This study suggests the regression models of Lognormal, Normal and Gamma for constructing insurance scoring system. The main advantage of a scoring system is that it can be used by insurers to differentiate between high and low risks insureds, thus allowing the profitability of insureds to be predicted.
Ismail, Noriszura and Jemain, Abdul Aziz
"Construction of Insurance Scoring System using Regression Models,"
Journal of Modern Applied Statistical Methods:
2, Article 25.
Available at: http://digitalcommons.wayne.edu/jmasm/vol7/iss2/25