Insolvency Service: Artificial Intelligence
(asked on 5th February 2025) - View Source
Question to the Department for Business and Trade:
To ask the Secretary of State for Business and Trade, for what purposes the Insolvency Service has used artificial intelligence in the last 12 months.
Answered by
Justin Madders
Parliamentary Under Secretary of State (Department for Business and Trade)
Artificial Intelligence (AI) is at the heart of the Government’s plan to kickstart an era of economic growth, transform how we deliver public services, and boost living standards for working people across the country.
The Insolvency Service has used AI for three Proof of Concepts of internal chatbots which utilise a Large Language Model.
It is working with the Cabinet Office to publish Algorithmic Transparency Reporting Standards (ATRS) on two of its services. These relate to our Director Conduct Reporting Service and our Redundancy Payments Service Calculation Engine.