Session 1: The blind spots of risk modelling: What you’re missing and why it matters
Traditional risk models leave significant gaps. Systemic shocks, human behaviour, and data bias all introduce blind spots that can materially impact outcomes.
In this session, Jacob and Laura will expose these hidden risks and show you how to tackle them. They’ll cover:
- systemic risks: why the ‘nothing can be done’ mindset is wrong
- human behaviour: how biases and incentives distort models
- data bias: the dangers of flawed datasets and unfair algorithms
Chair: Mike Clark, Ario Advisory
Speakers:
Laura Hobern, LCP
Jacob Shah, LCP