“…Not only such severe industrial accidents in various technology intensive industries with far reaching environmental, health, societal, financial, economic, even political consequences, but also minor incidents since the 1970s have increasingly drawn attention to techno-organizational aspects of enterprise risk management and loss prevention (Reason 1997;Hoffman and Ventresca 2002;Sunstein 2002;Van Loon 2002;Hutter and Power 2005;Power 2003Power , 2007Perrow 2007;Sparrow 2008). Less attention has been drawn to ethical orientations in the involved organizations and among members of professional groups that can be decisive drivers towards effective risk and safety management (Muir Wood 2004;Harris 2008;Macpherson 2008;d' Anjou 2010;Ross and Athanassoulis 2010). It is this aspect, taken up by relatively few authors, which will be discussed here, in connection with insurance.…”