Research on the Applications of Data Mining in the Analysis of Vehicle Insurance Industry

Abstract

With the improvement of information system of the insurance industry, the insurance company has accumulated a large number of vehicle insurance data. How to use these vast amounts of data resources more efficiently has become an urgent problem for the insurance industry to be solved, and data mining technology can solve the above problems. In this paper, decision tree algorithm is used for auto insurance business data mining and analysis, build a customer risk analysis model, which effectively reduces the risk of underwriting insurance companies.