Equipment insurance intelligent pricing method and system based on Internet of Things

Abstract

The invention relates to an equipment insurance intelligent pricing method and system based on the Internet of Things. The method comprises the steps that insurance information of equipment is acquired, and original insurance data relevant to the insured equipment is acquired according to the insurance information, wherein the original insurance data at least comprises an equipment type, condition data of the insured equipment, equipment historical insurance data and relevant data of applicants and insurants; the original insurance data is processed to obtain a target variable and a prediction variable relevant to the insured equipment; and a premium pricing algorithm is adopted to calculate the premium of the insured equipment. Through the intelligent pricing method and system, the problem that pricing of a certain specific equipment is not available in the past is solved, and the original insurance data can be adjusted regularly or irregularly. The intelligent pricing method and system are suitable for existing operating systems, tracking systems and communication systems to extract relevant data capable of being applied to insurance.

Description

technical field [0001] The invention relates to an intelligent pricing method and system for equipment insurance based on the Internet of Things. Background technique [0002] In recent years, the Internet of Things industry has developed rapidly. The "Internet of Things" uses smart sensor technology to collect various "things" data; and integrates advanced network technology and big data technology to store massive "things" data; According to the forecast of Forrester, an authoritative consulting agency in the United States, by 2020, the Internet of Things business in the world will reach 30 to 1 compared with the business of human-to-human communication. The Internet of Things is called the next trillion yuan industry. Various business applications based on the Internet of Things have sprung up like mushrooms after rain, pushing the development of all walks of life to a new model and new direction. [0003] Equipment is a material material and production tool widely used...

AI Technical Summary

Problems solved by technology

Compared with the use of equipment, the working conditions and operations of vehicles are relatively single, including mileage, rapid acceleration, rapid deceleration, etc.; the operating environment of mechanical equipment, equipment power, and the types of participating projects vary greatly, and there are dozens of operating actions. Therefore, compared with vehicle UBI, the equipment UBI insurance pricing method and system is a more complex technology

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