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Technical Activities
Lightweight Rule Induction (LRI) Advanced Targeted Marketing for Single Events (ATM-SE) Lightweight Document Matcher (LDM) Underwriting
Profitability Analysis solution (UPA) The solution is now
available as a package for embedding in software systems, as well as
for trial evaluations by interested parties The solution is now
available for use in pilot engagements, as well as for trial evaluations
by interested parties. The solution is now
available for use in consulting engagements, as well as for pilot evaluations
by interested parties. Underwriting Profitability Analysis solution (UPA) The UPA (Underwriting Profitability Analysis) application embodies a new approach to mining Property & Casualty (P&C) insurance policy and claims data for the purpose of constructing predictive models for insurance risks. UPA utilizes the ProbE (Probabilistic Estimation) predictive modeling class library to discover risk characterization rules by analyzing large and noisy insurance data sets. Each rule defines a distinct risk group and its level of risk. To satisfy regulatory constraints, the risk groups are mutually exclusive and exhaustive. The rules generated by ProbE are statistically rigorous, interpretable, and credible from an actuarial standpoint. The ProbE library itself is scalable, extensible, and embeddable. Our approach to modeling insurance risks and the implementation of that approach have been validated in an actual engagement with a P&C firm. The benefit assessment of the results suggest that this methodology provides significant value to the P&C insurance risk management process. The UPA solution is currently available in the marketplace as a component of IBM's Decision Edge for Insurance warehouse and data mining solution suite, as well as for use in customer consulting engagements. Back to Top Probabilistic Estimation class library (ProbE) The ProbE (Probabilistic Estimation) class library is a framework for data modeling geared to rule induction algorithms. It is embeddable, i.e., targeted for customized solution building, and can be packaged as a kernel with settings and results files. ProbE is also designed to be extensible, i.e., designed for seamless incorporation of diverse data models. The ProbE class library is C++ based, with two clearly defined sets of APIs for extension and embedding. It is designed to exploit the IBM Intelligent Miner's data access API, and also designed with a view towards data-parallel implementations and system error-recovery support. ProbE is available as a research prototype for select customer engagements. Back to Top Rule Abstraction for Modeling and Prediction (RAMP) The Rule Abstraction for Modeling and Prediction (RAMP) system is a research prototype system that packages a collection of innovative algorithms that can be used in classification and regression modeling. Overview Generating accurate and robust models is crucial to the successful use and deployment of classifiers on a large scale. Rule induction, i.e., generating decision rule models from data, is often a preferred approach to classification modeling and prediction, due to the enhanced explanatory capability and interpretability of decision rules. The RAMP system for rules abstraction and modeling is evolving with accuracy and robustness as primary goals. The system provides the following key capabilities: 1.feature analysis and selection based upon contextual merits technique 2.optimal discretization of numerical features based upon dynamic programming 3.generation of minimal DNF (Disjunctive Normal Form) rules based upon the R-MINI algorithm 4.rule based regression 5.rule pruning, weighting, and editing 6.alternate rule application strategies 7.accuracy evaluation of the model on test data. 8.hierarchical capability for case management, which helps end-users carry out multiple experiments on a data set, and manage these experiments as a set of related cases. RAMP has been utilized in several large-scale real-life applications and some benchmark tasks which demonstrate its robustness. A detailed description of this system is available in an IBM Research Division technical report-- RAMP: Rules Abstraction for Modeling and Prediction by C. Apte, S.J. Hong, J. Lepre, S. Prasad, and B. Rosen, IBM RC-20271. Back to Top Revised January 20, 2003 |