System and method for use of carbon emissions in characterizing driver performance

US10657598B2 · kind B2 · utility

Assignee

• Scope Technologies Holdings Limited · VG

Inventors

• Samuel Lavie · Johannesburg, ZA
• Johann Van Den Bergh · Johannesburg, ZA
• Gil Fuchs · Woodside, US
• Friedl Jacobs · Johannesburg, ZA

Key dates

• Filing date: Apr 10, 2013
• Grant date: May 19, 2020
• Expiry date: Apr 10, 2033

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/08
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A system and method for use of carbon emissions in characterizing driver performance and using such characterization to determine a profile/score associated with a particular insured. The profile/score can then be used to determine an insurance premium for the insured. In accordance with an embodiment, a driver can use a portable device equipped with a data collection and assessment environment, including one or more data collection devices that can be used to capture data and information or otherwise measure the carbon emissions associated with a vehicle. A framework (system) can receive information about the driver's driving profile, and use this information either to determine an insurance quote, or act as a broker/aggregator in inviting other insurance providers to offer an insurance quote, or usage based insurance quote (UBI).