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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 Achmad Fanany Onnilita Gaffar Achmad Fanany Onnilita Gaffar Adnan, Adam Agus Soepriyadi Ahmad Hijazi, Mohd Hanafi Ahmad Jawahir Ahmad Jawahir Aiman, Ahmad Zuhair Nur Aina Musdholifah Aji Prasetya Wibawa Akhmad Masyudi Alfiansyah, M Nur Ali Sholihin Allo, Adriati Manuk Anam, M Khairul Anggari, Ricky Anindita Septiarini, Anindita Anton Prafanto Arda Yunianta Arda Yunianta Arif Bramantoro Arif Harjanto Arinda Mulawardani Kustiawan Astuti, Wistiani Aulia Rahman Awang Harsa Kridalaksana Bambang Nur Basuki Bangkit Bekti Nurdianto Basuki, Nur Bambang Brins Leonard Pailan Budiman, Edy Burhandenny, Aji Ery Cahyani, Oktari Indi Cholisah Erman Hasihi Chrisman Bonor Sinaga Darwis, Herdianti Davina Putri Ananta Dedy Cahyadi Dedy Mirwansyah Delvina Dwiani Samjar Dhanar Intan Surya Saputra Dhanar Intan Surya Saputra Didit Suprihanto, Didit Dinda Izmya Nurpadillah Djoko Setyadi Dwiyanto, Felix Andika Efrizoni, Lusiana Fahrul Agus Fatkhul Hani Rumawan Fauzan, Ammar Nabil Faza Alameka Fazma Urmila Jannah Helmi Puadi Firdaus, Ardhifa Firdaus, Muhammad Bambang Fui Fui, Ching Fui, Ching Fui Gaffar, Emmilya Umma Aziza Gubtha Mahendra Putra Gubtha Mahendra Putra Gultom, Tiopan Hendry Manto Hairah, Ummul Hamdani Hamdani Hatta, Heliza Rahmania Heliza Rahmania Hatta, Heliza Rahmania Helmi Puadi, Fazma Urmila Jannah Herdianti Darwis Herlina Jayadiyanti Hery Widijanto Hijazi, Mohd Hanafi Ahmad Hijratul Aini Hijratul Aini Huzain Azis Ibrahim, Muhammad Rivani Ifandi, Muhammad Imam Tahyudin Imam Tahyudin Irwan Gani Islamiyah Islamiyah Islamiyah Islamiyah Iwan Muhamad Ramdan Izdihar, Zahra Nabila Jainuddin Jainuddin Jayadiyanti, Herlina Julius Rinaldi Simanungkalit Kesuma, Muhammad Afrizal Kim On, Chin Leong, Jing Mei Lilik Hendrajaya Malani, Rheo Maratus Soleha Masyudi, Akhmad Mega Yoalifa Ming Foey Teng Mohd Shahizan Othman Mohd Shahizan Othman Mualin Renaldy Setiabudi Muhammad Bambang Muhammad Rafif Hanif Muhammad Soleh Muhammad Sultan, Muhammad Muhammad Syarif Abdillah Nafalski, Andrew Nataniel Dengen Ngurah Satria Darmawangsa Ni’mah Moham Norazah Yusof Novianti Puspitasari Nugraha, Cellia Auzia Nugroho, Basuki Rahmat Nurfaizi Amin Olivia Angelica Murtioso Omar Mohammed Barukab Omar Obarukab Norazah Yusof Othman, Mohd Shahizan Pakpahan, Herman Santoso Paroliyan, Abraham Pradinata, Muhammad Aji Prafanto, Anton Pratama, Arief Ardi Prawira, Muhammad Nanda Purnawansyah Purnawansyah Puspitasari, Novianti Putut Pamilih Widagdo, Putut Pamilih Qonita, Adiba Rahayu, Ervina Raja, Roesman Ridwan Rayner Alfred Rayner Alfred Rayner Alfred Rayner Alfred Rayner Alfred Rayner Alfred Rendy Ramadhan Rima Yustika Hasnida Saputra, Irzan Tri Sarjon Defit Saudi, Azali Setyadi, Hario Jati Simanungkalit, Julius Rinaldi Sitompul, Tua Delima Soepriyadi, Agus Suryani Junita Patandianan Sutikno Sutikno Suwardi Gunawan Taruk, Medi Tindik, Emmanuel Steward Triyanna Widiyaningtyas Triyanna Widyaningtyas Triyanna Widyaningtyas, Triyanna Utama, Agung Bella Putra Utomo Pujianto Vina Zahrotun Kamila Wandi, Faizul Anwar Wati, Masna Wei, Toh Yin Widians, Joan Angelina Wong, Kelvin Yahya, Fiqri Khaidar Yudi Sukmono, Yudi Yulita Salim Yunianta, Arda Yusof, Omar Obarukab Norazah Zainal Arifin Zainal Arifin