CDR and insurance - good and bad!
The Financial Rights Legal Centre has outlined what it sees as the positives and negatives from the application of the Consumer Data Right (CDR) to the insurance industry. Of particular concern is more granular pricing that 'prices' people out of the cover they need. More generally insurers need to get comfortable with the idea that much of the data they hold about individuals will be portable. Is an insurer going to show some thought leadership and pro-actively support the CDR? I for one believe this is the right strategic and community position.
