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Inclusive Insurance

The risks that society faces, and will face in the future, are changing rapidly. It is crucial that the insurance sector evolves in such a way to meet these changing needs so that everyone in society, including the most vulnerable, is able to access the necessary protection.

David Heath, Chair of IFoA’s Policy and Public Affairs Board:

“Insurance is designed to offer protection to individuals and businesses and it is important that the industry innovates and evolves to address changing needs. But it must seek to do so in a way that is fair and includes those needing protection the most.”

These issues will be explored through IFoA’s Inclusive Insurance Bulletin Series. Through the series, the IFoA will present a broad perspective on this issue, and has invited contributions from a range of important voices in the debate including Citizens Advice and the Social Market Foundation. 

Bulletin 1Drivers of change, the first bulletin in the series, explores the societal, technological and macroeconomic drivers that are creating the need for change, and the impact they are having. The second and third bulletin in the series will be released later in 2020.

Bulletin 2: Responding to change considers the issue of fairness within the insurance sector and the role that technological innovation is playing in access to insurance. Will the technological revolution lead to greater inclusion – and if not, what can be done to tackle inequalities? Contributors to this bulletin include Which? magazine, the ICAEW, and the Access to Insurance Initiative.

Bulletin 3 will take an in-depth look at the important role that insurance plays in society, ensuring all can be empowered through the protection it affords.

Read our inclusive insurance bulletins and blogs

Contact Details

For further information on any of our public affairs or policy work please contact us on:

policy@actuaries.org.uk

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Events calendar

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Fully booked.

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The importance of biodiversity for finance, business and policy is being increasingly recognised. While many studies highlight the overall economic impact that biodiversity loss could have, it is much more difficult to quantify and understand the particular impact that is may have on individual businesses or communities. The management and measurement of these risks is a field where actuaries are well placed to contribute.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • GIRO 2021 Webinar Series

    Online
    8 November 2021 - 19 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas and new research across the general insurance sector.

  • Spaces available

    This is a free webinar with an expert panel providing their views on the ongoing IFoA consultation for proposals regarding changes to the regulatory framework on climate change and sustainability.

    The regulatory consultation sets out, for feedback some proposed approaches that the IFoA are considering in relation to charter commitments under the UK’s Green Finance Education Charter (GFEC) and the regulatory framework, including the Actuaries’ Code.

  • Life 2021 Webinar Series

    Online
    22 November 2021 - 26 November 2021
    Spaces available

    Join leading experts to discuss key issues, emerging ideas, and new research across the Life insurance sector.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.