The UK regulator talks of 'iniquitous outcomes' being seen in general insurance pricing. In response, they're talking about the use of pricing principles in insurance. It's a significant move, given the individual accountability being introduced through SMCR and the regulator's increased capabilities in data and analytics.
This Ethics and Insurance Insight report addresses twenty common questions that pricing principles raise, from what they mean, to how your firm can benefit from them. Download it for free and boost your knowledge of their format and implications.
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Duncan is the founder of the Ethics and Insurance blog and the author of its many posts. He's a Chartered Insurance Practitioner, having worked 18 years in the UK market. As an adviser to many firms on ethics issues, as well as a regular conference speaker, he is one of the leading voices on ethics and insurance.