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Codes and Values

Ethical values need careful consideration, to avoid confusing them with business values. It’s important that they reflect what your firm needs from its people. You then need a code of ethics to share what they mean and how to put them into practice.
18 posts
Codes and Values
Data Ethics & Insurance : New Initiatives, Hard Decisions public
Data Ethics • 7 min read

Data Ethics & Insurance : New Initiatives, Hard Decisions

Several initiatives on data ethics will be launched in the UK insurance sector in 2024. That’s great, but those commitments need to reflect what consumers are concerned about. This means a lot of risk assessment and implementation work. So what are the hard decisions that will inevitably be faced?…
Duncan Minty
Duncan Minty •
The Ethics of Data Visualisation - Lessons for Insurers public
Data Ethics • 6 min read

The Ethics of Data Visualisation - Lessons for Insurers

The very size of big data makes it a challenge to draw insight from. That’s where data visualisation comes in, and everyone in the insurance sector uses it, big time. Yet there are ethical issues associated with ‘datavis’, with important implications for decision making and risk radars.…
Duncan Minty
Duncan Minty •
Avoiding Pitfalls when Developing Data Ethics Principles public
Data Ethics • 5 min read

Avoiding Pitfalls when Developing Data Ethics Principles

As business wakes up to the ethical issues around how they use data and analytics, firms are being urged to develop ethical principles to guide their data ethics initiatives. Yet what counts as an ethical principle? I look at an example of how firms could get off to the wrong start.…
Duncan Minty
Duncan Minty •
Is your Code of Ethics Good Enough? public
Codes and Values • 5 min read

Is your Code of Ethics Good Enough?

Is your code of ethics good enough? A quick way to answer that is to look at when it was last reviewed. If that date is before November 2019, then the answer will almost certainly be no. And if your firm has been making some strategic moves recently, I would move that date to November 2020.…
Duncan Minty
Duncan Minty •
Using Protected Activities to Manage Reputational Risk public
Ethical Risks • 5 min read

Using Protected Activities to Manage Reputational Risk

Protected activities could be a useful tool for insurers to manage their most significant ethical risks. And they signal to key audiences that the insurer’s commitments around those risks are being taken particularly seriously. So how do they work and how can they make a difference?…
Duncan Minty
Duncan Minty •
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