Please enter at least 3 characters

Data Ethics

With insurance becoming increasingly digital, data ethics has become the key lens through which issues and challenges are emerging. What makes it particularly important is how it is influencing insurance at both the policy and the market levels.
217 posts
Data Ethics
Underwriting • 4 min read

Are Expectations for Automated Underwriting Realistic?

A Swiss Re executive wrote an interesting article this month on the automation of life and health underwriting. The article sets out the expectations firms like Swiss Re have for automation, but is surprisingly quiet on the hurdles it still needs to address for those expectations to be realised.…
Duncan Minty
Duncan Minty •
Data Ethics • 2 min read

RGA’s Data and Analytics Ethics Framework

The US reinsurer RGA has recently introduced a Data and Analytics Ethics Framework. It’s worth a look, but with a critical eye, for it seems clear about what the reinsurer wants to address , but unclear about how it’s going to go about doing that.…
Duncan Minty
Duncan Minty •
Data Ethics • 3 min read

Admiral is looking for a Data Ethics Analyst

Admiral is looking to recruit a data ethics analyst. It’s a new role, located within their ‘Group Data Protection and Privacy’ function. It’s an opportune moment to create such a role, given the ethical risks that insurers are facing from data and analytics. So what does it involve?…
Duncan Minty
Duncan Minty •
Explaining the Fairness of a Particular Rating Factor public
Fairness • 7 min read

Explaining the Fairness of a Particular Rating Factor

How would you explain the fairness of using a particular rating factor? You can’t rely on just statistics anymore. While the super-complaint tied fairness to the overall premium, now long running challenges to certain rating factors are re-emerging. Underwriters need to prepare for this.…
Duncan Minty
Duncan Minty •
Accountability • 3 min read

How Good is the Swiss Digital Trust Label?

Swiss Re announced recently that its Magnum Go underwriting engine has been awarded the Swiss Digital Trust Label. It sounded impressive so I went to find out more about this label, through local contacts and online resources. What I found wasn’t quite as good as Swiss Re would like to think.…
Duncan Minty
Duncan Minty •
Personalisation • 2 min read

Life and Motor Underwriting Start to Converge

Policyholders of US insurer John Hancock who have an Allstate Drivewise policy can now earn Vitality points on their life insurance for safe driving. It works in a rather analogue way at the moment, but it confirms a trend towards how you drive influencing the price and scope of your life cover.…
Duncan Minty
Duncan Minty •
The Big Ethical Challenge for Insurers in 2022 public
Data Ethics • 6 min read

The Big Ethical Challenge for Insurers in 2022

Insurers should move on from their recent focus on resilience and concentrate on adaptability. Social trends, market trends and regulatory trends all point to a flexibility to adapt mattering most. Insurers need to reflect this in their strategies, systems and continuity plans.…
Duncan Minty
Duncan Minty •
Great! You’ve successfully signed up.
Welcome back! You've successfully signed in.
You've successfully subscribed to Ethics and Insurance.
Your link has expired.
Success! Check your email for magic link to sign-in.
Success! Your billing info has been updated.
Your billing was not updated.