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Insurance Company Case Study - Hadoop /Bigdata solution
We have this basic use case to implement using Bigdata solutions:
Introduction :
An insurance company with regional offices in each state is in business of Home and Auto Insurance.
**Each regional office send the details of monthly transaction ( enrollments , updates to policy ,
cancellation) to Central System
**The feed is form of Raw txt file converted by Mainframe system and sent to central processing server
(Linux ) using FTP.
** The data is in FIXED line format .
Data Format:
1 single line contains :
- Transaction ID,
- SSN ,
-InsuranceID ,
-RegionalOfficeID,
-Insurance Type
- Insurance Duration
-Amount
-Notes
-Timestamp
Business Need:
The Company wants to launch a new product for Home and Auto insurance users and the management
would like to give some real time facts based on the data they have like:
- No of user using the insurance national wide
- Pace with which the users are joining
- Which type of insurance package ( Home , Auto , Dual ) is more lucrative to customers as per their
location geographies.
.
Some Hard Numbers:
No of users: 20 Million
Data File feed size: 50 MB / Cycle
No of Data cycles: 2 / week.
Time expected for output: Monthly Basis
Please analyse this business problem and provide your inputs for design and technology choice
Linkedinforum:
http://www.linkedin.com/groups/Insurance-Company-Case-Study-Hadoop-
4838165.S.256068004?qid=f3f6cdaa-119f-4a63-8c5b-3defd9be1208&trk=group_most_recent_rich-0-b-
ttl&goback=%2Egmr_4838165

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Hadoop insurance company case study

  • 1. Insurance Company Case Study - Hadoop /Bigdata solution We have this basic use case to implement using Bigdata solutions: Introduction : An insurance company with regional offices in each state is in business of Home and Auto Insurance. **Each regional office send the details of monthly transaction ( enrollments , updates to policy , cancellation) to Central System **The feed is form of Raw txt file converted by Mainframe system and sent to central processing server (Linux ) using FTP. ** The data is in FIXED line format . Data Format: 1 single line contains : - Transaction ID, - SSN , -InsuranceID , -RegionalOfficeID, -Insurance Type - Insurance Duration -Amount -Notes -Timestamp Business Need: The Company wants to launch a new product for Home and Auto insurance users and the management would like to give some real time facts based on the data they have like: - No of user using the insurance national wide - Pace with which the users are joining - Which type of insurance package ( Home , Auto , Dual ) is more lucrative to customers as per their location geographies. . Some Hard Numbers: No of users: 20 Million Data File feed size: 50 MB / Cycle No of Data cycles: 2 / week. Time expected for output: Monthly Basis
  • 2. Please analyse this business problem and provide your inputs for design and technology choice Linkedinforum: http://www.linkedin.com/groups/Insurance-Company-Case-Study-Hadoop- 4838165.S.256068004?qid=f3f6cdaa-119f-4a63-8c5b-3defd9be1208&trk=group_most_recent_rich-0-b- ttl&goback=%2Egmr_4838165