The European Union's Proposed Equality and Data Protection Rules: An Existential Problem for Insurers?
Paul MacDonnell
Economic Affairs, 2015, vol. 35, issue 2, 225-239
Abstract:
Insurance companies use personal data to price personal insurance risks. Innovative data-collection and processing strategies, including big data, offer the potential for better analysis of traditional risks and for markets in new types of insurance. This paper examines the potential for EU data protection and anti-discrimination legislation – both existing and proposed – to threaten not only this potential but also the traditional personal insurance business. It offers a strategy based upon codes of practice and technological innovation that would allow insurers to protect their business and to innovate while meeting the concerns of legislators about discrimination and data protection.
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://hdl.handle.net/10.1111/ecaf.12127 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:bla:ecaffa:v:35:y:2015:i:2:p:225-239
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0265-0665
Access Statistics for this article
Economic Affairs is currently edited by Philip Booth
More articles in Economic Affairs from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().