Design Of Oversea Personnel Comprehensive Insurance Coverage And Study Of Product Pricing Based On BP Neural Network

In recent years,under the guidance of the national "One Belt One Road" and "Chinese Enterprises Going Global" policies,a domestic and international dual-cycle economic development model has gradually formed.China’s overseas investment and personnel exchanges have increased year by year,and the safety and security of overseas personnel has become a must not be ignored problem.Judging from the current situation,Chinese insurance companies have not yet fully integrated into the global market,and their business in the field of overseas Chinese risk protection is relatively low.They cannot provide adequate and effective protection and services for overseas laborers,and it is difficult to cope with the growing number of overseas personnel.Comprehensive protection needs.First of all,this thesis clarifies the meaning,characteristics,and functions of accident and health insurance based on literature review,and then locates the comprehensive protection value of accident and health insurance for overseas personnel.At the same time,it analyzes the necessity and feasibility of my country’s insurance companies to develop comprehensive protection products for overseas personnel.The analysis shows that the comprehensive protection products for overseas personnel are oriented to insurable risks,in line with the basic principles of insurance,and have huge market potential and high feasibility for their implementation.Secondly,this article comprehensively analyzes the main risks faced by overseas personnel of Chinese enterprises and the current status of risk management,summarizes the needs and pain points of overseas personnel for risk protection,and proposes a comprehensive protection product design plan.Then,through a survey of leading companies in the insurance market,it is determined that the pricing research mainly focuses on the three categories of personal risks,regional risks,and insurance plans,with a total of nine factors.At present,Chinese insurance companies mostly choose the generalized linear model GLM as the basis of pricing analysis in pricing.Therefore,this article analyzes its principle and application environment from GLM,and finds that its distribution hypothesis is limited to the exponential distribution family and cannot solve the mixed model of multiplication and addition models.As well as constrained optimization problems,the BP neural network model has the characteristics of error back propagation,which has a good application effect on solving nonlinear problems.Finally,the BP neural network was selected,and then through in-depth research on the LM-BP optimization algorithm combined with the head insurance company data,the feasibility of the pricing model was analyzed,and a conclusion was finally reached.The study found that the BP model applied to overseas personnel accident and health insurance pure risk rate pricing has strong predictability.Improving the accuracy of the input layer variable information is conducive to improving the simulation effect of the BP model in pure risk pricing.