AUTOMATED REGULATORY COMPLIANCE FOR INSURANCE

Patent №

US 11,620,713

Granted

2023-04-04

Filed 2017

Owner

ACCENTURE GLOBAL SOLUTIONS LIMITED

Lab

AI components

4

ml · kr · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

15725540

Methods, systems, and apparatus, including computer programs encoded on a computer storage medium, are described that enable identifying an insurance information associated with a property, retrieving one or more compliance rules related to the insurance information, automatically determining, based on the one or more compliance rules, whether the insurance information has a compliant status or a non-compliant status, in response to determining that the insurance information has the non-compliant status, processing the insurance information, based on one or more exception rules, to generate an exception waiver including a plurality of waiver parameters, applying the plurality of waiver parameters to a waiver model to determine a waiver confidence score, and based on the waiver confidence score selectively generate an insurance certificate for the property.

AI classification

Planning1.00
Knowledge representation1.00
Machine learning0.97
AI hardware0.95
Natural language0.25
Vision0.09
Evolutionary computation0.01
Speech0.00

Ownership

ACCENTURE GLOBAL SOLUTIONS LIMITED

assignment · 438030395

Assignors

ASHLY, PETER, RAJAGOPALAN, SRINIVASAN KRISHNAN, KAMALAKANNAN, VENKATESAN, PRAKASH, ANAND YESURAJ, CHANDRAN, MANIKANDAN, PARAMASIVAN, THANGARAJ, JALAJAM, SIVASUBRAMANIAN ARUMUGAM, MUTHU, LOGANATHAN, VARGHESE, VINU, VISWANATHAN, KUMAR

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

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