The accuracy of our model using testing dataset is 79.7% in which it's sensitivity was 81.74% and specificity 47.48%. http://www.liacs.nl/~putten/library/cc2000/ For details on the references, see the information included in the licenses folder of the Caravan dataset, If you have any questions/feedback regarding the Caravan dataset/project, please contact Frederik Kratzert kratzert(at)google.com. Do not sell or share my personal information, 1. Caravan includes meteorological forcing data . 177-195, Kluwer Academic Publishers and was used in the CoIL Challenge 2000. Updated 3 years ago. How to reimage your computer in windows 7/8/10? This commit does not belong to any branch on this repository, and may belong to a fork outside of the repository. 2023 Caravan Insurance Guide is a trading name of Caravan Guard Limited (registered in England number 4036555 at New Road, Halifax, West Yorkshire, HX1 2JZ). looking for misconfigured or infected devices. Health Insurance is a type of insurance that covers medical expenses. Research, Amsterdam. Variable 86 (Purchase) indicates whether the customer purchased a caravan insurance policy. This dataset is owned and supplied by the Dutch datamining company Sentient Machine Research, and is based on real world business data. Toggle navigation. - Distributed age and social class, low risk cultured conservative investors data is derived from zip codes. See http://www.liacs.nl/~putten/library/cc2000/ Are you sure you want to create this branch? Caravan Insurance Challenge Data Card Code (40) Discussion (2) About Dataset This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. Please One aspect of this is applying a customer lifetime value to each client. There are 2,000 questions and 3,308 answers in the test set. based on family status and age. Most caravan insurance companies will require some form of minimum security. Storing your caravan in a sensible place will also give you peace of mind as well as possible discounts off your annual caravan insurance. initial claims claims insurance unemployment economic development. This indicates that models that might have low accuracy but with low overall costs are selected over models with high accuracy but high overall costs. that is required to extend Caravan to any new location for free in the cloud. In 2018, the Census Bureau fielded a Split-Panel test of the Current Population Survey Annual Social and Economic Supplement (CPS ASEC) to fulfill budgetary requirements for the 2087 fiscal year. A tag already exists with the provided branch name. P. van der Putten and M. van Someren (eds) . June 22, 2000. I attempt to answer this question by my fast part of the analysis. The PPV and sensitivity for all my models are compared in a graph in the jupyter notebook and since there is no clear winning model in terms of both, sensitivity and PPV, I recommend two different strategies based on the selected tradeoff between PPV and sensitivity. You can load the Caravan data set in R by issuing the following command at the console data("Caravan"). To achieve reliable data results, start by balancing data correctly based on a specific business objective before training a predictive model. 1-2, pp. The sociodemographic data is derived from zip codes. The data contained a range of information on customers, which included income, age range, vehicle ownership, number of policies held, and level of contributions (premiums) paid as well as more qualitative information on lifestyle and type of households. Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. Also a Leiden Institute of Advanced Computer An Introduction to Statistical Learning with applications in R, If R says the Caravan data set is not found, you can try installing the package by issuing this command install.packages("ISLR") and then attempt to reload the data. This is something that should be kept in mind and taken care of when using this rule. This will load the data into a variable called Caravan. Secondly, the anova test is applied to verify the features with Probability of F-Statistic PR(>F) < 0.05 that highly influence the Target. However, caravan insurance neednt be costly. June 22, 2000. Since, this dataset was used for the purposes of a challenge, I obtained the data in the form of training data and test data, which is why, there was no need to split the data for my analysis. To access comparethemarket.com please complete the security check to prove you arehuman. MedicoReach recommends using the data for Marketing, Lead Generation, B2B Marketing, Direct Marketing, and B2B Lead Retargeting. Participants are supposed to return the list of predicted targets only. Questions or concerns about copyrights can be addressed using the contact form. Follow this guide for more information on how to share your data with the community. Due to large number of features, it is infeasible to show the data dictionary or a data sample in this document, however, the data dictionary can be obtained from - http://kdd.ics.uci.edu/databases/tic/dictionary.txt and the complete dataset can be obtained from - http://kdd.ics.uci.edu/databases/tic/tic.html. CaSSOA is a scheme that grades storage sites as Gold, Silver and Bronze quality so look out for gold sites to give the best insurance discounts. These results can be observed in my jupyter notebook. INTRODUCTION: Each record consists of 86 variables, containing sociodemographic data (variables 1-43) and product ownership (variables 44-86). Still not convinced? Here, i'll take installation disc as an example and show you how to reimage a computer in windows 10/8/7, because this method is. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. You might need to make adjustments . Since, this dataset was used for the purposes of a challenge, I obtained the data in the form of training data and test data, which is why, there was no need to split the data for my analysis. P. van der Putten and M. van Someren (eds) . Data for an Introduction to Statistical Learning with Applications in R, ISLR: Data for an Introduction to Statistical Learning with Applications in R. Springer-Verlag, New York. CoIL Challenge 2000: The Insurance Company Case. Get smarter at building your thing. We are building the next-gen data science ecosystem https://www.analyticsvidhya.com, Data Analytics | Artificial Intelligence | Data Visualization | Perspective | https://www.linkedin.com/in/tankahwang/. Note: All the variables starting with M are zipcode variables. Statistical Analysis of Caravan Insurance using IBM SPSS Average age MGEMLEEF holds 6 types of values which can be categorised into three groups and are You can load the Caravandata set in R by issuing the following command at the console data("Caravan"). For taking advantage of different classification algorithms and improving performance measures of my classification, I used multiple classification algorithms including Logistic Regression, K-NN classification and Nave Bayes Classification. Rented house, in the zipcode area of the customer. sign in All customers living in areas with the same zip code have the same sociodemographic attributes. Safety sign in The UCI KDD Archive of Large Data Sets for Data Mining Research and Experimentation. understanding of the insurance product and the product buyers. 10636682. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Attribute 86, "CARAVAN:Number of mobile home policies", is the target variable. North Penn Networks Limited Tracking devices offer a huge discount up to 20% from some insurers as they provide an unbeatable deterrent for potential thieves as well as being extremely effective at returning your caravan to you swiftly if it does get stolen. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. Answer: I'm not quite sure what you mean by "open datasets" but I would start with calling the major organizations that gather and disburse insurance statistical information. Postprocess the Earth Engine outputs locally and to combine it with streamflow, as well as to compute some additional climate indices. [Web Link]. The Caravan Insurance Challenge was posted on Kaggle with the aim in helping the marketing team of the insurance company to develop a more effective marketing strategy. CS Department, AI Unit Dortmund University. In 2000, a Europe insurance company that offered various insurance services including life, auto, boat insurances to a large customer faced this challenge of cross-selling where the companys newest service Caravan insurance policy turned to be disappointing in terms of sales. Security Also a Leiden Institute of Advanced Computer Science Technical Report 2000-09. 177-195, Kluwer Academic Publishers Participants are supposed to return the list of predicted targets only. Many Git commands accept both tag and branch names, so creating this branch may cause unexpected behavior. Dataset with 16 projects 1 file 1 table. The Caravan dataset (and the corresponding manuscript) are currently under revisions. It is explicitly not allowed to use this dataset for commercial education or demonstration purposes. We extract and analyze the raw variables with labels and try to categorize the variables based on the Of course, accidents happen and they can be costly, so making a claim may be your only option, but its well worth taking extra care to ensure accidents dont happen in the first place. 164-167). Caravan policies should cover you for things like fire, theft, accidental damage and weather damage. All customers living in areas with the same zip code have the same sociodemographic attributes. The unique Ray ID for this page is: 7a27d02e1dc5c268. TICEVAL2000.txt: Dataset for predictions (4000 customer records). The code provided in this dataset can be used to: The generated output is already in a folder structure that can be easily integrated into the existing dataset. Estimates on this page are derived from the Household Pulse Survey and show the percentage of adults aged 18-64 years who were uninsured at the time of the interview or had public or private . Machine Learning. If you are at an office or shared network, you can ask the network administrator to run a scan across the network Published by Sentient Machine See infected with a virus or malware. A caravan insurance policy could cover you for the following: If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not Boat Rental Cleveland Flats : Cleveland Flats Then Now Is It Finally Smooth Sailing On The East Bank Collision Bend Brewing Company - / search boat rentals in cleveland, ohio. Australian Caravan Insurance is a trading brand of . ANALYZING AND CATEGORIZING THE VARIABLES: Use Git or checkout with SVN using the web URL. Source However, numerous efforts and solutions are already in place for answering this question, I tend to focus more on my second part of the analysis, which is devising a go to market strategy. The training set contains over 5000 descriptions of customers, including the information of whether or not they have a caravan insurance policy. Variable 86 (<code>Purchase</code>) indicates whether the customer . Once insured you will be able to build your caravanning no claims bonus and thus discount this could get you up to 20% off a quote for three years claim free caravanning. Clipping is a handy way to collect important slides you want to go back to later. P. van der Putten and M. van Someren. . This repository is part of the Caravan project/dataset. Pros and cons. I don't have enough time write it by myself. Specialist caravan insurance can also come . The company wants to spend 10% per unit of revenue to cross selling (marketing plus penetration pricing) and achieve maximum profit by balancing cost and target numbers. A couple of those organizations include: * Insurance Information Institute * National Association of Insurance Commiss. This data set includes 85 predictors that measure demographic characteristics for 5,822 individuals. SIGKDD Explorations, 2. James, G., Witten, D., Hastie, T., and Tibshirani, R. (2013) This is usually a hitchlock and a wheel clamp. 95. You are allowed to use this dataset and accompanying information for non commercial research and education purposes only. DATA PREPARATION: There are two go to marketing strategies that COIL can use. STATISTICAL ANALYSIS Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Learn more. The SlideShare family just got bigger. Stay claim free Our Products. Activate your 30 day free trialto continue reading. We've updated our privacy policy. The data contains 5822 real customer records. The last column (Purchase) indicates whether the customer purchased a caravan insurance policy. Therefore, models constructed using this data set may not be the best predictor for positive cases. A Simple Method For Estimating Conditional Probabilities For SVMs. All Rights Reserved,
, http://www.liacs.nl/~putten/library/cc2000/data.html, http://www.liacs.nl/~putten/library/cc2000/, OpenIntro Statistics Dataset - winery_cars. You signed in with another tab or window. Other variables are mainly sociodemographic data and product ownership and for simplicity, we treat them as numerical data. We've seen all sorts of makes, models, designs and modifications over the years. For my later part of the analysis, I used the aforementioned classification models to devise an optimal go to market strategy depending on. The second is where the company markets to a wider consumer base with a lower penetration pricing relying to law of large numbers. For my first part of the analysis, I used Data Visualization and Association Rules to understand the characteristics of caravan mobile home insurance buyers. Additionally, Caravan provides code to derive meteorological forcing data and catchment attributes in the cloud, making it easy for anyone to extend Caravan to new catchments. You are allowed to use this dataset and accompanying information for non commercial research and education purposes only. A test set contains 4000 customers of whom only the organisers know if they have a caravan insurance policy. The training set contains over 5000 descriptions of customers, including the information of whether they have a caravan insurance policy. (1,6,7,10,11,14,16,17,18,19,20,21,22,24,26,28,29,30,31,32,33,34,35,37,38,39,40,41) Usage This analysis can be observed in the uploaded notebook. Exploratory Data Analysis (EDA) solution to Kaggle caravan insurance challenge on R | by Kieran Tan Kah Wang | Analytics Vidhya | Medium Write Sign up Sign In 500 Apologies, but something. A data frame with 5822 observations on 86 variables. The data was generously contributed by one global reinsurance companyand two large Lloyd's syndicates in London. Each record All datasets are in tab delimited format. They give information on the distribution of that variable, e.g. The dataset used is from the CoIL Challenge 2000 datamining competition. i.e., what go to market strategies could be used in order to maximize profits. Registered Office: Pegasus House, Bakewell Road, Orton Southgate, Peterborough, PE2 6YS. So if you want to learn how we can . 2.1. The marketing department of the company knew that taking advantage of the existing customer base would improve their new insurances sale, however, the biggest question is whom to target, among the companys thousands of customers. The data consists of 86 variables and includes product usage data and socio-demographic data, Original Owner and Donor:
Peter van der Putten
Sentient Machine Research
Baarsjesweg 224
1058 AA Amsterdam
The Netherlands
+31 20 6186927
pvdputten '@' hotmail.com, putten '@' liacs.nl
TIC Benchmark Homepage: http://www.liacs.nl/~putten/library/cc2000/. Club membership CoIL Challenge Caravan Insurance Dataset Description - Coachman 565 Touring Caravan in Stirlingshire (#106144 ) - Caravan insurance data mining assignmentk6225 knowledge discovery and data mining by, sesagiri raamkumar aravind(g1101761f) thangavelu muthu kumaar(g1101765e) page 1 of 11.. Lv= caravan insurance could offer you a 10% discount if you're an . CoIL Challenge 2000: The Insurance Company Case. Having said that, I have developed analysis that compares overall costs for all eighteen models for classification cutoff values ranging from 0 to 1. One of techniques used to handle this unbalance was to under sample the number of non-success class observations in the training dataset, while another approach to solving this problem was to over sample the number of success class observations in the training dataset. The size of this file is about 1,024,817 bytes. The training set contains over 5000 descriptions of customers, including the information of whether or not they have a caravan insurance policy. The data was originally supplied by Sentient Machine Research Now, I have calculated the profits associated with each of my models for classification cutoff values ranging from 0 to 1. To get an understanding of the features and data types associated with these features, I have included summary of the dataset and sample of the dataset in my Jupyter notebook document. Looks like youve clipped this slide to already. Dataset imported from https://www.r-project.org. Caravan is an open community dataset of meteorological forcing data, catchment attributes, and discharge data for catchments around the world. Users analyze, extract, customize and publish statistics. The goal is to apply KNN to the Caravan dataset from the ISLR package. We all want to keep costs low, especially in todays economic climate, and it might be tempting to let your caravan insurance lapse. If youre looking to reduce the cost of your caravan insurance year after year, the easiest way to do this is to fit extra security to your caravan. The six classification models built on the unbalanced data tend to give a very high accuracy due to classifying almost all non-success class observations correct (which is the majority 95%), however, the unbalanced nature of this dataset does not allow any of these models to learn the characteristics of the success class observations. "-//W3C//DTD HTML 4.01 Transitional//EN\">, Insurance Company Benchmark (COIL 2000) Data Set TICEVAL2000.txt: Dataset for predictions (4000 customer records). Please The cost of a tracking device may seem too high if your caravan is several years old, but adding additional security is still beneficial. The caravan of migrants hoping to gain entry into the United States has been the subject of much controversy in recent days. Devices such as the AL-KO ATC or BPW IDC offer extra stability when towing and breaking, meaning youre less likely to experience snaking which can lead to a catastrophic and costly accident. This paper introduces a dataset called Caravan (a series of CAMELS) that standardizes and aggregates seven existing large-sample hydrology datasets. product usage data and socio-demographic data derived from zip area codes supplied by the Dutch For my first part of the analysis, the initial data visualizations indicate that the buyers of caravan mobile home insurance policies also tend to buy car policies and fire policies. United States, 2020 North Penn Networks Limited. CUST_LEVEL_LIFECYCLE: If you can store your caravan at home, make sure its behind locked gates or a drivepost that prevent thieves from towing the caravan away. Additional security and safe storage are great for when your caravan is not is use but what about when youre towing your caravan? North Wales PA 19454 Bianca Zadrozny and Charles Elkan. Variable 86 A simple alarm, for example, can save you 5% off your premium. Hence, I have created different situation based recommendations associated with different sensitivity and PPV tradeoff values. All customers living in areas with the same zip code have the same sociodemographic attributes. A tag already exists with the provided branch name. 2. Published by Sentient Machine Research, Amsterdam. Further information on the individual variables can Work fast with our official CLI. Fig 3: Derived Variables 3.8 Balancing the training data It has been noticed that the training dataset is not highly representative of positive cases i.e.CARAVAN=1. After under sampling the number of non-success class observations in the training dataset, I re-ran my six classification models and noticed an overall improvement in the performance measures associated with correctly identifying the success class observations. It has the same format as TICDATA2000.txt, only the target is missing. Data Analytics | Artificial Intelligence | Data Visualization | Perspective | https://www.linkedin.com/in/tankahwang/. (Purchase) indicates whether the customer purchased a caravan So, for example, if your air conditioning motor breaks down, the insurance covers repair costs. The data contains 5822 real customer records. The first 43 attributes are demographic and social data, whereas, the remaining 43 variables are insurance product usage related data which indicate customers of the companys existing policies such as fire, boat, life, etc. Great reasons to choose QBE Comprehensive Caravan Insurance. As per the current situation the company has to approach all 4000 customers with the policy. A discount on your premium will be applied when you advise us that you won't be using your vehicle during specific months. In the previous post, we talked about using several feature selection methods like forward/backward stepwise selection and lasso regularisation to. This dataset is not set up as individual customer observations and each row represents a group of customers i.e., a large sample size. Download: Data Folder, Data Set Description, Abstract: This data set used in the CoIL 2000 Challenge contains information on customers of an insurance company. Out of a total of 238 actual mobile home policy customers, our model . The training data has 5893 observations, whereas, the test data consists of the remaining 3929 observations. There are 12,889 questions and 21,325 answers in the training set. Games, G., Witten, D., Hastie, T., and Tibshirani, R. (2013) An Introduction to Statistical Learning with applications in R, www.StatLearning.com, Springer-Verlag, New York. KDD. It may be obtained from: https://www.kaggle.com/uciml/caravan-insurance-challenge It contains information on customers of an insurance company. The data consists of 86 variables and includes product usage data and socio-demographic data derived from zip area codes. Considering the nature of decisions made on this data, I can maximize profit by recommending one of the two market strategies. Recitation of Public and Private Sector General Insurance Industry in Structu Vivekanandha College of arts and Science for Women (Autonomous). - Senior, family men (5, 6). Datasets are usually for public use, with all personally identifiable information removed to ensure confidentiality. Analytics Vidhya is a community of Analytics and Data Science professionals. We all know that making a claim on our insurance can result in our premium going up at renewal, so if you can keep yourself claim free on your caravan insurance, you wont see an additional charge imposed by your insurance company. See "How to contribute" for more details about how to contribute to the Caravan project. We combined the training and test dataset for my initial data exploration and visualization, however, for fitting my models, I used the given training data and evaluated the performance measures on the given test data. Photography Insurance; Camera Insurance . Machine Learning, October 2004, vol. cross-sellingCaravanInsuranceUsingDataMining, http://kdd.ics.uci.edu/databases/tic/dictionary.txt, http://kdd.ics.uci.edu/databases/tic/tic.html. Insurance companies recognise that caravan owners who join these clubs are generally more interested in looking after their caravan, and take caravan safety more seriously, so as a member you could get up to 10% with some insurers! A test dataset contains another 4000 customers whose information will be used to test the effectiveness of the machine learning models. If they approach all the customers they have to divide the marketing budget between of them, effectively reducing the discounts they can offer to individual customers leading to lower conversion rate. Using this analysis, I suggest situation based models to apply based on their costs and different go to market strategies. Please enable Cookies and reload the page. Lay-up cover. [View Context]. Storage TICTGTS2000.txt Targets for the evaluation set. Insurance datasets - risk assessment & location data for accurate pricing Data Guide Insurance Data Guide > industry > Insurance Back Insurance Write profitable business with the most accurate location data for insurance Detect risk that others miss Pinpoint pockets of opportunity and better understand risk Provide accurate and competitive pricing