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Report
Cognition: Minding Risks
Why the Study of Behaviour Is Important for the Insurance Industry
Lloyd’s,
2013
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Recommendation
Lloyd’s sponsored this report on risk identification for the insurance industry, but don’t let that fool you. This is a focused, methodical overview that a wide range of readers will find useful. It explains the current understanding about human behavior in assessing risk. It addresses the impediments to clear thinking and identifying risk accurately that arise from organizational structures, human nature and society. getAbstract suggests this enlightening study to insurance and finance professionals, investors, innovators and anyone charged with “minding risks.”
Take-Aways
About the Authors
University of Kent professors Mario Weick and Tim Hopthrow teach psychology, Dominic Abrams teaches social psychology and Peter Taylor-Gooby, OBE, teaches social policy.
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