• DocumentCode
    2289258
  • Title

    The application of improved BP algorithm in customer classification of life insurance

  • Author

    Bi Xing ; Jian Li ; Huang Feng-wen

  • Author_Institution
    Sch. of Manage., Tianjin Univ., Tianjin, China
  • fYear
    2009
  • fDate
    14-16 Sept. 2009
  • Firstpage
    1269
  • Lastpage
    1275
  • Abstract
    With the development of the Internet, insurance selling on the Internet becomes a good chance for most companies. We have seen that property insurance have realized selling on the Internet, but for the life insurance, there isn´t any improvement in these years. One factor can explain this phenomenon: life insurance is too profession for customer to comprehension. So selling life insurance on the Internet develops very slowly. In this paper, in order to realize the auto sorting function for life insurance product, we give an improved backpropagation (BP) model, as long as the customer put their information into the model, we can get the product that most suit for them. The model avoids the character of profession for life insurance efficiently, so it becomes possible for life insurance selling on Internet.
  • Keywords
    Internet; backpropagation; insurance; Internet; backpropagation algorithm; insurance customer classification; life insurance selling; Classification algorithms; Conference management; Engineering management; Feedforward systems; Financial management; Insurance; Internet; Research and development management; Technology management; Testing; improved BP model; insurance customer classification; insurance marketing; life insurance product;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Management Science and Engineering, 2009. ICMSE 2009. International Conference on
  • Conference_Location
    Moscow
  • Print_ISBN
    978-1-4244-3970-6
  • Electronic_ISBN
    978-1-4244-3971-3
  • Type

    conf

  • DOI
    10.1109/ICMSE.2009.5318101
  • Filename
    5318101