Amazon Sagemaker
Amazon SageMaker is a fully-managed platform that enables developers and data scientists to quickly and easily build, train, and deploy machine learning models at any scale. With Amazon SageMaker, all the barriers and complexity that typically slow down developers who want to use machine learning are removed. The service includes models that can be used together or independently to build, train, and deploy your machine learning models.
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Auto Insurance Claims Fraud Prediction
By:
Latest Version:
v-2.2
Ensemble Machine Leaning algorithm-based solution that predicts the probability of fraud for auto insurance claims.
Product Overview
Fraudulent claims are a major challenge faced by insurance providers. This solution helps insurance providers predict whether a claim is fraudulent or not to support the decision-making process. This solution considers various policy, demographic, and incident details related to the claim to return a probability score.
Key Data
Version
By
Type
Model Package
Highlights
This solution provides a cost-efficient way to predict fraudulent auto insurance claims.
This solution uses various policy, demographic, and incident details related to the claim to return a probability score.
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Pricing Information
Use this tool to estimate the software and infrastructure costs based your configuration choices. Your usage and costs might be different from this estimate. They will be reflected on your monthly AWS billing reports.
Contact us to request contract pricing for this product.
Estimating your costs
Choose your region and launch option to see the pricing details. Then, modify the estimated price by choosing different instance types.
Version
Region
Software Pricing
Model Realtime Inference$10.00/hr
running on ml.m5.large
Model Batch Transform$20.00/hr
running on ml.m5.large
Infrastructure PricingWith Amazon SageMaker, you pay only for what you use. Training and inference is billed by the second, with no minimum fees and no upfront commitments. Pricing within Amazon SageMaker is broken down by on-demand ML instances, ML storage, and fees for data processing in notebooks and inference instances.
Learn more about SageMaker pricing
With Amazon SageMaker, you pay only for what you use. Training and inference is billed by the second, with no minimum fees and no upfront commitments. Pricing within Amazon SageMaker is broken down by on-demand ML instances, ML storage, and fees for data processing in notebooks and inference instances.
Learn more about SageMaker pricing
SageMaker Realtime Inference$0.115/host/hr
running on ml.m5.large
SageMaker Batch Transform$0.115/host/hr
running on ml.m5.large
Model Realtime Inference
For model deployment as Real-time endpoint in Amazon SageMaker, the software is priced based on hourly pricing that can vary by instance type. Additional infrastructure cost, taxes or fees may apply.InstanceType | Realtime Inference/hr | |
---|---|---|
ml.m4.4xlarge | $10.00 | |
ml.m5.4xlarge | $10.00 | |
ml.m4.16xlarge | $10.00 | |
ml.m5.2xlarge | $10.00 | |
ml.p3.16xlarge | $10.00 | |
ml.m4.2xlarge | $10.00 | |
ml.c5.2xlarge | $10.00 | |
ml.p3.2xlarge | $10.00 | |
ml.c4.2xlarge | $10.00 | |
ml.m4.10xlarge | $10.00 | |
ml.c4.xlarge | $10.00 | |
ml.m5.24xlarge | $10.00 | |
ml.c5.xlarge | $10.00 | |
ml.p2.xlarge | $10.00 | |
ml.m5.12xlarge | $10.00 | |
ml.p2.16xlarge | $10.00 | |
ml.c4.4xlarge | $10.00 | |
ml.m5.xlarge | $10.00 | |
ml.c5.9xlarge | $10.00 | |
ml.m4.xlarge | $10.00 | |
ml.c5.4xlarge | $10.00 | |
ml.p3.8xlarge | $10.00 | |
ml.m5.large Vendor Recommended | $10.00 | |
ml.c4.8xlarge | $10.00 | |
ml.p2.8xlarge | $10.00 | |
ml.c5.18xlarge | $10.00 |
Usage Information
Model input and output details
Input
Summary
The model takes a .csv file which contains inurance claims information.
Input MIME type
text/csvSample input data
Output
Summary
The output .csv file contains the fraud prediction for each of the policy numbers in the input .csv file.
Output MIME type
text/csv, text/plainSample output data
Sample notebook
Additional Resources
End User License Agreement
By subscribing to this product you agree to terms and conditions outlined in the product End user License Agreement (EULA)
Support Information
Auto Insurance Claims Fraud Prediction
For any assistance, please reach out at:
AWS Infrastructure
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