United Kingdom · Question · Written question
UIN 148148
Artificial Intelligence: Insurance
Introduced
28 March 2022
Last action
4 April 2022 · Answer
Status
Answered
Sponsors
—
Subjects
Artificial intelligence
Source updated
4 April 2022
Summary
To ask the Chancellor of the Exchequer, what steps he is taking to ensure that algorithms used in the insurance markets do not lead to racial discrimination in pricing.
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Timeline
28 March 2022
Written question
To ask the Chancellor of the Exchequer, what steps he is taking to ensure that algorithms used in the insurance markets do not lead to racial discrimination in pricing.
Source: Commons
4 April 2022
Answer
Insurers are required to abide by the Equality Act (2010) and are not allowed to use ethnicity as a risk factor when determining the price of insurance. The recent Citizens Advice report highlights an important point that there is the risk of discriminati...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://questions-statements.parliament.uk/written-questions/detail/2022-03-28/148148
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1454905
- uk · wq-1454905 · source updated 4 April 2022