March 2023

Ad Astra Human Performance at the 2023 ASCL conference

14/03/23 19:40

Ad Astra Human Performance were recently showcased at the ASCL (Association of School and College Leaders) conference in Birmingham including presenting one of the keynote speeches. We are a company that is dedicated to providing cutting-edge training and development programs to help individuals and organisations achieve their full potential.

The ASCL conference is a prestigious event that brings together leaders and educators from across the UK to share best practices, insights, and innovations in education. Ad Astra was proud to be a part of this event, and we were thrilled to share our expertise with the attendees.

At the conference, we presented our innovative approach to leadership development and teamwork training, which is based on the latest research in neuroscience, psychology, and organisational behaviour. Our programs are designed to help individuals and teams achieve peak performance by focusing on their strengths, developing effective communication skills, and building a culture of trust and collaboration.

These tools enable learners to experience real-world scenarios and challenges in a psychologically safe environment, allowing them to develop the skills and confidence needed to succeed in their roles.

Attendees remarked the depth of knowledge and expertise that Ad Astra brought to the conference, and many expressed interest in learning more about our training programs and how they could benefit their organisations. We were thrilled to have the opportunity to connect with so many leaders and educators, and we look forward to continuing to support the development of human potential in the education sector and beyond.

In conclusion, we at Ad Astra Human Performance appreciated the opportunity to speak and present at the ASCL conference in Birmingham, showcasing our innovative and cutting-edge training and development programs to leaders and educators from across the UK.

We were thrilled to connect with so many attendees and look forward to continuing to support the development of human potential in the education sector and beyond.

Human Factors in Insurance

14/03/23 15:52

The insurance industry is an important component of the modern economy, as it helps to manage risks faced by individuals and organisations. Insurance underwriting is the process of assessing risks and determining appropriate premiums and coverage for various types of policies. Human factors are an important consideration in this process, as they can impact the likelihood and severity of accidents and losses. In this blog, we will explore the importance of introducing human factors to the insurance underwriting industry.

What are human factors?
Human factors refer to the physical, psychological, and social characteristics of individuals that influence their behaviour and performance. These factors can impact a person's ability to perform tasks safely and effectively, and can increase the likelihood of accidents or errors. Examples of human factors include fatigue, stress, distractions, and cognitive biases.

Why are human factors important in insurance underwriting?
Insurance underwriting involves assessing risks and determining appropriate premiums and coverage for various types of policies. Human factors can impact the likelihood and severity of accidents and losses, which in turn can impact the cost of insurance claims. For example, a person who is fatigued or distracted while driving is more likely to be involved in an accident, which can result in costly insurance claims.
Introducing human factors to the insurance underwriting industry can help insurers to better assess risks and set appropriate premiums and coverage. By taking into account factors such as fatigue, stress, and distractions, insurers can more accurately predict the likelihood and severity of accidents and losses, and adjust their premiums and coverage accordingly. This can help to reduce the overall cost of insurance claims, and make insurance more affordable for individuals and organisations.

How can human factors be integrated into insurance underwriting?
Integrating human factors into insurance underwriting involves several steps:

Education and awareness: Insurers can educate themselves about the importance of human factors in underwriting, and the potential impact on insurance claims. This can be done through training programs, seminars, and conferences.
Data collection: Insurers can collect data on human factors, such as fatigue, stress, and distractions, in order to assess their impact on insurance claims. This can be done through surveys, focus groups, and other research methods.
Risk assessment: Insurers can assess the risks associated with different human factors, and incorporate this information into their underwriting models. This can help to more accurately predict the likelihood and severity of accidents and losses.
Premium and coverage adjustments: Insurers can adjust their premiums and coverage based on their assessment of human factors. For example, a person who works long hours or has a long commute may be charged a higher premium for car insurance, as they are at a higher risk of fatigue-related accidents.

Conclusion
Human Factors reduced the fatal accident rate in aviation by a factor of 58: Introducing human factors to the insurance underwriting industry is an important step in improving the accuracy and affordability of insurance policies. By taking into account factors such as fatigue, stress, and distractions, insurers can more accurately predict the likelihood and severity of accidents and losses, and adjust their premiums and coverage accordingly. This can help to reduce the overall cost of insurance claims, and make insurance more accessible and affordable for individuals and organisations.

Introducing these lessons to their clients could transform those companies which adopt Human Factors.