When AI Predicts Your Life Expectancy for Insurance

Episode 49 of AI Ethics with Fexingo explores the controversial use of AI to predict life expectancy for insurance underwriting. Lucas and Luna dissect a 2025 case where a major European insurer used a machine learning model trained on lifestyle data, genetic markers, and social media activity to set premiums. They examine the accuracy claims, the regulatory backlash from the EU's AI Act enforcement, and the ethical dilemma of 'fair pricing' vs. 'fair risk assessment'. Specific examples include a 34-year-old cyclist who was charged a 40% premium surcharge because the model correlated her Instagram posts about marathon training with 'risk-seeking behavior'. The hosts discuss transparency requirements, the right to explanation, and whether predictive models can ever be truly 'actuarially fair' when they reinforce systemic biases. This episode drills into one concrete case to ask: when insurers know too much, who gets left out? #AIEthics #InsuranceAI #LifeExpectancyPrediction #AlgorithmicBias #EIAIAct #PredictiveUnderwriting #DataPrivacy #LifestyleData #GeneticData #SocialMediaAnalysis #FairnessInInsurance #RiskAssessment #RightToExplanation #EUAIEnforcement #Technology #AIPolicy #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo