DocumentCode
1768140
Title
Predicting car insurance policies using random forest
Author
Alshamsi, Asma S.
Author_Institution
Coll. of Inf. Technol., United Arab Emirates Univ., Al Ain, United Arab Emirates
fYear
2014
fDate
9-11 Nov. 2014
Firstpage
128
Lastpage
132
Abstract
Data mining has been recently used in the field of car insurance to help the insurance companies in predicting the customers´ choices in order to provide more competitive services. In this composition, the random forest was used to develop a classification model that could be applied in predicting which of the insurance policies would likely to be chosen by the customers. The performance of the developed model was compared to several data mining techniques such as ZeroR classifier, Simple Logistics Function, Decision Tree and Naïve Bayes on a dataset contains 7 different policies. The results showed that the random forest was the most precise technique with an overall accuracy of 97.9 %.
Keywords
automobiles; data mining; insurance; learning (artificial intelligence); pattern classification; car insurance policy prediction; classification model; data mining; insurance companies; random forest; Accuracy; Companies; Data mining; Insurance; Predictive models; Training; Vegetation; Data Mining; car insurance policy; predictive modeling etc; random forest;
fLanguage
English
Publisher
ieee
Conference_Titel
Innovations in Information Technology (INNOVATIONS), 2014 10th International Conference on
Conference_Location
Al Ain
Print_ISBN
978-1-4799-7210-4
Type
conf
DOI
10.1109/INNOVATIONS.2014.6987575
Filename
6987575
Link To Document