Insurance Uncut: Behavioural bias – improving decision making
This week Zoe Burdo, LCP’s expert on behavioural science, returns to the podcast and we look at how general insurers can improve their decision making.
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We discuss:
- Differences between unconscious bias and behavioural bias
- What role NEDs have in helping firms to manage bias
- Practical tools for managing bias, including using self-assessment as a starting point for improving decision making
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Each LCP Investment Uncut podcast is for information and marketing purposes only and does not constitute any form of investment or financial advice or a financial promotion (under the Financial Services and Markets Act 2000). All views expressed by the podcast hosts and guests are purely their own opinions and do not represent those of LCP, its clients or affiliates. Our podcast listeners should always seek independent financial or legal advice before making any financial or investment decisions. Please refer to the Legal Notices section on the LCP website for further information.