• 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