The insurance company uses different factors to classify the policyholders. In this study, we apply several machine learning models such as nearest neighbour and logistic regression to the Actuarial Challenge dataset used by Qazvini (2019) to classify liability insurance policies into two groups: 1 - policies with claims and 2 - policies without claims. The applications of Machine Learning (ML) models and Artificial Intelligence (AI) in areas such as medical diagnosis, economics, banking, fraud detection, agriculture, etc, have been known for quite a number of years. ML models have changed these industries remarkably. However, despite their high predictive power and their capability to identify nonlinear transformations and interactions between variables, they are slowly being introduced into the insurance industry and actuarial fields.

In this paper, we formulate the problem of predicting a geolocation from free text as a sequence-to-sequence problem. Using this formulation, we obtain a geocoding model by training a T5 encoder-decoder transformer model using free text as an input and geolocation as an output. The geocoding model was trained on geo-tagged wikidump data with adaptive cell partitioning for the geolocation representation. All of the code including Rest-based application, dataset and model checkpoints used in this work are publicly available.