Skip to main content

#Insurance #R #API #Application #Dashboarding #Data Capture #Open Data

Risk-based car insurance pricing

Scoring the risk of a car ride.

Pricing models for automobile insurance aim to assess the risks sustained by a vehicle, through the driver's driving habits. In particular, frequent routes can be a variable risk to the vehicle. In order to measure this risk, Sia Partners has developed this bot to assess the risk of a journey between two points.

The French Ministry of Interior has made available the database of road accidents as open data. This database contains all accidents identified by the authorities and their characteristics. Sia Partners has utilized this data in order to feed the bot. The app visualizes the associated accidents for a specific given journey and to measure its risk.

Bot applications :

• Traditional pricing: new input to the existing model to improve its performance
• Price customization: use the most frequent ride (from home to work) to increase price segmentation
• Pay how you drive: synergize this score with telematics whose price depends on real-time driving data

 

simulation_screenshot

If you want to know more about our AI solutions, check out our Heka website: https://heka.sia-partners.com/

#Insurance #R #API #Application #Dashboarding #Data Capture #Open Data

Reg Review
#Banking #Elastisearch #Python #R #API #Dashboarding #Data Capture

Reg Review

fraud
#Banking #Energy & Utilities #Transports & Logistics #Consumer Packaged Goods & Retail #jQuery #R #Application #Dashboarding #Machine Learning

Fraud Detection

Fraud Detection

Loan rates benchmark img
#Banking #R #API #Application #Dashboarding #Data Capture #Open Data

Loan rates benchmark