Price optimisation pt2 – key losses that insurers face
Around half of UK motor insurance is said to be priced according to some form of
price optimisation. If so,…
Duncan Minty
Duncan has been researching and writing about ethics in insurance for over 20 years. As a Chartered Insurance Practitioner, he combines market knowledge with a strong and independent radar on ethics.
502 posts
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Price optimisation – approach with care!
Questions have already been raised about the ethics of dual pricing
[https://www.ethicsandinsurance.info/2013/03/12/ethical-issues-dual-pricing/].
This…
11 principles for building ethics into your use of big data
In last week’s post
[https://www.ethicsandinsurance.info/2014/04/23/ethics-big-data-insurance/], I
explained why insurance firms need to…
How to manage your conflicts of interest much more effectively pt2
In an earlier post
[https://www.ethicsandinsurance.info/2014/03/27/conflicts-of-interest-scope/], I
looked at the first of two problems…
Where do insurance firms go wrong with conflicts of interest?
Where do insurance firms go wrong with conflicts of interest? Their track record
has not been good. Two problems stand…
The Five Most Dangerous Words in Business
You might think that the five most dangerous words in business would be
associated with a corporate takeover or a…
Tone from the top is not enough. How everyone can show ethical leadership
The Centre for the Study of Financial Innovation held a round table yesterday to
debate this question: “are consumers getting…
Wanted: a renewal of ethical leadership from the UK insurance sector
I believe one of the biggest challenges facing the UK insurance sector lies in
the amount of ethical leadership that…
Warnings from South Korea: the impact privacy can have on insurance
Back in 2012, I singled out privacy as the number one ethical issue that will
confront the insurance sector over…