Computing device for machine learning based risk analysis
US11354749B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Apr 27, 2017 |
| Grant date | Jun 7, 2022 |
| Priority date | — |
| Expiry date | Sep 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.