The company wants to spend 10% per unit of revenue to cross selling (marketing plus penetration pricing) and achieve maximum profit by balancing cost and target numbers. 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. 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. North Wales PA 19454 We've updated our privacy policy. Attribute 86, "CARAVAN:Number of mobile home policies", is the target variable. Participants are supposed to return the list of predicted targets only. Photography Insurance; Camera Insurance . Pros and cons. Caravan Insurance | Quote & Buy Online | Towergate - Young, family starters (1) 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! - Middle and Upper Class, middle aged and senior citizens, high risk cultured liberal investors (8, 9, There are 60 insurance datasets available on data.world. Out of the 86 attributes, two are categorical, 83 are numerical and one is the class/target variable (Caravan Insurance Purchased). This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository. A Bias-Variance Analysis of a Real World Learning Problem: The CoIL Challenge 2000. 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! On this R-data statistics page, you will find information about the Caravan data set which pertains to The Insurance Company (TIC) Benchmark. Still not convinced? (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) P. van der Putten and M. van Someren (eds) . 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. InsuranceQA is a question answering dataset for the insurance domain, the data stemming from the website Insurance Library. The sociodemographic October 26, 2021. It has the same format as TICDATA2000.txt, only the target is missing. This will load the data into a variable called Caravan. sign in TICEVAL2000.txt: Dataset for predictions (4000 customer records). and was used in the CoIL Challenge 2000. Therefore, the high accuracy of these models is of limited use as they do not help in classifying success class observations correctly, which is my main objective. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Postprocess the Earth Engine outputs locally and to combine it with streamflow, as well as to compute some additional climate indices. Other variables are mainly sociodemographic data and product ownership and for simplicity, we treat them as numerical data. Science Technical Report 2000-09. June 22, 2000. Our aim is to predict a customer circle who will be Binary Classification Model for Caravan Insurance Marketing Using R This visualization can be observed in the notebook and I see that my model logistic regression on the unbalanced dataset turns out to be the most profitable model out of the all 18 models at an optimal cutoff value. Using this analysis, I suggest situation based models to apply based on their costs and different go to market strategies. Note that the confidence of this rule is 1, however, given the unbalanced nature of this dataset, the best support I could obtain was around 0.0012. "-//W3C//DTD HTML 4.01 Transitional//EN\">, Insurance Company Benchmark (COIL 2000) Data Set Storage Note: All the variables starting with M are zipcode variables. Health Insurance Datasets - Census.gov Modeling on Unbalanced Data: Caravan Insurance - Gust.dev consists of 86 variables, containing sociodemographic data (variables R documentation and datasets were obtained from the R Project and are GPL-licensed. Predicting Customer Churn for Insurance Data - ResearchGate consists of 86 variables, containing sociodemographic data (variables 2018. 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. - Senior, family men (5, 6). 2000. data is derived from zip codes. This is something that should be kept in mind and taken care of when using this rule. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. What Is Insurance for a Caravan? Everything You Need to Know Caravan insurance guide | Finder NZ It is further divided into a training set (5822 observations) and a test set (4000 observations). It appears that you have an ad-blocker running. [Web Link], [1] Papers were automatically harvested and associated with this data set, in collaboration Now, I calculated the highest profit for each of my 18 models depending on the optimal cutoff for that mode. caravan <- as_tibble(ISLR::Caravan) %>% print() Insurance Company Benchmark (COIL 2000) | Social Sciences Dataset The datasets below may include statistics, graphs, maps, microdata, printed reports, and results in other forms. Also a Leiden Institute of Advanced Computer Here is how you do it. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. Work fast with our official CLI. The Caravan data set is found in the ISLR R package. Besides the basics, you can opt for policy add-ons like personal possessions cover and camping equipment cover to upgrade your policy. The meaning of the attributes and attribute values is given below. You are allowed to use this dataset and accompanying information for non commercial research and education purposes only. 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. Average age MGEMLEEF holds 6 types of values which can be categorised into three groups and are Free access to premium services like Tuneln, Mubi and more. Great reasons to choose QBE Comprehensive Caravan Insurance. 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. The training set contains over 5000 descriptions of customers, including the information of whether they have a caravan insurance policy. The dataset used is from the CoIL Challenge 2000 datamining competition. June 22, 2000. The results from these allowed us to state the relationship between Examples, The data contains 5822 real customer records. Caravan Insurance | Feefo Platinum Award 2022 - Eversure Healthcare Insurance Data | Healthcare Insurance Dataset - Datarade See "How to contribute" for more details about how to contribute to the Caravan project. Why not get a cheap caravan insurance quote today and see how much you can save by following our advice? looking for misconfigured or infected devices. It has the same format as TICDATA2000.txt, only the target is missing. You can read the details below. 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 . Insurance datasets - risk assessment & location data for - Precisely 164-167). An Introduction to Statistical Learning with applications in R, Test your data mining algorithm to predict who will buy caravan insurance policy The Insurance Company (TIC) Benchmark Data Card Code (6) Discussion (0) About Dataset This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. The size of this file is about 1,024,817 bytes. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. There are 2,000 questions and 3,308 answers in the test set. variables to significant predictors as below cross-sellingCaravanInsuranceUsingDataMining, http://kdd.ics.uci.edu/databases/tic/dictionary.txt, http://kdd.ics.uci.edu/databases/tic/tic.html. Read the Product Disclosure Statement (PDS) and Target Market Determination (TMD) to find out more. Download: Data Folder, Data Set Description, Abstract: This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. The Insurance Company (TIC) Benchmark Description The data contains 5822 real customer records. The UCI KDD Archive of Large Data Sets for Data Mining Research and Experimentation. 12, 13, 23, 25, 36, 2, 3, 4, 5, 15, and 27) Bianca Zadrozny and Charles Elkan. Exploratory Data Analysis (EDA) solution to Kaggle caravan insurance challenge on R | by Kieran Tan Kah Wang | Analytics Vidhya | Medium Write Sign up Sign In 500 Apologies, but something. 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 Springer-Verlag, New York. Clipping is a handy way to collect important slides you want to go back to later. Further information on the individual variables can 2018 CPS ASEC Split-Panel Test - Census.gov same zip code have the same sociodemographic attributes. as follows KDD. 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. DATA PREPARATION: Datasets are usually for public use, with all personally identifiable information removed to ensure confidentiality. 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. The corresponding data visualizations can be observed in the uploaded jupyter notebook. We all know that making a claim on our insurance can result in our premium going up at renewal . It may be obtained from: https://www.kaggle.com/uciml/caravan-insurance-challenge It contains information on customers of an insurance company. OpenIntro documentation is Creative Commons BY-SA 3.0 licensed. Format You are allowed to use this dataset and accompanying information for non commercial research and education purposes only. Do not sell or share my personal information, 1. The Code Project Open License (CPOL) 1.02. Machine Learning, October 2004, vol. 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. P. van der Putten and M. van Someren. Please The sociodemographic data is derived from zip codes. Muthu Kumaar Thangavelu (G1101765E) 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.
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