On Air Now Sayeh Stone 10:00am - 1:00pm Email
Now Playing Looking For Love Karen Ramirez Download

Financial regulator teams up with AI chatbot

The Island's Financial Services Authority is to use artificial intelligence on its website.

The regulator has signed an agreement with insurance technology company Regsearch after spotting it in 2022's Insurtech Accelerator Program.

Regsearch will provide a chatbot powered by AI to offer help with compliance and reporting.

Ros Lynch, the FSA's head of supervisory practices and innovation strategy says embracing the technology will help improve regulatory standards.

More from Isle of Man Business

Recently Played

Listen Live Listen