#Theme 1: Auto Quote Customer Conversion Model
 
Travelers Insurance Company is looking for expert modelers in their personal automotive insurance department. For personal auto, anyone that asks for an estimated price for a policy from your company (also known as a quote) will receive one. However, of those quoted, only a fraction will choose this company as their insurer (versus other companies they also received quotes from). Your team has been asked to build what’s known as a conversion model, with the goal of understanding the population of policies Travelers Insurance Company is most likely to write (a.k.a. issue or convert). In other words, what types of customers is your company writing over its competitors?
 
Your goals in this competition are as follows:
 
•	Identify quoted policies that your company will convert (a.k.a. issue)
 
•	Understand key characteristics of policies your company tends to write, as well as those they tend not to write (e.g. understand quoted policies with both high and low conversion rates)
 
•	Provide a recommendation on how this information could be leveraged at Travelers Insurance Company
 
 
## Keywords
 
Policy – account associated with a given customer.
Quote – Price given to a potential customer for an insurance policy.
Issue/write/convert – If your company ‘writes/issues/converts’ a policy, it means the customer chose your company as their insurer.
Conversion rates – the percent of quoted policies your company issues

## Timeline
- Competition opens : April 4, 2024
- Competition closes : May 8, 2024
- Presentation Dates : May 21, 2024
- Winners Announced: May 21, 2024

## Contacts

NESS: 
•	Shane Sacco: shane.sacco@uconn.edu
•	Kun Chen: kun.chen@uconn.edu 

Travelers:
•	Gazi Inkiyad : GINKIYAD@travelers.com
•	Runzhi Zhou : RZHOU2@travelers.com
•	Lubing Wang: LWANG5@travelers.com