Question 1

What does an AI governance program actually include?

Accepted Answer

At minimum it includes an AI use policy, an intake process for new use cases, a tiered risk review, vendor and model assessments, and a record of decisions. Larger programs add a cross-functional committee, continuous monitoring, and a model inventory so the firm can show regulators which systems are running and why.

Question 2

Can we bolt AI rules onto our acceptable use policy?

Accepted Answer

That no longer holds up under scrutiny. Examiners, customers, and insurers now expect a dedicated AI policy and an intake process that records how each use case was reviewed and approved. A few lines appended to the acceptable use policy signals an immature program and tends to slow enterprise deals.

How much does an AI governance program cost in 2026?