Problem number 3
Problem presented at ESGI151 by Holon Technologies
There is a need to shift into more customer-centric model, as more insurance companies light up telematics technology. Imagine being able to predict an incident before it happens. Merging data analytics together with driver behavior is a game changing reality companies are just beginning to realize the benefits of. If actuaries can see patterns and trends, that’s where the magic begins to happen.
ESGI151 brainstorm should construct a solution for classification of drivers according to the data from driving indicators. The objective function is to minimize the probability of causing traffic damage during the next insurance period or some other parameter according to new pattern, discovered in the data.