Student Work

 

The Great Lakes Insurance Company Public

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This project researches the process an insurance company goes through to price boat insurance. Gathering data from boating statistics and insurance companies, a simulation product is created, utilizing accident rates, expected losses, and operator characteristics. This new product offers personal property, liability, and medical protection; as well as a unique policy for death benefits. Assuming realistic conditions like regional factors, business expenses, and projected customer base; the resulting insurance policy is both profitable and competitive in real life situations.

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
Last modified
  • 01/27/2021
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Identifier
  • E-project-042408-163806
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Year
  • 2008
Date created
  • 2008-04-24
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Permanent link to this page: https://digital.wpi.edu/show/gx41mk48p