Verkkothe soa engaged milliman to study this topic and develop a research report that includes a review of existing literature and current industry practices, as well as a. Verkkopredicting future trends is an essential skill in data science. Verkkoin other words, insurance predictive modeling analyzes historical costs, claims, expenses, risks, and profits and then projects them into the future, allowing insurers. Verkkoprophet’s new research report, the insurance customer of the future, was written to highlight the most pertinent market trends set to impact the insurance industry in the. Verkkoin this article, i will focus on forecasting models using prophet, a tool developed by facebook to predict trends based on historical data very well.
