Big Data Research ›› 2016, Vol. 2 ›› Issue (5): 79-87.doi: 10.11959/j.issn.2096-0271.2016056

• APPLICATION • Previous Articles     Next Articles

Applications of location-based big data for auto insurance risk control

Cheng ZHANG1,Chen ZHAO2,3   

  1. 1 Jiangsu Branch,China United Network Communications Group Co.Ltd.,Nanjing 210029,China
    2 Shenzhen Prajnasys Co.Ltd.,Shenzhen 518008,China
    3 Nanjing Prajnasys Co.Ltd.,Nanjing 210062,China
  • Online:2016-09-20 Published:2018-02-08

Abstract:

Since the authorities conduct deep reform of commercial auto insurance,Chinese insurance companies are able to get more autonomy in product pricing and the insurance companies are required to improve their capabilities of delicacy risk management and risk analysis.The point of location-based big data to discuss applications of mobile positioning methods in auto insurance risk control was proposed.The implementation path and service recommendations to insurance underwriting and claim settlement based on grid-based methods of risk assessment and calculation were given.

Key words: auto insurance, LBS, location-based big data, risk control

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