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Market Segmentation in Insurance Unsupervised Learning
WHAT IS MARKET SEGMENTATION?
In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, i..
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National Flood Insurance Program Claims/Values per county
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Four regression models viz, Multiple Linear Regression, Decision tree Regression, AdaBoost Regression, and Gradient Boosting Decision tree Regression have been used to compare and contrast the performance of these algorithms. To test and verify the m..
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Context
Claims for mild traumatic brain injury / concussion between 2014 and 2019 broken down by age bands.
Content
All included claims are accepted for cover.
Claims managed by an accredited employer are not included.
Traumatic brain in..
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Here are the Insurance Industry
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DESCRIPTION
Health Insurance Plans Unified Rate Review PUF 2015
SUMMARY
The Public Health Service Act (PHSA) and the implementing regulation, establish requirements for health insurance issuers (issuers) offering health insuranc..
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DESCRIPTION
Medicare Advantage Value Based Insurance Design Model
SUMMARY
As part of the Health Plan Innovation Initiatives, the Medicare Advantage Value-Based Insurance Design (VBID) Model is an opportunity for Medicare Advanta..
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The term Artificial Intelligence — or AI — has become a “catch-all” buzzword in recent years. A consequence of this trend is confusion about what constitutes “true” AI and its role in combating insurance fraud. Yet, AI is not new. The technology fir..
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Evolving technologies mostly help to change the driving forces underlying economic, social, and business developments [1,2]. Blockchain was developed and introduced in 2008 by a researcher or a group whose identity has remained anonymous even till no..
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Companies in the insurance sector face a changing and highly competitive environment. In addition to the threat of lower business volume due to the global economic crisis, insurance companies bump into other factors, structural and sectoral, which af..