The insurance company dataset (TIC), which we mine in this paper, was used in the COIL 2000 challenge. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. All datasets are in tab delimited format. i.e., what go to market strategies could be used in order to maximize profits. Safety Specialist caravan insurance can also come . We combined the training and test dataset for my initial data exploration and visualization, however, for fitting my models, I used the given training data and evaluated the performance measures on the given test data. Follow this guide for more information on how to share your data with the community. Work fast with our official CLI. Dataset with 16 projects 1 file 1 table. A test set contains 4000 customers of whom only the organisers know if they have a caravan insurance policy. All customers living in areas with the same zip code have the same sociodemographic attributes. All Rights Reserved, , http://www.liacs.nl/~putten/library/cc2000/data.html, http://www.liacs.nl/~putten/library/cc2000/, OpenIntro Statistics Dataset - winery_cars. Are you sure you want to create this branch? 2002. TICDATA2000.txt: Dataset to train and validate prediction models and build a description (5822 customer records). Thirdly, the raw dataset and the feature scaled dataset . Updated 3 years ago. Caravan insurance is designed to protect your caravan against damage and theft. your computer will be reset to windows 10 fresh defaults. Toggle navigation. 1-2, pp. For details on the references, see the information included in the licenses folder of the Caravan dataset, If you have any questions/feedback regarding the Caravan dataset/project, please contact Frederik Kratzert kratzert(at)google.com. Caravan - A global community dataset for large-sample hydrology, that was used to derive all of the data included in Caravan, and. Following Amelia, let's look at the ISLR Caravan example (pp. The data set contains information on customers of an insurance company which includes the Taking some extra precautions can reduce your premium considerably, so read on for our top tips to keep your insurance as cheap as possible. Questions or concerns about copyrights can be addressed using the contact form. This will load the data into a variable called Caravan. You signed in with another tab or window. Muthu1@e.ntu.edu.sg Are you sure you want to create this branch? Caravan: The Insurance Company (TIC) Benchmark In ISLR: Data for an Introduction to Statistical Learning with Applications in R DescriptionUsageFormatSourceReferencesExamples Description The data contains 5822 real customer records. Lay-up cover. We found that caravan insurance buyers are likely to live in wealthy area. The complete dataset has 9822 rows and 86 column headings. P. van der Putten and M. van Someren. http://www.liacs.nl/~putten/library/cc2000/ For my first part of the analysis, the initial data visualizations indicate that the buyers of caravan mobile home insurance policies also tend to buy car policies and fire policies. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. P. van der Putten and M. van Someren (eds). cross-sellingCaravanInsuranceUsingDataMining, http://kdd.ics.uci.edu/databases/tic/dictionary.txt, http://kdd.ics.uci.edu/databases/tic/tic.html. This type of policy is more similar to a homeowner's policy. Do not sell or share my personal information, 1. Registered in England No. The performance measures of these models on over sampled data can be found in the jupyter notebook. Cross-selling is one of the most successful techniques of marketing in the modern days where a company aims at selling additional products/services among existing customers. We extract and analyze the raw variables with labels and try to categorize the variables based on the The data was originally supplied by Sentient Machine Research and was used in the CoIL Challenge 2000. Our main vision with Caravan is that this dataset will grow over time. Machine Learning, October 2004, vol. [Web Link], [1] Papers were automatically harvested and associated with this data set, in collaboration Estimates on this page are derived from the Household Pulse Survey and show the percentage of adults aged 18-64 years who were uninsured at the time of the interview or had public or private . For more information on customizing the embed code, read Embedding Snippets. Club Care's Caravan Insurance covers your contents and equipment too plus personal injury, public liability, loss of use and accidental damage, theft and fire - so it's well worth the investment. It has the same format as TICDATA2000.txt, only the target is missing. The "insurance protection gap" totalled $84bn in uninsured losses (compared to $56bn) in 2019 according to Swiss Re so there is a lot of untapped potential. Click here to review the details. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. The first being to target a very narrow set of customers with high penetration pricing to have a very high conversion rate. Now customize the name of a clipboard to store your clips. Other variables are mainly sociodemographic data and product ownership and for simplicity, we treat them as numerical data. interested in buying caravan insurance and predict a model with the given 86 variable values In 2019, 14.5% of adults aged 18-64 were uninsured at the time of interview, 20.4% had public coverage, and 67.5% had private health insurance coverage. (1,6,7,10,11,14,16,17,18,19,20,21,22,24,26,28,29,30,31,32,33,34,35,37,38,39,40,41) Further information on the individual variables can be obtained at http://www.liacs.nl/~putten/library/cc2000/data.html. If you use the Caravan dataset in your research/work, the recommended citation is: Additionally, we would highly appreciated if you also cite the corresponding manuscripts of the source datasets. Lines open Mon-Fri 9am-5.30pm. For my later part of the analysis, I used the aforementioned classification models to devise an optimal go to market strategy depending on. to use Codespaces. If youre looking to reduce the cost of your caravan insurance year after year, the easiest way to do this is to fit extra security to your caravan. The Caravandata set is found in the ISLRR package. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. The data contained a range of information on customers, which included income, age range, vehicle ownership, number of policies held, and level of contributions (premiums) paid as well as more qualitative information on lifestyle and type of households. What is Healthcare Insurance Data Healthcare Insurance Dataset Insurance Database - MedicoReach used for? Download: Data Folder, Data Set Description, Abstract: This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. [View Context].Stephen D. Bay and Dennis F. Kibler and Michael J. Pazzani and Padhraic Smyth. for anyone to share extensions of Caravan to new regions. There are two go to marketing strategies that COIL can use. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). Whether you own a touring caravan or a static caravan, you could be glad of having caravan insurance in place if something goes wrong. https://github.com/google/eng-edu/blob/main/ml/cc/exercises/linear_regression_with_a_real_dataset.ipynb The variable of interest in this dataset is Number_of_mobile_home_policies, which indicates the observations that have bought caravan insurance. The dataset we used consists of 9,822 customer records and includes sociodemographic data of the area where a customer lives and product ownership data of the customer. Pros and cons. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. . As consulted with one of my connections who is a subject matter expert with respect to insurance cross-selling, I learnt that the ratio of costs of FP to that of FN is around 1:18. James, G., Witten, D., Hastie, T., and Tibshirani, R. (2013) MAPPING TARGET VARIABLES AS PREDICTORS OF CARAVAN INSURANCE BUYERS: These predictions have been made with descriptive statistics results of the data set along with the real world logical themes (Appendix-1) FACTOR 1: AGE Middle aged people are more likely to get caravan insurance FACTOR 2: ATTITUDE TOWARDS SPENDING/ BUYING People with a liberal Clipping is a handy way to collect important slides you want to go back to later. Average age MGEMLEEF holds 6 types of values which can be categorised into three groups and are This analysis can be observed in the uploaded notebook. Secondly, the anova test is applied to verify the features with Probability of F-Statistic PR(>F) < 0.05 that highly influence the Target. Published by Sentient Machine Research, Amsterdam. To get an understanding of the features and data types associated with these features, I have included summary of the dataset and sample of the dataset in my Jupyter notebook document. The caravan of migrants hoping to gain entry into the United States has been the subject of much controversy in recent days. A discount on your premium will be applied when you advise us that you won't be using your vehicle during specific months. You can load the Caravan data set in R by issuing the following command at the console data("Caravan"). Question: Consider the insurance company case. CoIL Challenge 2000: The Insurance Company Case. Stay claim free. Additionally, the cost factor associated with all my models is more important than the corresponding performance measures, as costs of False Positives and False Negatives in this business case is nowhere close to equal. The data consists of 86 variables and includes product usage data and socio-demographic data, Original Owner and Donor:
Peter van der Putten
Sentient Machine Research
Baarsjesweg 224
1058 AA Amsterdam
The Netherlands
+31 20 6186927
pvdputten '@' hotmail.com, putten '@' liacs.nl
TIC Benchmark Homepage: http://www.liacs.nl/~putten/library/cc2000/. Data for an Introduction to Statistical Learning with Applications in R, ISLR: Data for an Introduction to Statistical Learning with Applications in R. Moreover, other characteristics of caravan mobile home insurance buyers generally include lower level education, Income 30,000, and Australian Caravan Insurance is a trading brand of . Tagged. CaSSOA is a scheme that grades storage sites as Gold, Silver and Bronze quality so look out for gold sites to give the best insurance discounts. Learn more. The datasets below may include statistics, graphs, maps, microdata, printed reports, and results in other forms. To achieve reliable data results, start by balancing data correctly based on a specific business objective before training a predictive model. All customers living in areas with the Out of a total of 238 actual mobile home policy customers, our model . - Middle and Upper Class, middle aged and senior citizens, high risk cultured liberal investors (8, 9, It appears that you have an ad-blocker running. Machine Learning, October 2004, vol. Postprocess the Earth Engine outputs locally and to combine it with streamflow, as well as to compute some additional climate indices. 2000: The Insurance Company Case. Caravan insurance policies in New Zealand typically cover you if you're living in, towing, parking, garaging or storing a caravan. Data Mining of Caravan Insurance Data Set Using R. Use Git or checkout with SVN using the web URL. Security These results along with other performance measures and ROC curves for my classification models on the under sampled data can be found in the jupyter notebook. A Bias-Variance Analysis of a Real World Learning Problem: The CoIL Challenge 2000. Description Answer: I'm not quite sure what you mean by "open datasets" but I would start with calling the major organizations that gather and disburse insurance statistical information. Examples, The data contains 5822 real customer records. Looks like youve clipped this slide to already. One aspect of this is applying a customer lifetime value to each client. The data contains 5822 real customer records. Caravan includes meteorological forcing data . This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository. There was a problem preparing your codespace, please try again. The second is where the company markets to a wider consumer base with a lower penetration pricing relying to law of large numbers. This indicates that models that might have low accuracy but with low overall costs are selected over models with high accuracy but high overall costs. Rented house, in the zipcode area of the customer. The PPV and sensitivity for all my models are compared in a graph in the jupyter notebook and since there is no clear winning model in terms of both, sensitivity and PPV, I recommend two different strategies based on the selected tradeoff between PPV and sensitivity. This is usually a hitchlock and a wheel clamp. Caravan Insurance Dataset Description - Coachman 565 Touring Caravan in Stirlingshire (#106144 ) - Caravan insurance data mining assignmentk6225 knowledge discovery and data mining by, sesagiri raamkumar aravind(g1101761f) thangavelu muthu kumaar(g1101765e) page 1 of 11.. Lv= caravan insurance could offer you a 10% discount if you're an . Additionally, every data that is contributed contains a separate license/info file, attributing your contribution to this project and explaining the source of license specification of this addition. data mining company Sentient Machine Research. Moreover, the unbalanced nature of this dataset required us to use sampling techniques to capture the characteristics of the success class (only 5.9% of the observations). Which existing customers also tend to buy the caravan mobile home insurance policy? The Code Project Open License (CPOL) is intended to provide developers who choose to share their code with a license that protects them and provides users of their code with a clear statement regarding how the code can be used. Users analyze, extract, customize and publish statistics. 2.1.1. Compute time series of spatially-averaged meteorological forcings on Google Earth Engine. The training data has 5893 observations, whereas, the test data consists of the remaining 3929 observations. The meaning of the attributes and attribute values is given below. ANALYZING AND CATEGORIZING THE VARIABLES: Activate your 30 day free trialto unlock unlimited reading. Format Learn more. The training set contains over 5000 descriptions of customers, including the information of whether or not they have a caravan insurance policy. OpenIntro documentation is Creative Commons BY-SA 3.0 licensed. Get smarter at building your thing. Contents Coverage Every policy has a different level of contents insurance. Insurance companies recognise that caravan owners who join these clubs are generally more interested in looking after their caravan, and take caravan safety more seriously, so as a member you could get up to 10% with some insurers! to use Codespaces. Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. Fig 3: Derived Variables 3.8 Balancing the training data It has been noticed that the training dataset is not highly representative of positive cases i.e.CARAVAN=1. This is a useful insight for cross-selling the caravan policy to the existing customers of car policies and fire policies. While searching for this topic online, you will find there are three aspects. The sociodemographic A tag already exists with the provided branch name. Although they are great for meeting likeminded caravanners and enjoying your caravanning breaks in friendly groups with organised activities; being a member of one can also mean a generous discount off your caravan insurance. Health Insurance is a type of insurance that covers medical expenses. The dataset consists of 5822 records of customer data collected by the insurance company on 85 different socio-demographic and product-ownership data features. Having said that, I have developed analysis that compares overall costs for all eighteen models for classification cutoff values ranging from 0 to 1. Its static caravan cover includes public liability up to 5 million; fire, theft, storm and flood damage; accidental damage; fixtures and fittings; and keys and locks up to 500. Additionally, my results from association rules gives the best rule to be {Avg_age=3, Social_class_B2=3, Number_of_boat_policies=1} -> {Number_of_mobile_home_policies=1}. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. Research, Amsterdam. Static insurance covers permanent caravans that may be used as a residence. Since, this dataset was used for the purposes of a challenge, I obtained the data in the form of training data and test data, which is why, there was no need to split the data for my analysis. Published by Sentient Machine Research, Amsterdam. The data was generously contributed by one global reinsurance companyand two large Lloyd's syndicates in London. Still not convinced? Additionally, Caravan provides code to derive meteorological forcing data and catchment attributes in the cloud, making it easy for anyone to extend Caravan to new catchments. Algorithmic Risk Prediction for Life Insurance Applications through supervised learning algorithms By Bharat , Dylan , Leonie and Mingdao (Jack) In this two-part series, we will describe our experience of working on the Prudential Life Insurance Dataset to predict the risk of life insurance applications using supervised learning algorithms. looking for misconfigured or infected devices. Even if youve never towed on public roads before, bonuses are often available for caravanners who take towing courses and additional instruction, making them statistically safer drivers when theyre towing a caravan. Introductory bonuses Aman Kharwal. Note: All the variables starting with M are zipcode variables. Games, G., Witten, D., Hastie, T., and Tibshirani, R. (2013) An Introduction to Statistical Learning with applications in R, www.StatLearning.com, Springer-Verlag, New York. CUST_LEVEL_LIFECYCLE: A global community dataset for large-sample hydrology. Activate your 30 day free trialto continue reading. How Does The First Computer Look Like - The World S First Computer With Data Storage History Daily - Input of data means to read information from a keyboard, a storage device like a hard drive, or a sensor.the computer processes or changes the data by following the instructions in software programs. The vision of Caravan is to provide the foundation for a truly global open source community resource that will grow over time. SIGKDD Explorations, 2. There are 2,000 questions and 3,308 answers in the test set. I like this service www.HelpWriting.net from Academic Writers. "-//W3C//DTD HTML 4.01 Transitional//EN\">, Insurance Company Benchmark (COIL 2000) Data Set 0330 094 5256. Boat Rental Cleveland Flats : Cleveland Flats Then Now Is It Finally Smooth Sailing On The East Bank Collision Bend Brewing Company - / search boat rentals in cleveland, ohio. The Code Project Open License (CPOL) 1.02. CS Department, AI Unit Dortmund University. The dataset that was obtained consists of 86 features, which includes insurance product usage data and social-demographic data. Customer sub type MOSTYPE variable has 41 value types which can be categorised under two broad Therefore, models constructed using this data set may not be the best predictor for positive cases. [Web Link]. 10636682. INTRODUCTION: Caravan insurance data mining statistical analysis, Product Planning Manager, Oncology & Hospital Specialty Care Marketing at MSD. 177-195, Kluwer Academic Publishers Usage This dataset is not set up as individual customer observations and each row represents a group of customers i.e., a large sample size. A test dataset contains another 4000 customers whose information will be used to test the effectiveness of the machine learning models. The . Storage The goal is to apply KNN to the Caravan dataset from the ISLR package. 1. Variable 86 The value of your caravan: The replacement or repair cost . Each record The data was supplied by the Dutch data mining company Sentient Machine Research and is based on a real world business problem. It may be obtained from: https://www.kaggle.com/uciml/caravan-insurance-challenge It contains information on customers of an insurance company. infected with a virus or malware. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. October 26, 2021. A simple alarm, for example, can save you 5% off your premium. The Caravan Insurance Challenge was posted on Kaggle with the aim in helping the marketing team of the insurance company to develop a more effective marketing strategy. Club membership Firstly, the Health Cost Insurance dataset is extracted from UCI machine repository and the data is preprocessed along with exploratory data analysis. A lot of new caravans are fitted with an AL-KO axle wheel lock receiver, so purchasing the locking part for this is an excellent alternative to a separate wheel clamp and will give a superb level of security. The goal of the challenge was to predict customers who are interested in a caravan insurance policy. For my first part of the analysis, I used Data Visualization and Association Rules to understand the characteristics of caravan mobile home insurance buyers. The CPOL is our gift to the community. Data Analytics | Artificial Intelligence | Data Visualization | Perspective | https://www.linkedin.com/in/tankahwang/. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not 177-195, Kluwer Academic Publishers The training set contains over 5000 descriptions of customers, including the information of whether they have a caravan insurance policy. Once insured you will be able to build your caravanning no claims bonus and thus discount this could get you up to 20% off a quote for three years claim free caravanning. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Tap here to review the details. CoIL Challenge Tracking devices offer a huge discount up to 20% from some insurers as they provide an unbeatable deterrent for potential thieves as well as being extremely effective at returning your caravan to you swiftly if it does get stolen. This report is intended to understand characteristics of a caravan insurance policy buyer. It has the same format as TICDATA2000.txt, only the target is missing. Here, i'll take installation disc as an example and show you how to reimage a computer in windows 10/8/7, because this method is. Considering the nature of decisions made on this data, I can maximize profit by recommending one of the two market strategies. Our aim is to predict a customer circle who will be So if you want to learn how we can . Variable 86 (<code>Purchase</code>) indicates whether the customer . Caravan Guard Limited is authorised and regulated by the Financial Conduct Authority (FCA). Science Technical Report 2000-09. The sociodemographic data is derived from zip codes. Information about customers consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. Insurance datasets - risk assessment & location data for accurate pricing Data Guide Insurance Data Guide > industry > Insurance Back Insurance Write profitable business with the most accurate location data for insurance Detect risk that others miss Pinpoint pockets of opportunity and better understand risk Provide accurate and competitive pricing The SlideShare family just got bigger. As per the current situation the company has to approach all 4000 customers with the policy. June 22, 2000. All customers living in areas with the same zip code have the same sociodemographic attributes. Now, I have calculated the profits associated with each of my models for classification cutoff values ranging from 0 to 1. - Middle aged family men (2, 3, and 4) All datasets are in tab delimited format. Recitation of Public and Private Sector General Insurance Industry in Structu Vivekanandha College of arts and Science for Women (Autonomous). Muthu Kumaar Thangavelu (G1101765E) The cost of a tracking device may seem too high if your caravan is several years old, but adding additional security is still beneficial. 2000. 2018. It is explicitly not allowed to use this dataset for commercial education or demonstration purposes. Joining a caravanning club is not just a social thing! sign in Caravan policies should cover you for things like fire, theft, accidental damage and weather damage. We also used Ensemble methods including Bagging, Boosting and Random Forest for improving on single tree classifier models. 2. So, for example, if your air conditioning motor breaks down, the insurance covers repair costs. Storing your caravan in a sensible place will also give you peace of mind as well as possible discounts off your annual caravan insurance. The accuracy of our model using testing dataset is 79.7% in which it's sensitivity was 81.74% and specificity 47.48%. Most caravan insurance companies will require some form of minimum security. Also a Leiden Institute of Advanced Computer How to reimage your computer in windows 7/8/10? insurance policy. When your caravan is being towed, your car insurance policy often only extends to third party cover, so any damage to the caravan itself would be covered under your caravan insurance. The six classification models built on the unbalanced data tend to give a very high accuracy due to classifying almost all non-success class observations correct (which is the majority 95%), however, the unbalanced nature of this dataset does not allow any of these models to learn the characteristics of the success class observations. Please cite/acknowledge:
P. van der Putten and M. van Someren (eds) . The data contains 5822 real customer records. 57, iss. If nothing happens, download GitHub Desktop and try again. Due to large number of features, it is infeasible to show the data dictionary or a data sample in this document, however, the data dictionary can be obtained from - http://kdd.ics.uci.edu/databases/tic/dictionary.txt and the complete dataset can be obtained from - http://kdd.ics.uci.edu/databases/tic/tic.html. This paper introduces a dataset called Caravan (a series of CAMELS) that standardizes and aggregates seven existing large-sample hydrology datasets. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. The output of my association rules can be observed in associated jupyter notebook. Now, I calculated the highest profit for each of my 18 models depending on the optimal cutoff for that mode. same zip code have the same sociodemographic attributes. After under sampling the number of non-success class observations in the training dataset, I re-ran my six classification models and noticed an overall improvement in the performance measures associated with correctly identifying the success class observations. It may be obtained from: https://www.kaggle.com/uciml/caravan-insurance-challenge It contains information on customers of an insurance company. After under sampling, I used the technique of oversampling the number of success class observations in this training dataset and refitted my six classification models. We've encountered a problem, please try again. Photography Insurance; Camera Insurance . Using this analysis, I suggest situation based models to apply based on their costs and different go to market strategies. The results from these allowed us to state the relationship between Published by Sentient Machine Research, Amsterdam. Attribute 86, "CARAVAN:Number of mobile home policies", is the target variable. The reason there is a gap, though, is. 12, 13, 23, 25, 36, 2, 3, 4, 5, 15, and 27) Married observations. We've updated our privacy policy. If nothing happens, download GitHub Desktop and try again. Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. Compare The Market Limited is authorised and regulated by the Financial Conduct Authority for insurance distribution (Firm Reference Number: 778488). The performance measures (sensitivity, specificity, recall, precision, accuracy and ROC curves) associated with all six models fitted on the unbalanced training data and predicted on unbalanced test data is provided in the jupyter notebook. You signed in with another tab or window. Devices such as the AL-KO ATC or BPW IDC offer extra stability when towing and breaking, meaning youre less likely to experience snaking which can lead to a catastrophic and costly accident. Australian Caravan Insurance is a specialist provider of comprehensive insurance cover for caravans, campervans, trailers, horse floats and more. The data was originally supplied by Sentient Machine Research Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). Anyone, with as little as streamflow records and catchment boundaries of one (or more) basins, can contribute to extending the Caravan dataset to new regions. One instance per line with tab delimited fields.