UTILIZING CREDIT AND INFORMATIC DATA FOR INSURANCE UNDERWRITING PURPOSES

Patent №

US 10,614,525

Granted

2020-04-07

Filed 2017

Owner

UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA)

Lab

—

AI components

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

15807735

View graph

A computer device and method for processing risk or loss related data to determine insurance underwriting, pricing, or other decisions contingent upon informatic and credit score data. An insurance underwriting decision is identified which is to be rendered regarding an insured. Informatic data is received from one or more of an insured property and vehicle associated with the insured. Credit score data relating to the insured is also received. Analytics is performed on the received informatic data and credit score data to determine the insurance underwriting, pricing, or other decision.

Knowledge representation PlanningG06Q 40/08G06Q 40/03

Google Patents

AI classification

Planning1.00

Knowledge representation0.54

Machine learning0.15

Speech0.04

AI hardware0.03

Natural language0.01

Vision0.01

Evolutionary computation0.00

Ownership

UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA)

assignment · 441020426

Assignors

DEVEREAUX, RAMSEY, FRANCK, DAVID S., MORITZ, KAREN M., READ, SPENCER, WHEELER, DANIELA, VAITH, ERIC, MCCAW, ERIN E., NORMAN, CHRISTOPHER, HEALY, JODI J., PRASAD, BHARAT, SWAIN, KATHLEEN L., ALLEN, MICHAEL J.

On an employer assignment, the assignors are typically the inventors.

From the same owner

METHODS AND SYSTEMS FOR ELECTRONIC GENERATION OF NARRATIVESUS 12,681,955 · 2026 SYSTEMS AND METHODS FOR DETERMINING LIKELIHOOD OF TRAFFIC INCIDENT INFORMATIONUS 12,682,662 · 2026 SYSTEMS AND METHODS FOR DETECTING KEYBOARD CHARACTERISTICSUS 12,676,877 · 2026 SYSTEMS AND METHODS FOR INTERACTIVE SCHEDULINGUS 12,664,521 · 2026 MSR STAFFING USING AUGMENTED ANALYTICSUS 12,645,977 · 2026 SYSTEM AND METHOD FOR MOBILE CHECK DEPOSIT ENABLING AUTO-CAPTURE FUNCTIONALITY VIA VIDEO FRAME PROCESSINGUS 12,632,899 · 2026 Machine-Learning for Enhanced Machine Reading of Non-Ideal Capture ConditionsUS 12,626,322 · 2026 SYSTEMS AND METHODS FOR REMOTE DEPOSIT OF CHECKSUS 12,626,526 · 2026

Cites (116)

DETERMINING AND INITIATING INSURANCE CLAIM EVENTSUS 10,181,159 · 2019 SYSTEMS AND METHODS FOR UTILIZING IMAGING INFORMATICSUS 10,163,162 · 2018 INSURANCE POLICY ALTERATIONS USING INFORMATIC SENSOR DATAUS 10,121,207 · 2018 SYSTEMS AND METHODS FOR MANAGING INSURANCE FOR DEVICES LOCATED WITHIN A PROPERTY BASED ON INSURANCE-RELATED EVENTSUS 10,055,793 · 2018 DETERMINING AUTONOMOUS VEHICLE TECHNOLOGY PERFORMANCE FOR INSURANCE PRICING AND OFFERINGUS 10,055,794 · 2018 SYSTEM AND METHOD TO DETERMINE INSURANCE MITIGATION ACTIONS BASED ON INFORMATIC DATAUS 9,984,417 · 2018 PROPERTY MANAGEMENT ON A SMARTPHONEUS 9,959,581 · 2018 IDENTIFYING AND RECOMMENDING INSURANCE POLICY PRODUCTS/SERVICES USING INFORMATIC SENSOR DATAUS 9,947,051 · 2018 SYSTEM AND METHOD FOR REPORTING THE EXISTENCE OF SENSORS BELONGING TO MULTIPLE ORGANIZATIONSUS 9,934,675 · 2018 SYSTEMS AND METHODS FOR COMMUNITY-BASED CAUSE OF LOSS DETERMINATIONUS 9,892,463 · 2018 DETERMINING APPLIANCE INSURANCE COVERAGE/PRODUCTS USING INFORMATIC SENSOR DATAUS 9,886,723 · 2018 INVENTORYING ITEMS USING IMAGE DATAUS 9,842,310 · 2017 UTILIZING CREDIT AND INFORMATIC DATA FOR INSURANCE UNDERWRITING PURPOSESUS 9,818,158 · 2017 DETERMINING RISKS RELATED TO ACTIVITIES ON INSURED PROPERTIES USING INFORMATIC SENSOR DATAUS 9,811,862 · 2017 FAULT DETERMINATION WITH AUTONOMOUS FEATURE USE MONITORINGUS 9,792,656 · 2017 AUTONOMOUS VEHICLE OPERATION FEATURE MONITORING AND EVALUATION OF EFFECTIVENESSUS 9,754,325 · 2017 INTEGRATED ASSET MANAGEMENTUS 9,747,571 · 2017 INSURANCE POLICY ALTERATIONS USING INFORMATIC SENSOR DATAUS 9,710,858 · 2017 MULTIPLE PRODUCT QUOTINGUS 9,652,805 · 2017 MOBILE COMPUTING DEVICE-BASED GUIDANCE NAVIGATION AND CONTROL FOR UNMANNED AERIAL VEHICLES AND ROBOTIC SYSTEMSUS 9,611,038 · 2017 INTEGRATED HAZARD RISK MANAGEMENT AND MITIGATION SYSTEMUS 9,613,523 · 2017 APPARATUS AND METHOD EMPLOYING AUTONOMOUS VEHICLES TO REDUCE RISKUS 9,481,459 · 2016 SYSTEM AND METHOD FOR AN AUTOMATED VALIDATION SYSTEMUS 9,460,471 · 2016 IMPLEMENTATION OF A WEB SCALE DATA FABRICUS 9,363,322 · 2016 LOW NUISANCE FAST RESPONSE HAZARD ALARMUS 9,330,550 · 2016

and 91 more

Cited by (3)

SENSOR SYSTEMS AND METHODS FOR EVALUATING ACTIVITYUS 11,748,819 · 2023 Intelligent Loan Recommendation AgentUS 11,734,754 · 2023 SYSTEMS AND METHODS FOR UTILIZING TELEMATICS DATAUS 10,878,509 · 2020

Related research

Cognitive Data UnderwritingOpenAlex Reimagining Underwriting Accuracy Through AI-Driven Risk Scoring ModelsOpenAlex DETECTION AND INVESTIGATION OF SUSPICIOUS INSURANCE CLAIMS USING DATA-DRIVEN APPROACHESOpenAlex INSURANCE DEVELOPMENTS IN THE LIGHT OF DATA USESemantic Scholar The Use of Predictive Analytics in Insurance Risk AssessmentOpenAlex

Full text

Google Patents