Comet Calendar
Statistics Seminar by Himchan Jeong (Simon Fraser University)
Friday, October 6, 2023 11am to 12pm
Sciences Building (SCI), 2.230
Stream Available
Event Details
Integration of Traditional and Telematics Data for Efficient Insurance Claims Prediction
While driver telematics has gained attention for risk classification in auto insurance, scarcity of observations with telematics features has been problematic, which could be owing to either privacy concern or favorable selection compared to the data points with traditional features. To handle this issue, we propose a data integration technique based on calibration weights. It is shown that the proposed technique can efficiently integrate the so-called traditional data and telematics data and also cope with possible adverse selection issues on the availability of telematics data. Our findings are supported by a simulation study and empirical analysis in a synthetic telematics dataset.
Location
Sciences Building (SCI), 2.230
800 W. Campbell Road, Richardson, Texas 75080-3021
Department
- Natural Sciences & Mathematics
Contact Information
- Yunan Wu
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