Patent · US Active

Recommendation of insurance products based on an inventory analysis

US10467700B1 · kind B1 · utility

4Cited by
38References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateOct 28, 2013
Grant dateNov 5, 2019
Priority date
Expiry dateMay 9, 2034

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

Systems and methods may provide for generating, maintaining, and using an inventory for insurance purposes. An optimized inventory analysis server may generate and maintain user profile information for determining a demographic classification of each user associated with an inventory. A demographic classification for a given user may be used along with data related to items owned by other users to determine one or more items for recommendation to the given user. Details associated with existing insurance coverage levels may also be used to recommend new insurance products to the user. In addition, the optimized inventory analysis server may determine a depreciated value of each item within an inventory. These values may be used to assess loss and settle an insurance claim for damage to one or more of the items in the inventory.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.