Student Work

Insurance Product Development

Public

Downloadable Content

open in viewer

The project's objective was to develop and price a new insurance product. Rollercoaster insurance was chosen for its uniqueness. Data for injury numbers, number of riders and deaths were necessary for pricing, but primarily private. Risk rate and ridership were modeled based on limited parks' data. A portfolio was developed using the modeled data. The purpose of portfolios was to share the risk and reduce premiums. After adding in expense and profit, a final premium was determined for each rollercoaster.

  • 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.
Creator
Publisher
Identifier
  • E-project-042408-150024
Advisor
Year
  • 2008
Date created
  • 2008-04-24
Resource type
Major
Rights statement
Last modified
  • 2021-01-26

Relations

In Collection:

Items

Items

Permanent link to this page: https://digital.wpi.edu/show/tb09j7395