Sequential Pattern Mining for Customer Retention in Insurance Industry

보험 고객의 유지를 위한 순차 패턴 마이닝

  • 이재식 (아주대학교 경영대학) ;
  • 조유정 (아주대학교 대학원 경영학과)
  • Published : 2005.05.27

Abstract

Customer retention is one of the major issued in life insurance industry, in which competition is increasingly fierce. There are many things to do to retain customers. One of those things is to be continuously in touch with all customers. The objective of this study is to design the contact scheduling system(CSS) to support the planers who must touch the customers without having subjective information. Support-planers suffer from lack of information which can be used to intimately touch. CSS that is developed in this study generates contact schedule to touch customers by taking into account existing contact history. CSS has a two stage process. In the first stage, it segments customers according to his or her demographics and contract status data. Then it finds typical pattern and pattern is combined to business rules for each segment. We expert that CSS would support support-planers to make uncontacted customers' experience positive.

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