How to Handle the Exposure Offset with Boosted Trees
Three ways to move from GLM/GAM to a GBM model in insurance.
Published in
13 min readAug 28, 2021
A common task during claim frequency modelling in an insurance setting is handling the different levels of exposure. Exposure is a broad term, Insurancepedia defines it as “susceptibility to losses or risks”, but in our example, it will be analogous with time.
