In this paper, the knowledge discovery in databases and data mining (KDD/DM), one of the data-based decision support technologies, is applied to help in targeting customers for the insurance industry. In most KDD/DM application cases, major tasks are required, including data preparation, data preprocessing, data mining, interpretation, application and evaluation. A case study is presented that ...

agricultural insurance is the most efficient tool for governmental supports to deal with hazards. also, it has the highest capability to deal with hazards. agricultural insurance can be one of the most appropriate mechanisms for investment security in agricultural sector. the main purpose of this study was analyzing factors affecting development of wheat insurance in hamedan county. this study ...

Insurance is insurance or agreement between two parties, the first party required to pay contributions premiums while second provide guarantees if something bad happens insured participant object. In addition community, also used by companies as a step make investments minimize losses that may occur in future. This indicates has become an important part for every company. study aims empirically...

We conduct a field study on a prominent US health insurance firm to examine how customizing a product affects firm’s cost to serve the customers through its call center. In our setting, the product is a complex health insurance policy. Firm incurs substantial cost in serving the customers through its call center, and adjudicating the claims using its information systems. Firm sells either stand...

Decumulation decisions appear to cause difficulty for many investors, limiting demand for products such as annuities and reverse mortgages. The decumulation process is difficult because it entails two major risks: running out of money by spending too fast versus dying early and unintentionally leaving behind a substantial amount of unused funds. One product that appeared to address both sides o...

Abstract Understanding the heterogeneous preferences of individuals for disaster insurance attributes is critical product improvement and policy design. In an era global environmental change, Qinghai-Tibet Plateau a hotspot natural hazards. Improving capability rural housing to foster local residents’ resilience great significance but remains under addressed. We used discrete choice experiment ...

Sharia insurance is an effort to protect and help each other among policyholders (participants) which carried out through the collection management of tabarru funds that provide a pattern return face certain risks contracts are in accordance with sharia principles. Insurance way minimize occurrence greater risks, may be experienced by everyone. In present day there more companies require every ...

We conduct a series of field experiments to evaluate the quality of advice provided by life insurance agents in India. Agents overwhelmingly recommend unsuitable, strictly dominated products, which provide high commissions to the agent. Agents cater to the beliefs of uninformed consumers, even when those beliefs are wrong. We test whether regulation or the market can improve advice. A natural e...

The development of information and communication technology not only has positive impacts, but also negative especially in the cybersecurity sector. Insurance companies need to create a relatively new insurance product, namely insurance. However, still needs further investigation because there is no standard actuarial table like mortality life This article will discuss modeling infection recove...