Association Rules for Understanding Policyholder Lapses

For automobile insurance, it has long been implied that when a policyholder made at least one claim in the prior year, the subsequent premium is likely to increase. When this happens, the policyholder may seek to switch to another insurance company to possibly avoid paying for a higher premium. In s...

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Bibliographic Details
Main Authors: Himchan Jeong, Guojun Gan, Emiliano A. Valdez
Format: Article
Language:English
Published: MDPI AG 2018-07-01
Series:Risks
Subjects:
Online Access:http://www.mdpi.com/2227-9091/6/3/69