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The Rise of Social Inflation and 4 Steps Insurers Can Take to Combat It
Von Tim Fletcher Mar 30, 2022 English
Originally published in the National Association of Mutual Insurance Companies (NAMIC)’s IN Magazine, Winter 2021. Reprinted with permission. Insurance executives in 2016 were rightly concerned about the rise in verdicts of unprecedented magnitude and...
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Understanding the Importance of Algorithmic Fairness
Von Frank Schmid Feb 17, 2022 English
The discourse around algorithm fairness has garnered increasing attention throughout the insurance industry. As the use of machine learning has become more common, from marketing and underwriting to claims management, regulators and consumer rights organisations...
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Big Data and the Balance of Information Between Insurers and Consumers
Von Frank Schmid Jan 17, 2022 English
The widespread digitisation of the economy has created a wealth of data on risk exposures for insurance companies. But how insurers exploit what has become known as Big Data has prompted widespread discussion around data ethics, especially in regard to...
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Peering Into the Crystal Ball – What Will Social Inflation Hold for the Future? [Part 5 of 5-Part Series]
Von Tim Fletcher and Andrew Pauley, Government Affairs Counsel at NAMIC (guest contributor) | Sep 08, 2021 English
This is part five of our five-part series – in partnership with NAMIC – examining social inflation and its impact on insurers. As society continues its halting emergence from the COVID‑19 pandemic, court activity has resumed. With that activity has come...
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