| Join us as Kate Goering, director of human resources and development technology at State Farm, and Michael Koscielny, founder and CEO of Born2Lead, host a wide-ranging discussion on current events, emerging risks impacting and/or disrupting the insurance industry and their associated ethical dilemmas.
A few of the emerging risks and associated ethical consideration topics covered in this webinar are:
• Artificial intelligence (AI) and machine learning
• Workforce and talent
• Climate change
At the end of this webinar, attendees will be able to:
• Understand how a variety of current events and emerging risks are impacting the insurance industry
• Identify and describe ethical dilemmas arising from current events and emerging risks
• Discuss ethical decision making in the insurance industry with respect to current events and emerging risks
Presented by the Ethics Committee | Ethical Dilemmas Arising from Emerging Risks in Insurance | 269 | Join us as Kate Goering, director of human resources and development technology at State Farm, and Michael Koscielny, founder and CEO of Born2Lead, host a wide-ranging discussion on current events, emerging risks impacting and/or disrupting the insurance industry and their associated ethical dilemmas.
A few of the emerging risks and associated ethical consideration topics covered in this webinar are:
• Artificial intelligence (AI) and machine learning
• Workforce and talent
• Climate change
At the end of this webinar, attendees will be able to:
• Understand how a variety of current events and emerging risks are impacting the insurance industry
• Identify and describe ethical dilemmas arising from current events and emerging risks
• Discuss ethical decision making in the insurance industry with respect to current events and emerging risks
Presented by the Ethics Committee |
| March is National Ethics Awareness Month - a time for individuals and organizations to reflect on the ethics they adhere to and how they can be developed and improved. In honor of Ethics Month, join us for a special In2Risk replay presented by the Ethics Committee that will focus on how the series of global supply chain disruptions over the last 2+ years have impacted all industries, including the insurance industry, and the ethical considerations for companies while navigating impacts from the disruptions. Following the rebroadcast, presenters Kate Goering and Kerri Olson will be available to answer questions from viewers live and in real time. We hope to see you there! | The Ethical Implications of Supply Chain Disruptions | 151 | March is National Ethics Awareness Month - a time for individuals and organizations to reflect on the ethics they adhere to and how they can be developed and improved. In honor of Ethics Month, join us for a special In2Risk replay presented by the Ethics Committee that will focus on how the series of global supply chain disruptions over the last 2+ years have impacted all industries, including the insurance industry, and the ethical considerations for companies while navigating impacts from the disruptions. Following the rebroadcast, presenters Kate Goering and Kerri Olson will be available to answer questions from viewers live and in real time. We hope to see you there! |
| The 2023 spring issue of Insights is now available, with articles on finding alternative risk financing options for the commercial market, strategically rethinking reservation of rights letters, determining whether your organization is making the most of its data (and how it could do so, if not), considering liability for gun violence, and understanding the fronting market. Plus, just in time for Ethics Awareness Month, our CPCU View explores the art of ethical negotiations and our Committee Corner examines the CPCU Society Ethics Committee. | Insights Spring 2023 | 158 | The 2023 spring issue of Insights is now available, with articles on finding alternative risk financing options for the commercial market, strategically rethinking reservation of rights letters, determining whether your organization is making the most of its data (and how it could do so, if not), considering liability for gun violence, and understanding the fronting market. Plus, just in time for Ethics Awareness Month, our CPCU View explores the art of ethical negotiations and our Committee Corner examines the CPCU Society Ethics Committee. |
| Digital, disaster, and decision making characterize topics you’ll find in the spring 2024 issue of Insights. Specifically, you’ll learn why embracing digital literacy is critical for insurance professionals and how to defend the digital fortress around cell phone privacy in civil litigation. Tackling disaster risk management and strengthening ethical decision making are also explored. Plus, Mike Koscielny suggests ways to prepare for the dreaded L-word, Heather Blevins leads a conversation about engagement, and the Membership Committee shares its Top 5 recommendations for member outreach. | Insights Spring 2024 | 325 | Digital, disaster, and decision making characterize topics you’ll find in the spring 2024 issue of Insights. Specifically, you’ll learn why embracing digital literacy is critical for insurance professionals and how to defend the digital fortress around cell phone privacy in civil litigation. Tackling disaster risk management and strengthening ethical decision making are also explored. Plus, Mike Koscielny suggests ways to prepare for the dreaded L-word, Heather Blevins leads a conversation about engagement, and the Membership Committee shares its Top 5 recommendations for member outreach. |
| Jerry Theodorou is the Director of the Finance, Insurance & Trade Policy Program. Jerry develops and advances effective free-market public policy solutions to complex issues where federal and state governments have intervened. In this episode, he weighs in on what social inflation is, climate change insurance, and questions the ethical role insurance plays in the nuanced complexities of our society. | What Are the Impacts of Social Inflation? With Jerry Theodorou | 211 | Jerry Theodorou is the Director of the Finance, Insurance & Trade Policy Program. Jerry develops and advances effective free-market public policy solutions to complex issues where federal and state governments have intervened. In this episode, he weighs in on what social inflation is, climate change insurance, and questions the ethical role insurance plays in the nuanced complexities of our society. |
| Advancements in technology permit insurers to access and exchange massive volumes of structured and unstructured data (aka Big Data). Using big data and artificial intelligence insurers can quickly capture and analyze publicly available data, policyholder’s personal information, as well as third-party sources of information, to categorize risk, prevent fraud losses, and optimize expenses. Today big data is primarily used to influence underwriting, rating, pricing, forms, marketing, and claims handling, each of which has ethical implications. One area in which big data is beginning to show success is in loss prevention and risk resilience. In the early 1900s Benjamin Rush, Chairman of the Board for Insurance Company of North America (INA), made a bold statement regarding the use of his company’s marine claims and underwriting data by declaring, “Helping our insureds to prevent and reduce losses is not just good for business but it is our moral responsibility.” Is it now time for the industry to make a paradigm shift and explore this idea of a “moral responsibility” to prevent loss and help policyholder resilience through the use of big data? We will discuss this important issue using recent examples of the use of big data.
Presented by the Ethics Committee | Big Data’s Ethical Imperative For Managing Risk and Promoting Resilience | 261 | Advancements in technology permit insurers to access and exchange massive volumes of structured and unstructured data (aka Big Data). Using big data and artificial intelligence insurers can quickly capture and analyze publicly available data, policyholder’s personal information, as well as third-party sources of information, to categorize risk, prevent fraud losses, and optimize expenses. Today big data is primarily used to influence underwriting, rating, pricing, forms, marketing, and claims handling, each of which has ethical implications. One area in which big data is beginning to show success is in loss prevention and risk resilience. In the early 1900s Benjamin Rush, Chairman of the Board for Insurance Company of North America (INA), made a bold statement regarding the use of his company’s marine claims and underwriting data by declaring, “Helping our insureds to prevent and reduce losses is not just good for business but it is our moral responsibility.” Is it now time for the industry to make a paradigm shift and explore this idea of a “moral responsibility” to prevent loss and help policyholder resilience through the use of big data? We will discuss this important issue using recent examples of the use of big data.
Presented by the Ethics Committee |