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Home / Proceedings / Proceedings of the AAAI Conference on Artificial Intelligence, 35 / No. 1: AAAI-21 Technical Tracks 1

RevMan: Revenue-aware Multi-task Online Insurance Recommendation

February 1, 2023

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Authors

Yu Li

Jilin University


Yi Zhang

Wesure Inc.


Lu Gan

Wesure Inc.


Gengwei Hong

WeSure Inc.


Zimu Zhou

Singapore Management University


Qiang Li

Jilin University


DOI:

10.1609/aaai.v35i1.16105


Abstract:

Online insurance is a new type of e-commerce with exponential growth. An effective recommendation model that maximizes the total revenue of insurance products listed in multiple customized sales scenarios is crucial for the success of online insurance business. Prior recommendation models are ineffective because they fail to characterize the complex relatedness of insurance products in multiple sales scenarios and maximize the overall conversion rate rather than the total revenue. Even worse, it is impractical to collect training data online for total revenue maximization due to the business logic of online insurance. We propose RevMan, a Revenue-aware Multi-task Network for online insurance recommendation. RevMan adopts an adaptive attention mechanism to allow effective feature sharing among complex insurance products and sales scenarios. It also designs an efficient offline learning mechanism to learn the rank that maximizes the expected total revenue, by reusing training data and model for conversion rate maximization. Extensive offline and online evaluations show that RevMan outperforms the state-of-the-art recommendation systems for e-commerce.

Topics: AAAI

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HOW TO CITE:

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li RevMan: Revenue-aware Multi-task Online Insurance Recommendation Proceedings of the AAAI Conference on Artificial Intelligence (2021) 303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li RevMan: Revenue-aware Multi-task Online Insurance Recommendation AAAI 2021, 303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li (2021). RevMan: Revenue-aware Multi-task Online Insurance Recommendation. Proceedings of the AAAI Conference on Artificial Intelligence, 303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. RevMan: Revenue-aware Multi-task Online Insurance Recommendation. Proceedings of the AAAI Conference on Artificial Intelligence 2021 p.303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. 2021. RevMan: Revenue-aware Multi-task Online Insurance Recommendation. "Proceedings of the AAAI Conference on Artificial Intelligence". 303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. (2021) "RevMan: Revenue-aware Multi-task Online Insurance Recommendation", Proceedings of the AAAI Conference on Artificial Intelligence, p.303-310

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li, "RevMan: Revenue-aware Multi-task Online Insurance Recommendation", AAAI, p.303-310, 2021.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. "RevMan: Revenue-aware Multi-task Online Insurance Recommendation". Proceedings of the AAAI Conference on Artificial Intelligence, 2021, p.303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. "RevMan: Revenue-aware Multi-task Online Insurance Recommendation". Proceedings of the AAAI Conference on Artificial Intelligence, (2021): 303-310.

Yu Li||Yi Zhang||Lu Gan||Gengwei Hong||Zimu Zhou||Qiang Li. RevMan: Revenue-aware Multi-task Online Insurance Recommendation. AAAI[Internet]. 2021[cited 2023]; 303-310.


ISSN: 2374-3468


Published by AAAI Press, Palo Alto, California USA
Copyright 2022, Association for the Advancement of
Artificial Intelligence 1900 Embarcadero Road, Suite
101, Palo Alto, California 94303 All Rights Reserved

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