Australian Reinsurance Pool Corporation

Home About us Our governance Artificial Intelligence (AI) Transparency Statement

Artificial Intelligence (AI) Transparency Statement 18 Also appears in 18 other agencies AASB ACIAR AFP AFSA AUASB BOM DFAT DSS DVA EDUCATION FINANCE HSRA NAA NLA PC PSR SIA TEQSA

Australian Reinsurance Pool Corporation’s (ARPC) AI Transparency Statement has been developed in accordance with the Digital Transformation Agency’s (DTA) Policy for responsible use of AI in government. (Template language)

Intentions Behind AI Adoption

ARPC uses AI to improve operational efficiency, strengthen our data and analytics capability, and support informed decision making in line with our Corporate Plan. Under the DTA classification system, our current AI use is primarily classified as Workplace productivity and Analytics for insights within the corporate and enabling domain.

*Please see Classification system for AI use for more information on usage patterns related to AI in agencies. 1 Also appears in 1 other agency APRA

• Our current AI use supports workplace productivity, data and analytics, and software development.
• AI capabilities operate within ARPC’s controlled technology and data environment and may access ARPC information and data that the user is authorised to access. Existing access, data governance, privacy and information security controls continue to apply.
• AI is used to assist activities such as research, drafting and summarisation, querying and interpreting data and analytics, and developing, explaining, reviewing and improving software code.
• AI-generated outputs are reviewed by appropriately skilled employees before they are relied on for ARPC business purposes. AI-assisted software code remains subject to ARPC’s software development, security testing, code review and change management controls before deployment.
• ARPC does not currently use AI to interact directly with members of the public, insurers or other external stakeholders. We do not use AI to make decisions or take administrative actions that significantly affect external stakeholders without human review.
• ARPC does not currently permit AI systems to autonomously plan, make decisions or take actions on ARPC’s behalf.
• The Chief Operating Officer is ARPC’s Accountable AI Official and Chief AI Officer.
• The Chief Operating Officer oversees ARPC’s approach to the safe, responsible and effective use of AI. This includes oversight of our AI governance arrangements, promoting responsible innovation and organisational readiness, and approving AI use cases in line with our risk-based governance requirements.
• AI use cases that meet ARPC’s registration criteria are recorded in our AI Use Case Register and have an accountable owner. Registerable use cases are assessed for risk and appropriate controls before being approved for use.
• ARPC employees are required to undertake training on the appropriate use of AI before accessing approved AI capabilities, and on an ongoing basis as required.
• Approved AI use is monitored in accordance with our AI governance framework. Use cases are reviewed when there are material changes to their purpose, functionality, data, risk or operating environment.
• Controls are proportionate to the risks of the use case and include appropriate human oversight, information security, privacy, data governance and monitoring requirements.

Compliance with legislation and regulations 1 Also appears in 1 other agency APRA

• Our use of AI is subject to applicable Australian legislation and ARPC requirements relating to privacy, data governance, information security, recordkeeping and risk management.
• We have established governance, risk management and control arrangements to support responsible use of AI. ARPC has voluntarily adopted the Australian Government’s Policy for responsible use of AI in government as its benchmark for responsible AI governance. (Template language)
• Our information security arrangements provide controls for protecting ARPC information, systems and software when AI is used, including controls applying to AI-assisted software development.

Statement Review and Updates 3 Also appears in 3 other agencies ACQSC APRA DITRDCA

This statement is reviewed at least annually or whenever significant changes occur which materially affect the statement’s accuracy.

For enquiries about ARPC’s AI use please email: enquiries@arpc.gov.au

PACE Login now requires Multi-Factor Authentication

ARPC has introduced Multi-Factor Authentication (MFA) to the PACE portal. This additional layer of protection helps safeguard your data and aligns with best practices for secure digital environments.

Cyclone Insurer Portal (PACE)

PACE Cyclone is ARPC’s Cyclone Reinsurance Pool (cyclone pool) insurer portal, which allows cyclone pool insurers to lodge their company information in a secure and user-friendly environment.

Terrorism Insurer Portal (PACE)

PACE Terrorism is ARPC’s new Terrorism Reinsurance Pool (terrorism pool) insurer portal, which allows terrorism pool insurers to lodge their company information in a secure and user-friendly environment.