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Using demographic information as a proxy for assessing risk, traditional underwriting models have created unequal access to insurance. Stay informed. Our Insights Newsletter highlights the latest news and analysis on global strategy, policy and risk.  Subscribe to Insights Historically, models used by insurance companies in the U.S. have adversely affected the ability of poor and non-white individuals to obtain adequate coverage. Using zip codes, home ownership status, credit scores, and other demographic information as a proxy for assessing risk, traditional underwriting models have created unequal access to insurance as a financial safeguard, and consequently reduced some families’ ability to build generational wealth. Longstanding bias in traditional insurance pricing models There are laws against discrimination in underwriting, including some, like the ...