An expert system for strategic control of accidents and insurers’ risks in building construction projects Imriyas, Kamardeen en_US 2021-11-25T13:36:13Z 2021-11-25T13:36:13Z 2009 en_US
dc.description.abstract Building construction projects appear to have higher accident rates. Contractors procure workers’ compensation insurance (WCI) to transfer these risks to insurance companies. The commitment of insurers under WCI is extremely broad; there are no exclusions and ceilings on their liabilities. They must quote adequate premiums to cover future risks. Yet, the prices should be low enough to penetrate the market. Thus, accomplishing rigorous risk and market assessments to decide optimal premiums for building projects is crucial. Traditionally, experience rating approach has been adopted for WCI premium-rating. However, this approach has been found ineffective for construction. Hence, the purpose of this study is to develop an effective WCI premium-rating model for building projects, and to automate the model as an expert system. A new WCI premium-rating model was developed based on the findings of a literature review and a questionnaire survey. A hybrid of interviews and past workers’ compensation claims data analysis was pursued to develop the conceptual model of a fuzzy expert system to automate the proposed model. It was then prototyped and verified with Turing tests. The proposed expert system advocates real-time assessments of project hazards, safety, market conditions and insurers’ internal factors for premium-rating. It also establishes an effective risk control strategy via a well-structured incentive system for contractors and clients. Its implementation in the insurance industry can curtail accidents in the construction industry, thereby minimising insurers’ financial risks. en_US
dc.identifier.issn 0957-4174 en_US
dc.language English
dc.language.iso EN en_US
dc.rights CC BY-NC-ND 3.0 en_US
dc.rights.uri en_US
dc.source Legacy MARC en_US
dc.subject.other Workers' compensation insurance en_US
dc.subject.other Buildings en_US
dc.subject.other Occupational health & safety en_US
dc.subject.other Fuzzy logic en_US
dc.subject.other Expert system en_US
dc.title An expert system for strategic control of accidents and insurers’ risks in building construction projects en_US
dc.type Journal Article en
dcterms.accessRights metadata only access
dspace.entity.type Publication en_US
unsw.identifier.doiPublisher en_US
unsw.relation.faculty Arts Design & Architecture
unsw.relation.ispartofissue 2 en_US
unsw.relation.ispartofjournal Expert Systems with Applications en_US
unsw.relation.ispartofpagefrompageto 4021-4034 en_US
unsw.relation.ispartofvolume 36 en_US
unsw.relation.originalPublicationAffiliation Imriyas, Kamardeen , Built Environment, Faculty of Built Environment, UNSW en_US School of Built Environment *
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