Auto Insurance Pricing Using Telematics Data: Application of a Hidden Markov Model

IF 1.4 Q3 BUSINESS, FINANCE North American Actuarial Journal Pub Date : 2024-02-02 DOI:10.1080/10920277.2023.2285977
Qiao Jiang, Tianxiang Shi
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Abstract

This study develops a hidden Markov model (HMM)-based clustering framework to predict auto insurance losses using driving characteristics extracted from telematics data. Through a simulation experi...
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利用远程信息处理数据进行汽车保险定价:隐马尔可夫模型的应用
本研究开发了一种基于隐马尔可夫模型(HMM)的聚类框架,利用从远程信息处理数据中提取的驾驶特征来预测汽车保险损失。通过模拟实验...
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CiteScore
2.80
自引率
14.30%
发文量
38
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