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EAA Web Session 'Discrimination-Free Pricing: of Limits & Possibilities' on 4 March 2024

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EAA Web Session 

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Discrimination-Free Pricing:
of Limits & Possibilities

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4 March 2024 | 14:00-17:15 CET

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Not only upcoming regulation plays a role - fairness of treatment lies at the core of insurance in the first place. In the age of Machine Learning and Artificial Intelligence, analysis and, potentially, remedy, of direct and indirect discrimination in insurance decision making - most notably pricing - has become a more pronounced problem due to increased public interest. But in stark contrast to, say, chatbots or personal assistance systems, there are structural aspects preventing companies from creating and maintaining products that are comprehensively fair in all the relevant facets.

The purpose of this session is to introduce relevant concepts of pricing and discrimination therein as well as an overview of discrimination-reducing concepts from the literature. We will then draft some toy models, including generation of synthetic data with particular properties. Afterward, we will review limits and possibilities toward enabling (some kind of) less-discriminatory pricing.

Kindly take note: This session is intended as information seminar; no legal counselling will take place.

Your early-bird registration fee is € 180.00 plus 19% VAT for bookings by 22 January 2024. After this date, the fee will be € 250.00 plus 19% VAT.

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Details

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Programme

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Registration

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Coming soon...

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Socio-Economic Mortality Curves | 1 February 2024

Liquidity Risk | 7 February 2024

CERA, Module A: Quantitative Methods of ERM | 13-16 February 2024

...and a lot more! Explore our website for more information or download our overview.

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