#75 - The Ethics of Underwriting

Unravel the intricate web of ethics in insurance underwriting. From groundbreaking EU directives that challenge traditional rating factors to the enigmatic world of AI underwriting, we explore the grey areas of what's fair and data-driven. Join Jerad Leigh and Ben Rose as they dissect, discuss, and delve deep into the complex world of insurance ethics and technology. CONNECT WITH US: Website: ⁠https://www.supercede.com⁠  LinkedIn: https://www.linkedin.com/company/supercedehq  Twitter: ⁠https://twitter.com/SupercedeHQ⁠  YouTube:⁠ ⁠⁠https://www.youtube.com/@SupercedeHQ⁠  RSS Feed: ⁠https://anchor.fm/s/7e741c8c/podcast/rss⁠  Say Hello: ⁠[email protected]⁠ OUTLINE & TIMESTAMPS: (00:00) Intro (02:02) Gender Discrimination in Insurance Pricing (08:32) Broader Ethics of Insurance Underwriting (15:13) Technology Impacts from Regulation Changes (21:08) Black Box AI Models in Insurance Pricing (27:02) Risk Pooling and Insurance Accessibility (32:13) Rating Factors and Insurance Pricing Models (30:03) Climate and Systemic Risks in Insurance (32:13) Freedom of Location Choice and Insurance Costs (33:09) Conclusion & Summary