Controlling accidents and insurers' risks in construction [[electronic resource] ] : a fuzzy knowledge-based approach / / Imriyas Kamardeen

• Record Nr.: UNINA9910824192103321
• Autore: Kamardeen Imriyas
• Pubbl/distr/stampa: New York, : Nova Science Publishers, c2009
• ISBN: 1-61324-299-9
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (231 p.)
• Disciplina: 363.11/969
• Soggetti: Construction industry - Insurance; Construction industry - Risk management; Construction industry - Accidents
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Intro -- CONTROLLING ACCIDENTSAND INSURERS' RISKSIN CONSTRUCTION: A FUZZYKNOWLEDGE-BASED APPROACH -- Contents -- Preface -- Acknowledgments -- Abbreviations -- Introduction -- The Global Trend of OHSin the Construction Industry -- The Drive towards Re-engineering Workers'Compensation Insurancefor Improving Safety in Construction -- Leveraging by IT -- Focus of the Book -- Structure of the Book -- Workers' CompensationInsurance in Construction -- Introduction -- Origin of Workers' Compensation System -- Workers' Compensation System -- Costs Recovered under the Workers' Compensation System -- 1. Medical Expenses -- 2. Temporary Incapacity -- 3. Permanent Incapacity -- 4. Dependants Death Benefits -- 5. Compensation for Occupational Diseases -- Workers' Compensation Insurance (WCI) -- Premium Rating Methods for WCI -- Experience Modification Rating (EMR) Approachfor Premium Rating -- Manual Rate -- Payroll Unit -- Experience Modification Rate (EMR) -- Example of WCI Premium Calculation -- Computing the EMR -- Computing the WCI Premium -- Shortcomings of the EMR Approach -- Ad-hoc Methods for Premium Rating -- Drawbacks of the System -- Conclusion -- Critical Factors for Premium Ratingof Workers' Compensation Insurancein Construction -- Introduction -- Premium Rating Variables for Construction WCI -- Predicting Future Claims in Construction WCI -- Determining the Mark-up for Construction WCI -- ; Research Methodology -- Profile of Respondents -- Data Analysis and Discussion -- Important Variables for Premium Rating -- Wage Roll -- Project Hazard Level -- Effectiveness of the Safety Management System on Site -- Contractor's Claims History -- Competition -- Corporate Objectives of the Insurer -- Overhead Costs of Insurance -- Investment Income from Underwritten Premiums -- Less Important Variables for Premium Rating.; Profit/loss Experience in WCI Business -- Reinsurance Cost -- Amount of Outstanding Claims to the Insurer -- Project Duration -- Placement of Multiple Policies by the Contractor -- Cooperation by the Contractor -- Volume of Business in the Market -- Unimportant Variables for Premium Rating -- Expectation of Potential Business from the Contractor -- Contractor's Size -- Summary of Survey Findings -- Risk Control Strategies for Insurance Companies -- Health insurance -- Motor Insurance -- No Claims Discount (NCD) -- Incentive for Clean Driving Records -- Loyalty Rebate -- Insights for Construction WCI -- Conclusion -- Assessing Hazards and Safetyin Building Construction Projects -- Introduction -- Nature of Occupational Injuries in Construction -- Estimating Accident Risks in Construction -- Hazards in Building Construction Projects -- Demolition Hazards -- Excavation Hazards -- Scaffolding and Ladder Hazards -- False Work Hazards -- Roof Work Hazards -- Hazards in Erecting Structural Frameworks -- Crane Hazards -- Construction Machinery and Tools Hazards -- Hazards on Contaminated Sites -- Welding and Cutting Work Hazards -- Hazards in Confined Spaces -- Assessing Hazard Intensity in Building Projects -- Safety Performance MeasurementMethod for WCI -- Essentials of Project Safety Systems -- Safety Performance Assessment Protocol -- Conclusion -- New Premium Rating Modelfor Workers' Compensation Insurancein Building Construction -- Introduction -- Proposed Model for WCI Premium Ratingof Building Construction Projects -- Computing the Risk Fee -- 1. Wage Roll -- 2. Project Hazard Index (PHI) -- 3. Project Safety Index (PSI) -- Computing the Mark-up -- Computing the CCIContractor and the SMDClient -- Advantages of the Proposed New Model -- Conclusion -- Fuzzy Inference SystemDevelopment Methodologies -- Introduction -- Classical Set Theory.; Limitations of Classical Set Theory -- Fuzzy Sets -- Fuzzy Membership Functions -- Types of Membership Functions -- Basic Operations of Fuzzy Sets -- Linguistic Variables -- Fuzzy Logic and Approximate Reasoning -- Fuzzy Inference Systems -- Fuzzy Inference Systems Development Cycle -- Defining System Functional and Operational Characteristics -- Case Example -- Defining Fuzzy Sets for System Variables -- Case Example (Cont'd) -- Defining the Fuzzy Rule Base -- Case Example (Cont'd) -- IRC Approach -- URC Approach -- Defining Inference and Defuzzification Methods -- System Coding -- System Tuning and Verification -- Conclusion -- Fuzzy Knowledge Based SystemModelling for WCI Premium Rating -- Introduction -- Fuzzy KBS Architecture for WCI Premium Rating -- Graphical User Interface (GUI) -- System Database -- Intermediate Processing Unit (IPU) -- Fuzzy Inference Engine and Fuzzy Knowledge Base -- Knowledge Acquisition and Representation -- Past Claims Data Analysis -- Designing the Fuzzy Risk Rate Model -- Interview Survey and Analysis -- 1. Overhead Costs of Insurance -- 2. Investment Income from Underwritten Premiums -- 3. Competition -- 4. Corporate Objectives of the Insurer -- 5. Contractor's Claims History -- Designing the Fuzzy Mark-up Model -- Inference Mechanism in the Fuzzy KBS -- Computing PHI -- Computing PSI -- Computing PSOscore -- Computing RAMscore -- Computing SWPscore -- Computing STCscore -- Computing SIscore -- ; Computing SMTscore -- Computing SMscore -- Computing EMscore -- Fuzzy Inference for Risk Rate and Mark-up -- Making the Prototype of the Fuzzy KBS -- Developing the IPU and the System Database -- Developing the Fuzzy Inference Subsystem -- Defining the Fuzzy Inference Subsystem -- Membership Functions Development -- Rule Base Development -- Developing the GUI -- Verification of the Fuzzy KBS -- Turing Test for the Fuzzy KBS.; Workflow Model for the Fuzzy KBS -- Conclusion -- Concluding Notes -- Introduction -- Summary -- Research Findings -- Comparison of Research Findingswith the Previous Technique -- Practical Implications for Industries -- Implications for the Construction Industry -- Implications for the Insurance Industry -- Implications for others -- Bottleneck for Implementation -- Knowledge Contributions -- Future Directions -- Conclusion -- Appendix 1: Survey Kit -- Appendix 1.1: Interview QuestionnaireSurvey Form -- Factors Influencing Workers' Compensation Insurance Premiumsfor Building Construction Projects -- General Information -- A. Respondent's Particulars -- B. Workers' Compensation Insurance Premium Decisions for BuildingConstruction Projects -- B.1. Project Factors -- B.2. Contractor Factors -- B.3. Insurer Factors -- B.4. Market Factors -- Appendix 1.2: Interview Guideline -- Mark-up Determination for Construction WCI -- A. Respondent's Particulars -- B. Interview Questions -- Appendix 2: WCIXpert User Manual -- Installing WCIXpert -- Installation Method -- Getting Started with WCIXpert -- Creating a New Project File -- Hazard Rating of Building Construction Projects -- Hazard Assignment -- Project Hazard Rating -- Safety Rating of Building Construction Projects -- Inference of Risk Rate and Mark-up -- Underwriting a New WCI Policy -- Claims Management -- Producing CCI Contractor and SMD Client Details -- References -- Index.