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Journal : International Journal of Advanced Science and Computer Applications

Implementation of the Analytical Hierarchy Process Method and Multi Objective Optimization on the Basis of Ratio Analysis in the Selection of Insurance Products Haviluddin Haviluddin; Edy Budiman; Rendy Ramadhan
International Journal of Advanced Science and Computer Applications Vol. 1 No. 1: March 2022
Publisher : Utan Kayu Publishins

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (244.135 KB) | DOI: 10.47679/ijasca.v1i1.8

Abstract

Insurance product offerings are not always understood by prospective customers (CN) due to limited information related to products. This can cause confusion so that CN does not want to buy it. The purpose of this study is to analyze the selection of insurance products PT. AIA Financial Samarinda, East Kalimantan, Indonesia uses the Analytical Hierarchy Process (AHP) and Multi Objective Optimization on the Basis of Ratio Analysis (MOORA) approach so that CNs can choose based on insurance product facilities that match their abilities. In this study, as many as 10 types of insurance products and 10 CN criteria were then analyzed based on the two methods used. Then, the calculation accuracy of the two methods has been using the confusion matrix (CM) method. Based on the results of CM calculations from 27 CN datasets with a conformity level of 81.5%, it has been obtained which indicates that the two methods can be implemented as an alternative in choosing insurance products according to ability or based on CN criteria. The results show that this method is quite effective, efficient and relatively easy to use in determining insurance products that meet the criteria or according to CN's economic capabilities
Co-Authors Abdul Haris Ade Fachreza Arman Ahmad Adha Abdullah Ahmad Firza Nugraha Akbar, Mohammad Aldrin Alam, Sitti Nur Alameka, Faza Alameka, Faza Ali Husni Anam, M Khairul Andi Azza Az-Zahra Anindita Septiarini, Anindita Anton Prafanto Arfa’ Yunida Nurhafizhah Badaruddin Bin Halib Bambang Prasetyo Bramantyo, Dimas Ari Brins Leonard Pailan Citra Widhyani LW Damayanti, Elok Doni Kris Setiawan Erwin Erwin Evi Wildana Fajar Ramadhan Faza Alameka Faza Alameka Ferdy Rianda Fernando Elda Pati Firdaus, Muhammad Gubtha Mahendra Putra Gultom, Tiopan Hendry Manto Haeruddin, Haeruddin Hairah, Ummul Hairah, Ummul Hans Christiaan Palondongan Haviluddin Haviluddin Herni Johan Herniawan Herniawan Hijratul Aini Jamaludin Jamaludin Jeno, Godefridus Kafi, Nashiruddin Langgeng Ari Kusuma Lathifah Lathifah Maratus Soleha Moh Safril Muh. Septian Ade Pratama Muhammad Bambang Muhammad Bambang Firdaus Muhammad Fikri Anshori Muhammad Firdaus Muhammad Safar Nataniel Dengen Nurfaizi Amin Nurwijayanti Pakpahan, Herman Santoso Paroliyan, Abraham Pohny Pohny Pradinata, Muhammad Aji Prafanto, Anton Prawira, Muhammad Nanda Puspitasari, Novianti Putra, Gubtha Mahendra Putut Pamilih Widagdo Randi Saputra Rendy Ramadhan Reza Wardhana Rofilde Hasudungan Roosevelt Watulingas, Jefferson Rosmasari Rosmasari Ryan Afriadi Whardana Saputra, Riska Adi Setyadi, Hario Jati Setyadi, Hario Jati soleha, leha Solly Aryza Syahputra, Andra Taruk, Medi Taufik Dwi Wahyu Putra Tejawati, Andi Ummul Hairah Usfandi Haryaka Wage Jason Wati, Masna Wawan Firmansyah Widians, Joan Angelina Yudi Kurniawan Yuniar Rahayu