Oracle Insbridge Driver Assignment

2. Best Practices with Insbridge Driver Assignment 3. Overview

Determine Driver Assignment Objectives

Reveal Personal Auto Line of Business Specifics

Examine Core Driver Assignment Functions

Evaluate Real-Life Examples

4. Determine Driver Assignment Objectives 5. Driver Assignment Objectives

Why Do We Need Driver Assignment?

What Are Our Rules?

How Will We Get RateManager the Information Needed to Accomplish Driver Assignment Goals?

6. Driver Assignment Objectives (cont.)

Why Do We Need Driver Assignment?

Which drivers go with which vehicles?

What if there are more drivers than vehicles?

What if there are more vehicles than drivers?

What Are Our Rules?

Assign youthful drivers first

Assign the vehicles in order of highest cost new to lowest cost new

Assign the vehicles to their principal operator

Assign the driver with the lowest operator class to the excess vehicles

How Will We Get RateManager the Information Needed to Accomplish Driver Assignment Goals?

New driver and vehicle information sent to RateManager

Inputs, tables and calculations already in RateManager

Driver Assignment-Specific Inputs

Driver and Vehicle Required Categories

Driver-Vehicle System Category

Driver Assignment Module

11. Personal Auto Line of Business Specifics (cont.)

System-created

Driver Use Percentage on each vehicle

Vehicle Use Percentage on each driver

Assigned Driver on each vehicle

Vehicle Principally Driven on each driver

System-created

RateManager expects driver information on category id 1, and vehicle information on category id 2 in order to complete Driver Assignment

System-created

Only functionalafterDriver Assignment has created pairs of drivers and vehicles

Allows RateManager to access both driver variablesandvehicle variables from the same algorithm

Example: Bodily Injury Algorithm uses Driver Point Factor variable as well as Vehicle Model Year Factor, so its working category should be Driver-Vehicle

Where the Driver Assignment-specific algorithms are created

Driver Assignment-specific algorithms can be Global across entire line of business, or local to specific programs

Driver Assignment-specific algorithms can be revisioned for rate changes

Driver Assignment Building Blocks

Ranking

Flagging

Assigning

21. Core Driver Assignment Functions (cont.)

Driver Assignment Building Blocks

Driver Assignment Scenario

Ranking algorithms

Flagging algorithms

Ranking

Steps added in Driver Assignment Scenario

Uses Rank Driver and Rank Vehicle algorithms

Examples: Rank all drivers (high-to-low); Rank unassigned vehicles (low-to-high)

Flagging

Uses Flag Driver and Flag Vehicle algorithms

Examples: Flag 1 stranked driver;Flag unassigned vehicles

Assigning

Examples: Assign 1 stranked driver to 1 stranked vehicle; Assign flagged driver to all unassigned vehicle; Assign all vehicles to principal operator

Highest Drivers to Highest Vehicles

Youthful Drivers First, then Principal Operators

All Drivers Versus All Vehicles

27. Real-Life Examples (cont.)

Rank drivers highest-to-lowest by Driver Class factor

Rank vehicles highest-to-lowest by model year

Assign highest ranked driver to highest ranked vehicle, second-highest ranked driver to second highest-ranked vehicle, and so on

Youthful Drivers First, Then Principal Operators

Assign youthful drivers to the vehicles they operate the most using the Driver Use on Vehicle Percentage inputs

Assign remaining vehicles to the driver that operates it the most

Drivers may not be assigned to more than one vehicle during this assignment process

Assign excess vehicles to the driver with the lowest Driver Class factor

Assign the vehicles to the drivers that produce the highest total liability premium

Drivers may not be assigned to more than one vehicle during this assignment process

Assign excess vehicles to the driver with the highest Driver Class factor; should multiple drivers have the same Driver Class factor, assign younger drivers before older drivers

Determine Driver Assignment Objectives

Reveal Personal Auto Line of Business Specifics

Examine Core Driver Assignment Functions

Evaluate Real-Life Examples

Oracle Insbridge Driver Assignment

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