Patent · US Active

Method, computer program product, and system for risk management

US8010387B2 · kind B2 · utility

15Cited by
1References
68Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJun 4, 2004
Grant dateAug 30, 2011
Priority date
Expiry dateJan 9, 2029

Classification

  • Technology area (CPC Y)Emerging Cross-Sectional Technologies
  • CPC primaryY02A10/40
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

The present invention comprises a method, computer program product, and system for risk management. The present invention includes calculating a statistic of loss per unit time, the statistic being a product of a site loss parameter and a loss given a loss-basis event. The site loss parameter is a site casualty parameter and/or a site economic parameter, while the loss-basis event is a casualty-basis event and/or an economic-basis event, non-limiting examples of which include an earthquake, flooding, wind, and blast pressure.

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