This is not an awareness landing. You searched for "Annex III insurance pricing algorithm." You already know: point 5(b) covers AI systems intended for risk assessment and pricing in life and health insurance. What you need is the documentation. AICheck generates twelve documents: risk classification confirming your Annex III category, full Annex IV technical documentation covering your pricing model's architecture and training data, conformity declaration, deployer instructions, and eight more. 45 minutes. €249. Your pricing model's proprietary data never leaves your browser.
€249 one-time payment per system · 12 PDF documents in ZIP · 45 minutes · 100% in your browser
Point 5(b) covers risk assessment and pricing in life and health insurance. No ambiguity. Your pricing algorithm's Annex IV documentation must satisfy 9 mandatory points.
From your pricing model data to twelve PDF documents in 45 minutes. That is what AICheck does.
You don't need to document 10 systems at once. This is the recommended workflow for companies with multiple high-risk AI systems.
Generalised Linear Models (GLMs) may not qualify as AI systems under Article 3(1) if they use only predetermined statistical parameters. However, if your GLM is enhanced with gradient boosting, random forests, neural network layers, or any machine learning component, the system qualifies. Many modern insurance pricing models combine GLMs with ML — the ML component brings the system into scope.
Insurance Europe represents industry interests. The Regulation's text is clear: Annex III.5(b) covers AI systems for risk assessment and pricing in life and health insurance. Industry position papers do not change the legal text. Document now; advocate later.
Article 78 of Regulation (EU) 2024/1689 protects confidential business information. Annex IV documentation is shared with market surveillance authorities under confidentiality obligations, not published. Your pricing model's proprietary algorithms remain confidential. AICheck generates the documentation browser-side — no third party sees your data.
Each AICheck licence generates a ZIP with 12 PDF documents for one AI system. For 10 systems you need 10 licences and obtain 120 documents in total.
Art. 6 + Anexo III.
Art. 11 + Anexo IV.
Art. 47 + Anexo V.
Art. 111.
Executive summary.
Art. 17.
Art. 13.
Per Annex IV point.
Art. 73.
Art. 4.
Chapter III.
Art. 9.
Generated in your browser. No data leaves your device.
Generates the technical documentation for each system under Art. 11 and Annex IV of Regulation (EU) 2024/1689. Structures the 9 points of Annex IV individually per system. 12 PDF documents per system.
Does not audit your systems. Does not evaluate whether your training data is adequate. Does not validate that your model performs correctly. That is your responsibility and, if needed, that of a notified body under Art. 43.
AICheck solves Layer 1 so your team can focus on Layer 2. At €249 per system, documentation stops being the bottleneck.
Article 99 of Regulation (EU) 2024/1689.
Art. 99.3. Up to €35 million or 7% of worldwide annual turnover, whichever is higher. For SMEs: the lower of the two.
Art. 99.4. Includes failure to produce technical documentation per Art. 11 and Annex IV.
Art. 99.5.
| Alternative | Cost | What you get |
|---|---|---|
| Big Four consultancy | €15,000–€40,000 | Full audit + documentation. 4–8 months. |
| Herramienta de clasificación AI Act | Free | Explanation. No documentation. |
| Insurance Europe position paper | £0 | Advocacy. Not compliance. |
| AICheck × 10 systems | €249 | 120 documents, 1 week, no consultancy |
If your company has an extensive AI system portfolio, we offer Volume Packs with discounts from 10 licences. Write to hello@solidwaretools.com and we'll send you a proposal within one business day.
Request Volume PricingAICheck generates a document structured under Article 11 and Annex IV of Regulation (EU) 2024/1689 based on the information you enter. The truthfulness, accuracy and completeness of that information is your responsibility as provider of the AI system.
We guarantee that the document structure follows Article 11 and Annex IV of Regulation (EU) 2024/1689 and that the legal references cited are correct as of the latest verification date. We do not guarantee that a specific document will be accepted by a market surveillance authority in a specific case, nor by a commercial buyer in a procurement process.
AICheck is not legal advice. For specific situations, consult a lawyer or specialised regulatory consultancy.
Regulation (EU) 2024/1689 does not wait. Each high-risk system needs 12 documents under Annex IV. AICheck generates them in 45 minutes per system, 100% in your browser, with no data leaving your device.