Intelligent Pricing Method and System for Equipment Insurance Based on Internet of Things

Abstract

The present invention relates to an intelligent pricing method and system for equipment insurance based on the Internet of Things. The method includes: obtaining insurance application information of the equipment, and obtaining original insurance data related to the insured equipment according to the insurance application information, wherein the original insurance data includes at least : Equipment type, working condition data of the insured equipment, historical equipment insurance data, and relevant data of the policyholder and the insured; data processing is performed on the original insurance data to obtain target variables and predictive variables related to the insured equipment; premium pricing algorithm is adopted Calculate premiums for insured equipment. The invention solves the problem that there is no pricing for a certain specific equipment in the past, and can adjust the original insurance data regularly or irregularly. Applicable to existing operating systems, tracking systems and communication systems to extract relevant data that can be used for 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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