Insurance: Legal and Ethical Considerations
Description
In-depth knowledge of legal requirements and ethical standards governing insurance operations and technology solutions.
Learning Objectives
IT professionals will master contract law, regulatory compliance, fraud prevention, and ethical data practices that align with industry standards for legal and ethical delivery of technology-enabled insurance solutions.
Topics (7)
Examines algorithmic fairness, transparency, explainable AI, avoidance of discrimination, and global best practices for ethical deployment in risk assessment, pricing, and claims.
Covers principles of insurance contracts, indemnity, insurable interest, utmost good faith, material fact disclosure, subrogation, and claims disputes.
Legal coverage of personal data, health record privacy (HIPAA), financial privacy laws, information sharing, and cross-jurisdictional legal compliance.
Covers audit standards, automated audit tools, compliance tracking, regulatory documentation, internal control frameworks, and technology-enabled compliance workflows.
Includes claim fraud, identity theft, premium avoidance, AI-powered fraud detection, suspicious indicators, data sharing, and regulatory anti-fraud frameworks.
Coverage of class actions, cyber disputes, data breach litigation, regulatory actions, and risk management for legal defensibility of insurance technology systems.
Topics cover ethical review boards, governance structures, stakeholder engagement, ethics training, and documentation of ethical decision-making for insurance IT projects.