Ontology based Approach for an Insurance Company Activity Modelling
By their operations variety, insurance companies are faced with a large amount of data, takinginto account that an insurance type allows to cover several risks types. Also, the same risk type canbe the subject to several insurance types. The risk notion is specific to the insurance domain andthe ins...
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| Format: | Article |
| Language: | English |
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Ovidius University Press
2016-01-01
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| Series: | Ovidius University Annals: Economic Sciences Series |
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| Online Access: | http://stec.univ-ovidius.ro/html/anale/ENG/2016/2016-I-full/Section-II/7.PATRASCU_AURELIA_2.pdf |
| Summary: | By their operations variety, insurance companies are faced with a large amount of data, takinginto account that an insurance type allows to cover several risks types. Also, the same risk type canbe the subject to several insurance types. The risk notion is specific to the insurance domain andthe insurance risk significances are varied.
Ontology is a formal, explicit specification of the terms and defines a common vocabulary forresearchers who need to communicate information in a certain field.
This paper aims to create an OWL ontology for modelling the activity of an insurance company,providing a solid basis to apply knowledge in the general insurances domain, by defining a set ofrepresentation terms for risks, in order for the big insurance companies to discover newinformation relating to the interaction between risks, to form an overview of the external andinternal risk factors to which an insurer is subjected to. |
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| ISSN: | 2393-3127 2393-3127 |