How Much Telematics Information Do Insurers Need for Claim Classification?

DOI10.1080/10920277.2021.2022499OpenAlexW3167634528MaRDI QIDQ5877351FDOQ5877351

Authors: Francis Duval, Jean-Philippe Boucher, Mathieu Pigeon 

Publication date: 10 February 2023

Published in: North American Actuarial Journal (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/2105.14055

Recommendations

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• Classification of scale-sensitive telematic observables for riskindividual pricing

Mathematics Subject Classification ID

Actuarial mathematics (91G05) Applications of statistics to actuarial sciences and financial mathematics (62P05)

Cites Work

• Title not available (Why is that?)
• Title not available (Why is that?)
• Random forests
• Bagging predictors
• Regularization and Variable Selection Via the Elastic Net
• Title not available (Why is that?)
• A new family of power transformations to improve normality or symmetry
• Risk classification for claim counts: a comparative analysis of various zero-inflated mixed Poisson and hurdle models
• Classification of scale-sensitive telematic observables for riskindividual pricing
• Covariate selection from telematics car driving data
• The use of annual mileage as a rating variable
• Evaluation of driving risk at different speeds
• Feature extraction from telematics car driving heatmaps

Cited In (9)

• Integration of traditional and telematics data for efficient insurance claims prediction
• Leveraging Weather Dynamics in Insurance Claims Triage Using Deep Learning
• Can automobile insurance telematics predict the risk of near-miss events?
• Cost-sensitive multi-class AdaBoost for understanding driving behavior based on telematics
• What can we learn from telematics car driving data: a survey
• Classification of scale-sensitive telematic observables for riskindividual pricing
• Evaluation of driving risk at different speeds
• The added value of dynamically updating motor insurance prices with telematics collected driving behavior data
• Conditional likelihood based inference on single-index models for motor insurance claim severity

Uses Software

• glmnet
• Spearmint

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