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Managing the Impact of Unintentional Bias in Insurer Decision Making

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Learn How Unintended Biases Impact Data Modeling

In this specialized topic course brought to you by The Institutes and the CAS Institute (iCAS), discover methods for recognizing how data modeling can contribute to unintended consequences so you can better mitigate risks associated with decision making. With societal and regulatory scrutiny of data modeling and outcomes on the rise, learn how insurers can examine and refine pricing and underwriting strategies with new techniques.

Course Details

Managing the Impact of Unintentional Bias in Insurer Decision Making

Explore the issues associated with unintentionally biased decision making that can result from bias in insurer data models.

Course Level
(Experienced)
Language(s)
English
Average Completion Time
2-3 Hours
Topics
  • The Societal Impact of Insurer Data Modeling
  • Credit-Based Insurance Scores and Geographic Location as Rating Factors
  • Home Ownership and Motor Vehicle Records as Rating Factors
  • Measuring Unintentional Modeling Bias
  • Mitigating Unintentional Modeling Bias
  • The Evolving Regulatory Response to Unintentional Insurer Bias
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