Patent · US Active

Computing device for machine learning based risk analysis

US11354749B2 · kind B2 · utility

2Cited by
3References
19Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 27, 2017
Grant dateJun 7, 2022
Priority date
Expiry dateSep 2, 2039

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/02
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

Described herein is computing device for machine learning based risk analysis and decision automation in intelligent underwriting. In accordance with one aspect of the framework, input data of underwriting cases is preprocessed and used to train a predictive model. The predictive model may be cross-validated and tested for accuracy. The predictive model may then be applied to a current underwriting case in order to automatically identify and assess associated risks and provide a decision recommendation.

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