Patent · US Active

System and method for geocoded insurance processing using mobile devices

US9558520B2 · kind B2 · utility

124Cited by
23References
24Claims
0Family size

Assignee

Inventors

Key dates

Filing dateApr 5, 2010
Grant dateJan 31, 2017
Priority date
Expiry dateFeb 11, 2032

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG16H40/67
  • WIPO fieldMedical technology
  • WIPO sectorInstruments

Abstract

Pursuant to some embodiments, insurance systems, methods and devices are provided which include a data storage device for storing, updating and providing access to loss risk score data, a computer processor for executing program instructions and for retrieving the loss risk score data from the data storage device, a memory, coupled to the computer processor, for storing program instructions for execution by the computer processor, a geocoding engine comprising program instructions stored in the memory for geocoding historical loss data and a plurality of loss risk factors, a scoring engine comprising program instructions stored in the memory for calculating a loss risk score for each of a plurality of geographical locations based on said historical loss data and said plurality of loss risk factors, and a communication device, coupled to the computer processor, to output loss risk score data based on geographical location.

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