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IndabaX-Ghana-AutoInland-Vehicle-Insurance-Claim

This is a Hackathon competition on Zindi.africa which ranked 5th on the Final Leaderboard

About

When providing insurance, there are very few points of contact between customers and the insurance provider. Because of this, AutoInland (an Insurance company in west Africa with a focus on Auto Insurance) needs to make every point of contact count; one of the most valuable of these is filing and settlement of claims.

AutoInland believes that to achieve better service level standards, they need to anticipate future demands in terms of claims request volume. This will allow them to better manage their resources while keeping the customer experience positive and the levels of satisfaction high.

Hackathon Objectives

The objective of this hackathon is to develop a predictive model that determines if a customer will submit a vehicle insurance claim in the next three months. This solution will help streamline financial planning at AutoInland and allow them to better serve their customers by understanding which customers are likely to submit a claim.

Evaluation Metric

f1-score

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