It looks like the FCA really does not understand big data
A recent speech
[https://www.fca.org.uk/news/speeches/challenges-insurance-regulators-big-data-world]
by the chief executive [https://www.fca.org.uk/…
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.
216 posts
Has the UK regulator got it wrong on big data?
The UK regulator of financial services [https://www.fca.org.uk/] has shelved
its
plans
[https://www.fca.org.uk/…
Does this claims practice represent an open door into a dark room?
At the heart of the training I deliver on conflicts of interest is this: a
conflict of interest is a…
A Disclosure Disruption for Commercial Insurance
Much of the attention being given to the impact that big data will have on
insurance focuses on the personal…
Analytics is the new frontier for insurance – exciting but dangerous
When investment returns look uncertain and market conditions are challenging,
executives often listen that bit more keenly to new ideas…
There are two sides to Triple M insurance
It’s becoming fashionable, in this increasingly mobile orientated world, to
question why insurance is sold on an annual basis.…
Equal treatment pt1: will rating on age and disability soon be deemed unfair?
Should insurers be allowed to differentiate between risks on the basis of age
and disability? The sector is worried that…
Price optimisation: will insurers face new rules?
The Chartered Insurance Institute [http://www.cii.co.uk/] has recently published
a paper
[http://www.cii.co.uk/media/…
The atomisation of insurance
The insurance sector is on the cusp of fundamental change. And at the heart of
that change is the sector’…