Use IoT data along with core insurance and open source datasets to define usage based insurance and suggest one-on-onepricing with accurate risk capture
Technology
SAS 9.4, SAS Viya, SAS VA, Azure functions, ADF, data bricks, Azure Sql, Blob, Python
Last 4-6 weeks have been extremely eventful. Lots of discussions, solution ideas, white-boarding and most importantly virtual meetings, had immense learnings for everyone. Team enjoyed working together. Now while we work on final video, there is a sense of accomplishment that we were able to complete a complex solution on usage based insurance where there are really few success stories in the market. Hope our solution will help some of the practitioners and insurers in solving an important business problem called "dynamic pricing".
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