The Ethical Challenges facing Open Insurance
Open Insurance is being positioned as the next significant step forward for the insurance sector. It will energise the market,…
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.
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Why Equality of Fairness will shape the Future of Insurance
The UK insurance sector is grappling with the repercussions of a ban on their main model for pricing retail products.…
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The Big Ethical Challenge for Insurers in 2021
The big ethical challenge for insurers in 2021 will be to learn the lessons from events in 2020 and to apply them systematically across the firm. The implications are much wider than many think.…
The final pricing report is about so much more than loyalty penalties
The UK regulator’s decision to ban ‘price walking’ in general insurance is significant. Yet that significance is wider than…
Why insurers need to review their use of credit data
The US auto insurer Root recently announced that it will remove credit scores from its insurance pricing by 2025. The…
Why pricing data can send out all the wrong signals
Insurance people used to think of pricing as just a market thing – nothing to do
with ethics or misconduct. Now…
The big questions about vulnerability that your firm needs to address
Insurers have been presented with a lot of regulatory guidance relating to
vulnerable customers. Implementing it all will keep many…
The radical ways in which time is changing insurance
One of the most significant changes happening in insurance at the moment is around the perspective of time. Insurers are…
Nudging, ethics and modern insurance design
We hear a lot nowadays about nudging and the different ways in which our choices
can be orientated in a…