Insurance Regulation

Insurers Are Concerned About AI Bias, But Accept It’s The Future

Every information source comes with a bias, or set of assumptions. But when it’s AI making decisions on a person’s risk as a driver, home owner, or traveller, things could get tricky. Patterns within one […]

InsureTech

£400K in Govt Funds Available For Unbiased AI Tools Development

This news from the government is interesting, as it may help some smaller insurtechs develop pricing platforms that are compliant with future regs on perceived bias in various insurance sectors. The second, more open AI […]

Global insurance trends

Aioi Nissay Dowa Supporting Mind Foundry

Aioi Nissay Dowa Insurance Europe (AND-E) and its parent, the global insurance brand Aioi Nissay Dowa Insurance (ANDI) have made a significant investment in Mind Foundry with whom they have joined forces to launch a new joint venture research […]

Insurance Brokers

Congrats Londoners, You’re Through to Boot Camp

Davies has announced the launch of its Insurance Skills Bootcamp to help attract talent to the insurance industry. Many brands have found it hard to attract new talent to the industry in recent years, although […]

News

ABI Responds to Accusation of Race Bias on Premium Pricing

The mainstream media has been posting versions of the Citizens Advice report, published today, on alleged race bias when it comes to insurance premium pricing. To summarise, the report found that postcodes where people from […]