Actuarialism and its influence on trust in modern insurance
You will have probably heard of the phrase ‘you can have too much of a good
thing’. And while many…
Underwriting
Underwriting is becoming much more sophisticated. It's a transformation opening up opportunities like never before. It's also encountering challenges like never before, and as we saw with price walking, the impact can be immense. These posts give you an independent perspective on such developments.
160 posts
Is underwriting at claim stage a reputational timebomb?
A pattern is emerging across the market that points to a new type of
underwriting. And it is pretty revolutionary,…
public
How do you feel about insurers tracking and analysing your emotions?
How many of us have appeared in a photo that has been posted online? Or spoken to a voice assistant…
public
Data and analytics: the problem that insurers will have with identity
Insurance is changing. It’s moving in new directions, pursuing new ideas, new
models, new technologies. All very exciting, but…
Why credit data must feature in your plans for 2019
The use of credit data in insurance is well established. And to some degree,
it’s been an understandable development.…
The underlying warning in the FCA’s report on household insurance pricing
The UK regulator issued a report on general insurance pricing
[https://www.fca.org.uk/publications/thematic-reviews/tr18-4-pricing-practices-retail-general-insurance-sector-household-insurance]
in late…
Application fraud – a vital component is missing
Application fraud has become a big focus for insurers. The logic is that
fraudsters should be isolated before they get…
The super complaint will put pricing practices under intense scrutiny
A super complaint was delivered [https://www.bbc.co.uk/news/business-45664985]
last week to the UK competition authority. It…
Access to medical records is controversial but achievable
Should insurers be given access to digital medical records? The question has
more ethical angles to it than you might…