You work for Travelers Insurance Company's fraud detection department as a modeler. Your colleagues, who are not familiar with statistics, would like you to create a predictive model based on historical claim data. Your team is concerned about the fraud detection accuracy as well as the key drivers that cause fraudulence.
For this case competition, your group is tasked with identifying first-party physical damage fraudulence and explaining the indicators of fraudulent claims.

Your goals in this competition are as follows:
 
•	Identify first-party physical damage fraudulence.
•	Understand key indicators of fraudulent claims.
•	Provide a recommendation on how this information could be leveraged at Travelers Insurance Company

## Keywords
 
Claim – request made by a policyholder to the insurance company for payment or compensation for a covered loss or event.
First-party physical damage – damages sustained by the insured's own property or vehicle.
Fraud - deliberately deceiving an insurance company to obtain an unauthorized benefit.

## Timeline

- Competition opens: April 17, 2025
- Competition closes: May 15, 2025
- Finalists selected: May 21, 2025
- Presentation dates: June 2, 2025

## Contacts

NESS:
•	Joshua Warren: joshua.warren@yale.edu

Travelers:
•	Anna Forrest : AMFORRES@travelers.com
•	Jessica LaRocco-Olszewski : JLAROCCO@travelers.com
•	Runzhi Zhou : RZHOU2@travelers.com