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Insurance Claims Modeling With GLM: A Modern Approach

Dataiku

The estimated risk of an insurance policy is the minimum price an insurer should quote to be breakeven, therefore evaluating this risk with precision and confidence is the foundation of a robust quoting system. For decades, actuaries have used statistical models to predict the risk of losses or damages to calculate an insurance price.

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What Is Embedded Analytics?

Jet Global

These licensing terms are critical: Perpetual license vs subscription: Subscription is a pay-as-you-go model that provides flexibility as you evaluate a vendor. Pricing model: The pricing scale is dependent on several factors. It is organized to create a top-down model that is used for analysis and reporting.