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Showing posts with the label trends in usage based insurance

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15 Python Tips : How to Write Code Effectively

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 Here are some Python tips to keep in mind that will help you write clean, efficient, and bug-free code.     Python Tips for Effective Coding 1. Code Readability and PEP 8  Always aim for clean and readable code by following PEP 8 guidelines.  Use meaningful variable names, avoid excessively long lines (stick to 79 characters), and organize imports properly. 2. Use List Comprehensions List comprehensions are concise and often faster than regular for-loops. Example: squares = [x**2 for x in range(10)] instead of creating an empty list and appending each square value. 3. Take Advantage of Python’s Built-in Libraries  Libraries like itertools, collections, math, and datetime provide powerful functions and data structures that can simplify your code.   For example, collections.Counter can quickly count elements in a list, and itertools.chain can flatten nested lists. 4. Use enumerate Instead of Range     When you need both the index ...

Tech Mahindra Launched Big data platform

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Tech Mahindra has announced the launch of Usage Based Insurance (UBI), a big data and predictive analysis driven platform for auto insurers. It allows them to adjust premiums according to actual usage patterns of individual drivers instead of industry averages. UBI Platform The platform is flexible to fit to the growing needs of global insurance enterprises, where the market is expected to grow $100 billion plus by the end of the decade. The solution utilizes the capabilities of Tech Mahindra and AT and T in the areas of multi-vertical, engineering and infrastructure capabilities. As a result of this, the global insurers can reduce their claim costs by up to 20%,while reducing eligible insured driver premiums up to 40%. This Usage Based Insurance solution is hosted on the seamless AT&T cloud and served through AT and T's global Machine-to-Machine (M2M) capabilities. What is usage based insurance This technology is already being used successfully for both car a...