Ads
related to: predictive modeling for insurance coverage plansautoinsurance.insure.com has been visited by 10K+ users in the past month
- Auto & Home Bundling
Get Bigger Discounts When You
Bundle Your Car and Home Insurance.
- Quickly Compare Rates
See Real Time Rates, Coverage
Options, Deductibles and More.
- Car Insurance Discounts
Find Multiple Deals and Discounts
at the Tip of Your Fingertips.
- Minimum or Full Coverage
Let Us Help You Decide
Which Coverage is Best.
- 2-Minute Quotes
Get Multiple Quotes from Major
Insurers in 2 Minutes or Less.
- Non-Owners Insurance
See Rates for Specialized
Coverage Like Non-Owners.
- Auto & Home Bundling
Search results
Results From The WOW.Com Content Network
Predictive modelling is utilised in vehicle insurance to assign risk of incidents to policy holders from information obtained from policy holders. This is extensively employed in usage-based insurance solutions where predictive models utilise telemetry-based data to build a model of predictive risk for claim likelihood. [citation needed]
Catastrophe modeling. Catastrophe modeling [1] (also known as cat modeling) is the process of using computer -assisted calculations to estimate the losses that could be sustained due to a catastrophic event such as a hurricane or earthquake. Cat modeling is especially applicable to analyzing risks in the insurance industry and is at the ...
Predictive analytics is a form of business analytics applying machine learning to generate a predictive model for certain business applications. As such, it encompasses a variety of statistical techniques from predictive modeling and machine learning that analyze current and historical facts to make predictions about future or otherwise unknown events. [1]
Prescriptive analytics is the third and final phase of business analytics, which also includes descriptive and predictive analytics. [2] [3] Referred to as the "final frontier of analytic capabilities", [4] prescriptive analytics entails the application of mathematical and computational sciences and suggests decision options for how to take advantage of the results of descriptive and ...
Actuarial science. Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in insurance, pension, finance, investment and other industries and professions. More generally, actuaries apply rigorous mathematics to model matters of uncertainty and life expectancy. Actuaries are professionals trained in ...
Uplift modelling. Uplift modelling, also known as incremental modelling, true lift modelling, or net modelling is a predictive modelling technique that directly models the incremental impact of a treatment (such as a direct marketing action) on an individual's behaviour. Uplift modelling has applications in customer relationship management for ...
Ads
related to: predictive modeling for insurance coverage plansautoinsurance.insure.com has been visited by 10K+ users in the past month