Case study – finding data science project ideas in an insurance company

In this case study, we will look at the fictional Insur Inc. company, where Rick was recently promoted and now works as the head of data science. Data science is a new field for the company. They have tried to create several prototypes, but none have made it to production. The first major task for Rick is to find a data science use case that will be beneficial and profitable for the company.

Rick already knew that the main income stream for the company was selling insurance policies, and the main losses were in insurance claims. Insur Inc. provides health, real estate, and automobile insurance programs. The company's largest product is its automobile insurance, which ...

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