Insurance Prediction by DSN AI+ Unilorin
A learning competition
23 data scientists enrolled, 13 on the leaderboard
InsuranceConstructionPredictionStructured
Nigeria
11 June (7 days)

This is a private hackathon whose primary purpose is for the members of the DSN Ai+ Club Unilorin to apply what they have learnt. If you are part of Ai+ Club Unilorin contact the club leader for the secret code.

Description of the challenge:

Recently, there has been an increase in the number of building collapse in Lagos and major cities in Nigeria. Olusola Insurance Company offers a building insurance policy that protects buildings against damages that could be caused by a fire or vandalism, by a flood or storm.

You have been appointed as the Lead Data Analyst to build a predictive model to determine if a building will have an insurance claim during a certain period or not. You will have to predict the probability of having at least one claim over the insured period of the building.

The model will be based on building characteristics. The target variable, Claim, is a:

  • 1 if the building has at least a claim over the insured period.
  • 0 if the building doesn’t have a claim over the insured period.

About DSN Ai+ Club Unilorin (twitter.com/AiUnilorin):

DSN Ai+ Club Unilorin (University of Ilorin, Nigeria) is a branch of Data Science Nigeria Community aimed at building and sustaining Ai talents at the university with the vision #1millionAiTalentsIn10Yrs.