The Portuguese Insurance and Pension Funds Supervisory Authority (ASF) has launched a preliminary market consultation to support the potential acquisition of artificial intelligence tools for more efficient, predictive and risk based supervision. Through InovaSup Day 2026, the ASF presented its operational needs to 20 technology companies and invited scalable solutions with practical supervisory applications. The consultation covers four use cases: automating complaints and inquiry handling, extracting and validating information from Key Information Documents, analyzing narrative and quantitative supervisory reports, and checking insurance policies for legal compliance and potentially abusive clauses. Contributions, conceptual proposals and prototypes will inform the preparation of tender documents for a competitive procurement process under the Public Contracts Code.
2026-09-15Portuguese Insurance Regulator (ASF)
Portuguese Insurance and Pension Funds Supervisory Authority launches preliminary market consultation on AI supervision tools
The Portuguese Insurance and Pension Funds Supervisory Authority has opened a preliminary market consultation on AI tools for supervisory work, engaging 20 technology companies. The proposed tools would support complaints handling, regulatory document processing, report analysis and legal compliance checks for insurance policies, with submissions informing a future competitive procurement.