Machine Learning for Insurance: Predict Claim & Assess Risk


Predict insurance claim amount, build insurance risk assessment model, and detect claim fraud with machine learning

What you will learn


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Learn about machine learning applications in insurance and its technical limitations

Learn how to predict insurance claim amount using XGBoost

Learn how to build insurance risk assessment model using Logistic Regression

Learn how to detect insurance claim fraud using Support Vector Machine

Learn how to predict insurance claim amount using LightGBM

Learn how to build insurance risk assessment model using Random Forest Classifier

Learn how to detect insurance claim fraud using K Nearest Neighbor

Learn how to test machine learning model using synthetic data

Learn how to handle class imbalance using Synthetic Minority Oversampling Technique

Learn how to conduct feature importance analysis using Random Forest Regressor

Learn how to analyze relationship between age, gender, and insurance claim amount

Learn how to find correlation between body mass index and blood pressure with insurance claim amount

Learn how to find correlation between smoking status and insurance claim amount

Learn how insurance risk assessment models work. This section covers data preprocessing, feature selection, train test split, model training, and assessing risk

Learn how to clean dataset by removing missing values and duplicates

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