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How Insurance Companies Use Data To Measure Risk And Choose Rates

Smart Data Collective

Here is the type of data insurance companies use to measure a client’s potential risk and determine rates. For instance, the 2000 Honda Civic is the most stolen car in America and the Mitsubishi Mirage (in the 2013-2017 model range) has the most fatal crashes. Demographics. This includes: Age. Type of Vehicle. Telematics.

Insurance 137
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Sweat the small stuff: Data protection in the age of AI

CIO Business Intelligence

the early days of AI deployment, there was no well-known incident equivalent to the 2013 Target breach that represented how an attack might play out. as AI adoption and risk increases, its time to understand why sweating the small and not-so-small stuff matters and where we go from here. One is the monitoring of employees AI use.

Risk 105
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Why you should care about debugging machine learning models

O'Reilly on Data

Residuals are a numeric measurement of model errors, essentially the difference between the model’s prediction and the known true outcome. For all the excitement about machine learning (ML), there are serious impediments to its widespread adoption. Not least is the broadening realization that ML models can fail. Residual analysis.

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14 essential book recommendations by and for IT leaders

CIO Business Intelligence

In The Phoenix Project: A Novel About IT, DevOps, and Helping Your Business Win (IT Revolution Press, 2013 ) , Bill — an IT manager — takes over a critical project that’s over budget and behind schedule. CTO and co-founder of Digibee. It gives the fundamental patterns for achieving fast flow,” he says. “By

IT 130
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Using DataOps to Drive Agility and Business Value

DataKitchen

If you were buying a piece of furniture via any channel, you expect that piece of furniture to show up at your house in really good shape. You expect it to work. You expect it not to be marred, etc. You want a quality piece of furniture to show up in your home, the first time, and only once. That doesn’t happen that often in terms of data.

Metrics 211
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How Vulnerable Are Supply Chains to Hacking?

Smart Data Collective

The more people there are, the more vulnerable a network will be if it hasn’t taken appropriate measures to protect itself. One of the first high-profile incidents of this occurring happened to Target in 2013. Lurking on the first page of your favorite search engine. In your email inbox. It happened to Marriot. It happened to Yahoo.

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YouTube Marketing And Analytics: A Primer For Magnificent Success

Occam's Razor

According to Nielsen, YouTube reaches more US adults ages 18-34 than any cable network as of mid-2013. As of March 2013, one billion, (B!), One more thing to ponder… One hundred hours of video is uploaded into YouTube every single minute, as of May 2013. YouTube Marketing and Analytics Framework for Success.

Marketing 151