Machine Learning for Insurance: Predict Claim & Assess Risk


Predict insurance coverage declare quantity, construct insurance coverage threat evaluation mannequin, and detect declare fraud with machine studying

What you’ll be taught

Find out about machine studying purposes in insurance coverage and its technical limitations

Discover ways to predict insurance coverage declare quantity utilizing XGBoost

Discover ways to construct insurance coverage threat evaluation mannequin utilizing Logistic Regression

Discover ways to detect insurance coverage declare fraud utilizing Help Vector Machine

Discover ways to predict insurance coverage declare quantity utilizing LightGBM

Discover ways to construct insurance coverage threat evaluation mannequin utilizing Random Forest Classifier

Discover ways to detect insurance coverage declare fraud utilizing Okay Nearest Neighbor

Discover ways to take a look at machine studying mannequin utilizing artificial knowledge

Discover ways to deal with class imbalance utilizing Artificial Minority Oversampling Approach

Discover ways to conduct characteristic significance evaluation utilizing Random Forest Regressor

Discover ways to analyze relationship between age, gender, and insurance coverage declare quantity

Discover ways to discover correlation between physique mass index and blood strain with insurance coverage declare quantity

Discover ways to discover correlation between smoking standing and insurance coverage declare quantity

Find out how insurance coverage threat evaluation fashions work. This part covers knowledge preprocessing, characteristic choice, practice take a look at break up, mannequin coaching, and assessing threat

Discover ways to clear dataset by eradicating lacking values and duplicates

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