The Toronto-Dominion Bank

Robert Chamoun

Maxime Lafleur-forcier

Ilya Stanevich

Philippe Meunier

Mathieu Jacob

Xuling Wang

Bruno Veillete-cossette

A computing device for predicting an expected loss for a set of claim transactions is provided. The computing device predicts, at a first machine learning model, a claim frequency of the set of claim transactions over a given time period and trained using historical frequency data and based on a segment type defining a type of claim, each type of segment having peril types. The computing device also predicts, at a second machine learning model, claim severity of the set of claim transactions during the given time period, the second machine learning model trained using historical severity data and based on the segment type and the corresponding peril types. The computing device then determines the expected loss for the set of claim transactions over the given time period by applying a product of prediction of the first machine learning model and the second machine learning model.

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MONTREAL, Canada

Robert Chamoun