caravan insurance dataset

The value of your caravan: The replacement or repair cost . The data set contains information on customers of an insurance company which includes the A Simple Method For Estimating Conditional Probabilities For SVMs. The data was originally supplied by Sentient Machine Research and was used in the CoIL Challenge 2000. Compare The Market Limited is authorised and regulated by the Financial Conduct Authority for insurance distribution (Firm Reference Number: 778488). 2023 Caravan Insurance Guide is a trading name of Caravan Guard Limited (registered in England number 4036555 at New Road, Halifax, West Yorkshire, HX1 2JZ). Compute time series of spatially-averaged meteorological forcings on Google Earth Engine. How to reimage your computer in windows 7/8/10? Considering the nature of decisions made on this data, I can maximize profit by recommending one of the two market strategies. - Middle and Upper Class, middle aged and senior citizens, high risk cultured liberal investors (8, 9, 1. 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. The goal of the challenge was to predict customers who are interested in a caravan insurance policy. Datasets are usually for public use, with all personally identifiable information removed to ensure confidentiality. Gamehunters Free Chips Wsop : Wsop Free Redeem Codes - Click here wsop players note : Allintitle:aspx Allintitle:mcleak + 15 ?Play= / Allintitle Aspx Allintitle Mcleak 15 Play Minecraft Mk120 Allintitle Aspx Title Allintitle Aspx Allintitle Mcleak 15 Play Allintitle Viona Aini / As the world's premiere early childhood development program, the little gym partners with parents to empower children for life's adventures. Our aim is to predict a customer circle who will be The data was generously contributed by one global reinsurance companyand two large Lloyd's syndicates in London. All customers living in areas with the same zip code have the same sociodemographic attributes. So if you want to learn how we can . Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. We all want to keep costs low, especially in todays economic climate, and it might be tempting to let your caravan insurance lapse. You can read the details below. North Wales PA 19454 A data frame with 5822 observations on 86 variables. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). existing customers and caravan mobile home insurance buyers and some corresponding general characteristics. One aspect of this is applying a customer lifetime value to each client. 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. There are two go to marketing strategies that COIL can use. We've encountered a problem, please try again. The code provided in this dataset can be used to: The generated output is already in a folder structure that can be easily integrated into the existing dataset. June 22, 2000. The UCI KDD Archive of Large Data Sets for Data Mining Research and Experimentation. The dataset consists of 5822 records of customer data collected by the insurance company on 85 different socio-demographic and product-ownership data features. You can load the Caravan data set in R by issuing the following command at the console data("Caravan"). 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 purpose of this repository is twofold: See "Extend Caravan" for a detailed description about how to extend Caravan to any new region/basin with the code provided in this repository. consists of 86 variables, containing sociodemographic data (variables variables to significant predictors as below CUST_SUB_LIFESTYLE_REFLECTION: KDD. 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}. We all know that making a claim on our insurance can result in our premium going up at renewal . Since, it is critical for my analysis to correctly classify success class observations, the most important performance measures to consider is sensitivity and PPV. Format with Rexa.info, http://www.liacs.nl/~putten/library/cc2000/, Transforming classifier scores into accurate multiclass probability estimates, The UCI KDD Archive of Large Data Sets for Data Mining Research and Experimentation, A Simple Method For Estimating Conditional Probabilities For SVMs. Out of the 86 attributes, two are categorical, 83 are numerical and one is the class/target variable (Caravan Insurance Purchased). There was a problem preparing your codespace, please try again. Tagged. Registered Office: Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. If nothing happens, download GitHub Desktop and try again. Secondly, the anova test is applied to verify the features with Probability of F-Statistic PR(>F) < 0.05 that highly influence the Target. The Caravan dataset (and the corresponding manuscript) are currently under revisions. All customers living in areas with the same zip code have the same sociodemographic attributes. Moreover, other characteristics of caravan mobile home insurance buyers generally include lower level education, Income 30,000, and 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 If nothing happens, download Xcode and try again. 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. A Bias-Variance Analysis of a Real World Learning Problem: The CoIL Challenge 2000. As they traveled through Mexico, many made their way to the city of Tijuana, located at the border with California. understanding of the insurance product and the product buyers. Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. The data was originally supplied by Sentient Machine Research It has the same format as TICDATA2000.txt, only the target is missing. A simple alarm, for example, can save you 5% off your premium. Activate your 30 day free trialto continue reading. Lines open Mon-Fri 9am-5.30pm. Contents Coverage Every policy has a different level of contents insurance. Dataset with 16 projects 1 file 1 table. Caravan insurance is designed to protect your caravan against damage and theft. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. The first 43 attributes are demographic and social data, whereas, the remaining 43 variables are insurance product usage related data which indicate customers of the companys existing policies such as fire, boat, life, etc. Now, I built the above six classification techniques on three separate test data frames: the unbalanced dataset, under sampled dataset and the over sampled dataset i.e., in effect, I now have performance measures of 18 different models for comparing and evaluating purposes. Static insurance covers permanent caravans that may be used as a residence. The second is where the company markets to a wider consumer base with a lower penetration pricing relying to law of large numbers. The Insurance Company (TIC) Benchmark Description The data contains 5822 real customer records. If you are at an office or shared network, you can ask the network administrator to run a scan across the network A test set contains 4000 customers of whom only the organisers know if they have a caravan insurance policy. We extract and analyze the raw variables with labels and try to categorize the variables based on the There are two levels of caravan insurance for tourers and statics: New for old - If your caravan is damaged beyond repair or stolen, new for old cover will pay out the value of a brand new, equivalent model, providing the sum insured reflects the value of the caravan as new. Do not sell or share my personal information, 1. Lay-up cover. Work fast with our official CLI. The insurance company dataset (TIC), which we mine in this paper, was used in the COIL 2000 challenge. Club membership 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. Whether you own a touring caravan or a static caravan, you could be glad of having caravan insurance in place if something goes wrong. Dataset imported from https://www.r-project.org. Health Insurance is a type of insurance that covers medical expenses. The training set contains over 5000 descriptions of customers, including the information of whether or not they have a caravan insurance policy. http://www.liacs.nl/~putten/library/cc2000/ Still not convinced? P. van der Putten and M. van Someren. Caravan insurance can cover electrical equipment that is part of the caravan - not those bought separately. [email protected] Other variables are mainly sociodemographic data and product ownership and for simplicity, we treat them as numerical data. For taking advantage of different classification algorithms and improving performance measures of my classification, I used multiple classification algorithms including Logistic Regression, K-NN classification and Nave Bayes Classification. 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. We've seen all sorts of makes, models, designs and modifications over the years. This data set includes 85 predictors that measure demographic characteristics for 5,822 individuals. Follow this guide for more information on how to share your data with the community. 2000: The Insurance Company Case. The central idea behind their target marketing being that the penetration price pricing directly influences the conversion rate. 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. Attribute 86, "CARAVAN:Number of mobile home policies", is the target variable. The sociodemographic data is derived from zip codes. The size of this file is about 1,024,817 bytes. . Statistical Analysis of Caravan Insurance using IBM SPSS comparethemarket.com is a trading name of Compare The Market Limited. Stay claim free. be obtained at http://www.liacs.nl/~putten/library/cc2000/data.html. Data Analytics | Artificial Intelligence | Data Visualization | Perspective | https://www.linkedin.com/in/tankahwang/. Following Amelia, let's look at the ISLR Caravan example (pp. The variable of interest in this dataset is Number_of_mobile_home_policies, which indicates the observations that have bought caravan insurance. Storage We've updated our privacy policy. SIGKDD Explorations, 2. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. See Rented house, in the zipcode area of the customer. We found that caravan insurance buyers are likely to live in wealthy area. This is something that should be kept in mind and taken care of when using this rule. K6255 Knowledge Discovery and Data Mining In 2000, a Europe insurance company that offered various insurance services including life, auto, boat insurances to a large customer faced this challenge of cross-selling where the companys newest service Caravan insurance policy turned to be disappointing in terms of sales. A couple of those organizations include: * Insurance Information Institute * National Association of Insurance Commiss. The datasets below may include statistics, graphs, maps, microdata, printed reports, and results in other forms. 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. Caravan Insurance Challenge Data Card Code (40) Discussion (2) About Dataset This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. 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. - Middle aged family men (2, 3, and 4) According to Public Law 113-235 Dec. 16, 2014, the Census Bureau was to "collect data for the Annual Social and Economic Supplement to the . Photography Insurance; Camera Insurance . The first thing I'm going to do is make a copy of it as a tibble, then see what we've got. Once you determine the initial balancing of the data, be sure to regularly monitor the balance of the incoming data, because the original balance might shift over time. Now, I have calculated the profits associated with each of my models for classification cutoff values ranging from 0 to 1. 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. interested in buying caravan insurance and predict a model with the given 86 variable values All datasets are in tab delimited format. infected with a virus or malware. P. van der Putten and M. van Someren (eds) . based on family status and age. 2000. caravan <- as_tibble(ISLR::Caravan) %>% print() Published by Sentient Machine Research, Amsterdam. Most organisations employ customer relationship management systems to provide a strategic advantage over their competitors. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). Examples, The data contains 5822 real customer records. Machine Learning, October 2004, vol. You signed in with another tab or window. Which existing customers also tend to buy the caravan mobile home insurance policy? Published by Sentient Machine data is derived from zip codes. 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. The corresponding data visualizations can be observed in the uploaded jupyter notebook. You can load the Caravandata set in R by issuing the following command at the console data("Caravan"). Updated 3 years ago. The data was supplied by the Dutch data mining company Sentient Machine Research and is based on a real world business problem. The reason there is a gap, though, is. On this R-data statistics page, you will find information about the Caravandata set which pertains to The Insurance Company (TIC) Benchmark. 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. Global businesses and organizations buy Healthcare Marketing Data from . The data contains 5822 real customer records. 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. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. OpenIntro documentation is Creative Commons BY-SA 3.0 licensed. In most cases, you'll find your caravan make within the drop down menu when you get a touring caravan quote, but if isn't there then give us a quick call on 01242 538 431 and we can confirm whether we can provide cover. Remember, caravan insurance covers you for more than just the caravan itself. References P. van der Putten and M. van Someren (eds). - Senior, family men (5, 6). There are 2,000 questions and 3,308 answers in the test set. to use Codespaces. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. MedicoReach recommends using the data for Marketing, Lead Generation, B2B Marketing, Direct Marketing, and B2B Lead Retargeting. Therefore, models constructed using this data set may not be the best predictor for positive cases. 2.1. https://github.com/google/eng-edu/blob/main/ml/cc/exercises/linear_regression_with_a_real_dataset.ipynb Having said that, I have developed analysis that compares overall costs for all eighteen models for classification cutoff values ranging from 0 to 1. The caravan of migrants hoping to gain entry into the United States has been the subject of much controversy in recent days. Caravan insurance data mining statistical analysis, Product Planning Manager, Oncology & Hospital Specialty Care Marketing at MSD. In the previous post, we talked about using several feature selection methods like forward/backward stepwise selection and lasso regularisation to. This is a useful insight for cross-selling the caravan policy to the existing customers of car policies and fire policies. The data was supplied by the Dutch data mining company Sentient Machine Research and is based on a real world business problem. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. A global community dataset for large-sample hydrology. Dataset contains monthly counts, from 1971 to present, of initial claims for regular unemployment insurance benefits. The complete dataset has 9822 rows and 86 column headings. The cost of a tracking device may seem too high if your caravan is several years old, but adding additional security is still beneficial. See "How to contribute" for more details about how to contribute to the Caravan project. For more information on customizing the embed code, read Embedding Snippets. Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). The Code Project Open License (CPOL) 1.02. They'll usually only cover you if you use your caravan for social, domestic or private purposes. Firstly, the Health Cost Insurance dataset is extracted from UCI machine repository and the data is preprocessed along with exploratory data analysis. See http://www.liacs.nl/~putten/library/cc2000/ Variable 86 (<code>Purchase</code>) indicates whether the customer . It may be obtained from: https://www.kaggle.com/uciml/caravan-insurance-challenge It contains information on customers of an insurance company. Hence, I have created different situation based recommendations associated with different sensitivity and PPV tradeoff values. There are a lot of factors that determine the premium of health insurance. DATA PREPARATION: The . Questions or concerns about copyrights can be addressed using the contact form. This will load the data into a variable called Caravan. A test dataset contains another 4000 customers whose information will be used to test the effectiveness of the machine learning models. representing the socio demographic, education, insurance interests and income levels of customers. If youve had previous experience towing a caravan or trailer tent, your insurance company may offer an introductory bonus discount off your premium when you take out cover. The training set contains over 5000 descriptions of customers, including the information of whether or not they have a caravan insurance policy. James, G., Witten, D., Hastie, T., and Tibshirani, R. (2013) Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) to find out more. Machine Learning, October 2004, vol. Most caravan insurance companies will require some form of minimum security. Our main vision with Caravan is that this dataset will grow over time. Variable 86 (Purchase) indicates whether the customer purchased a caravan insurance policy. All customers living in areas with the same zip code have the same sociodemographic attributes. P. van der Putten and M. van Someren (eds) . 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.

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