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Showing posts with the label trends in usage based insurance

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Best Practices for Handling Duplicate Elements in Python Lists

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Here are three awesome ways that you can use to remove duplicates in a list. These are helpful in resolving your data analytics solutions.  01. Using a Set Convert the list into a set , which automatically removes duplicates due to its unique element nature, and then convert the set back to a list. Solution: original_list = [2, 4, 6, 2, 8, 6, 10] unique_list = list(set(original_list)) 02. Using a Loop Iterate through the original list and append elements to a new list only if they haven't been added before. Solution: original_list = [2, 4, 6, 2, 8, 6, 10] unique_list = [] for item in original_list:     if item not in unique_list:         unique_list.append(item) 03. Using List Comprehension Create a new list using a list comprehension that includes only the elements not already present in the new list. Solution: original_list = [2, 4, 6, 2, 8, 6, 10] unique_list = [] [unique_list.append(item) for item in original_list if item not in unique_list] All three methods will result in uni

Tech Mahindra Launched Big data platform

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Tech Mahindra has announced the launch of Usage Based Insurance (UBI), a big data and predictive analysis driven platform for auto insurers. It allows them to adjust premiums according to actual usage patterns of individual drivers instead of industry averages. UBI Platform The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $100 billion plus by the end of the decade. The solution utilizes the capabilities of Tech Mahindra and AT and T in the areas of multi-vertical, engineering and infrastructure capabilities. As a result of this, the global insurers can reduce their claim costs by up to 20%,while reducing eligible insured driver premiums up to 40%. This Usage Based Insurance solution is hosted on the seamless AT&T cloud and served through AT and T's global Machine-to-Machine (M2M) capabilities. What is usage based insurance This technology is already being used successfully for both car a