Honors Program

 

Date of this Version

Spring 5-13-2024

Document Type

Thesis

Citation

Weyers, C. Building a Data Pipeline and Machine Learning Model for Insurance Data. Undergraduate Honors Thesis, University of Nebraska-Lincoln, May 2024.

Comments

Copyright Connor Weyers 2024

Abstract

Insurance telematics is an emerging and exciting field. It combines the advancements in GPS tracking, computational analytics, data processing, and machine learning into a useful tool to help insurance companies make the best product for their consumers. This is why National Indemnity looked to implement a telematics portion to their business processes of underwriting insurance policies and sponsored a School of Computing Senior Design project. In this report, we will first review existing solutions that been used to solve problems and subproblems similar to that we are given in this project. We then propose designs for the data pipeline and machine learning model that will optimal in providing predictions on the risk level of drivers. National Indemnity will be able to use this project to leverage predictions in order to optimize insurance rates to more accurately account for risk among the insured.

Share

COinS