June 26, 2019 Nathan Lally: Sr. Machine Learning Modeler @ Hartford Steam Boiler (Munich Re) Insurance is one of the few industries where the cost of the product is not known when it is priced for sale. To determine the rate for a policy, the insurer must predict the future claims for that policy. To predict those future claims, insurers use past claims from similar policies. Ideally, the most recently written policies will closely match
