This manual aims to help you familiarise yourself with the Emblem Modeller and the methods available for producing Emblem data files from your data.
This manual contains:
Emblem Modeller
information on manipulating your data in order to use the Emblem Modeller
tutorials covering different aspects of the modelling process
a detailed discussion of Practical Issues
Tutorials
The tutorials supplied with this document provide step-by-step instructions for:
Creating BID and FAC Files
Using the Emblem Modeller - Risk Premium Modelling
The following additional components included in this Emblem installation are described briefly below:
File Converter
Emblem File Converter performs the data processing that is required for a risk premium analysis in Emblem.
More details about this component of Emblem can be found in the File Converter Help File.
Data Analyser
Emblem Data Analyser is a tool designed to allow the rapid interrogation of your raw data, having been designed to complement the base Emblem system. Emblem Data Analyser can be used powerfully in many areas including:
Pre-Analysis – identification of segments that are performing above and below expectations, i.e. profitable and unprofitable segments.
Communication of Multi-Variate Results – support the statistical analysis with the raw data graphical and tabular summaries.
General Management Information – drill down to the required level of detail.
More details about this component of Emblem can be found in Data Analyser Help File.
Model Combiner
The Flexible Model Combiner aims to produce an overall estimated risk premium for a portfolio of policies based on the individual claim type models for frequency, propensity and severity. This final stage in the modelling process allows the user to create a useable rating structure from a modelling exercise.
More details about this component of Emblem can be found in the Model Combiner Help File.
Diagrammatic View of Process
A diagrammatic view of the above steps and the associated Emblem components is shown below.