The growing trend in the number and severity of auto insurance claims creates a needfor new methods to efficiently … study considers how automotive insurance providers incorporate machinery learning intheir company, and explores how ML … models can apply to insurance big data. We utilize various MLmethods, such as logistic regression, XGBoost, random forest …

The use of personalization mechanisms should allow the insurance distributor to reduce exploration costs and adjust the … offered insurance product to the needs, features, and situation of each individual client. This study seeks to examine how … liability should be allocated when the process of the personalization of an insurance product does not result in the client …

variables directly related to the insurance product (e.g., a regulatory restriction of insurance acquisition costs) as well as … importance of insurance distribution in banks. Significant risk factors (statistically significant) which determine gross … cooperation between banks and insurers as well as the specificity of insurance products distribution (also local) in the …

The drivers of financial success of the insurance industry are of interest to several players in any economy including …; most of which look at narrow elements that determine insurance companies' performance. This article sought to explore the … components contributing to the financial performance of insurance firms. We employed a sample consisting of 37 general insurers …

Purpose: This study on corporate demand for general takāful (Islamic insurance) aims to identify potential growth areas …' protection needs, takāful/insurance coverage obtained and awareness on takāful/insurance was conducted for this paper. Findings … sector, as the majority of respondents indicated willingness to spend on takāful/insurance. Emphasis on takāful value …

(GST) on tabarruʿ-based takāful (donation-based Islamic insurance) products in Malaysia. The paper aims to do so by …-based takāful with its imposition on conventional insurance while probing into the Sharīʿah texts and opinions of classical and …

Insurance companies issue guarantees that need to be valued according to the market expectations. By calibrating option … values of these guarantees. Next to that, new regulations require insurance companies to value their positions on a one …

their risk portfolios? This paper addresses these questions for auto insurance, particularly how the self-assessment of one … insurance increases sharing. Women and younger people are more willing to share information. On the other hand, customers are … less willing to disclose, to insurers, information not traditionally associated with insurance. The self-assessment of …

Using real-time customer data holds great potential for the insurance industry. The frequency and relevance of … aims at understanding the potential path of the development of services in insurance and the challenges faced by insurers … retail customers. We find that customers have high trust in insurance companies and are open to purchasing additional …