SYSTEM AND METHOD FOR MACHINE LEARNING MODELING AND ESTIMATION OF LOSS
Techniques including a system and method for analyzing insurance claims. The techniques may involve the use of a system. The system may include a plurality of machine learning models trained on a plurality of insurance loss claim records, the plurality of machine learning models comprising: at least...
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| creator | Findlater, Alexander Douglas Bien, Brian Theodore |
| description | Techniques including a system and method for analyzing insurance claims. The techniques may involve the use of a system. The system may include a plurality of machine learning models trained on a plurality of insurance loss claim records, the plurality of machine learning models comprising: at least one machine learning model trained on open claims records; and at least one machine learning model trained on closed claims records. The system may include a component configured to predict a loss for a subject insurance claim based on outputs of the at least one machine learning model trained on open claims records and the at least one machine learning model trained on closed claims records. |
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| subjects | CALCULATING COMPUTER SYSTEMS BASED ON SPECIFIC COMPUTATIONAL MODELS COMPUTING COUNTING DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES PHYSICS SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR |
| title | SYSTEM AND METHOD FOR MACHINE LEARNING MODELING AND ESTIMATION OF LOSS |
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