures in the fields of life and disability insurance in a presentation titled, “E-Signatures: A Changing Paradigm of Identity,” along with co-panelists Alejandra Muller (Special Investigator at American Fidelity Assurance Company) and Jake Obstfeld (Head of Client Development at Evadata, Inc.) who discussed fraud and technological considerations with electronic signatures.
About Jake Monk
Jake Monk is a litigation partner in the Miami office of Shutts & Bowen LLP, where he is a member of the Insurance Law and Appellate Practice Groups. Jake regularly represents insurance carriers and other corporations in trial and appellate matters throughout the state and federal court systems. He has defended insurance carriers in life, disability, and motor vehicle insurance litigation. He has also defended corporations in various class actions where they have been sued for alleged violations of the Fair and Accurate Credit Transactions Act (“FACTA”), the Telephone Consumer Protection Act (“TCPA”), and Florida’s Deceptive and Unfair Trade Practices Act (“FDUTPA”).