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Financial Inclusion Through Fair and Equitable Use of Data

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A fairness testing framework

Looking for guidance on fairness testing in life insurance? This report examines current industry practices and evolving regulatory requirements and introduces a practical framework for evaluating consumer data usage against unintended bias.

Get an in-depth look at how the industry is shifting from "fairness by unawareness" to proactive testing methods that better ensure equitable practices.

Takeaways

  • An understanding of key challenges in the life insurance application process and how data analysis can help
  • An assessment of regulatory reforms and new requirements for fairness testing
  • How to navigate fairness testing despite limited demographic data
  • Practical steps to evaluate and better ensure fairness in underwriting decisions

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