Computable Insurance

Computable Insurance

April 12, 2023

A Workshop sponsored by the CodeX Insurance Initiative

On April 12, the CodeX Insurance Initiative  will host a one-day workshop discussing the state-of-the art in computable insurance products.

The workshop will specifically focus on current issues facing insurance innovators seeking to leverage computable contracts technologies in insurance contexts.

This invitation-only event is targeted towards insurance thought leaders already engaged with these questions.  If interested in participating, please contact tech@law.stanford.edu and copy ogoodenough@vermontlaw.edu.  Further information on the CodeX Insurance Initiative and insurance players involved in the initiative can be found here.

Agenda

April 12, 2023: 

  • 9:00a – 9:10a  –  Welcome & Introductions
  • 9:10a – 10:10a – The Stanford CodeX Insurance Initiative Retrospective and State-of-the-Art on Computable Contracts
  • 10:10a – 10:30a – Demo 1: Building Computable Contracts
  • 10:30a – 11:00a – Break
  • 11:00a – 12:15p – Computable Contracts & Large Language Models: An Acceleration Tool or Replacement?
    • Short Presentations & Breakout Sessions
  • 12:15p – 1:30p – Lunch
  • 1:30p – 3:00p – Demos and Implementation Discussion
    • Structure of the bargain, current documentation approaches, and their influence on the computational representation of insurance contracts
    • What’s the starting point? Current natural language contracts or an abstracted bargain?
    • Which programming languages make sense for the translation?
    • Knowledge-share on technical implementations
  • 3:00p – 3:30 – Break
  • 3:30p – 4:00p – Insurance Portfolio Management
  • 4:00p – 4:45p –  Community Building and What’s Next
    • Interoperability and standards
    • FINOS (Linux), ACORD
  • 4:45p – 5:15p – Wrap up & Close