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Practical Text Mining and Statistical Analysis for Non-structured Text Data Applications by Dursun Delen, Robert Nisbet, Thomas Hill, Andrew Fast, John Elder, Gary Miner

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Tutorial C

Insurance Industry

Text Analytics Adds “Lift” to Predictive Models with STATISTICA Text and Data Miner

Dev Kannabiran,     StatSoft Data Mining Consultant

Thomas Hill,     StatSoft Vice President for Development

Gary Miner,     StatSoft Senior Statistician and Data Mining Consultant

Contents

Introduction

The insurance industry, like most others, is severely affected by fraud and is working hard to equip itself with all of the possible tools necessary to identify and control fraud. With ...

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