PROCESS FOR DETERMINING A CONFIDENCE FACTOR FOR INSURANCE UNDERWRITING SUITABLE FOR USE BY AN AUTOMATED SYSTEM
Patent №
US 8,005,693
Granted
2011-08-23
Filed 2002
Owner
GE FINANCIAL ASSURANCE HOLDINGS, INC.
+1 more
Lab
—
AI components
5
ml · kr · planning · evo · hardware
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10171572
A process is described for evaluating the decision-making confidence of a process and system for at least a partial underwriting of insurance policies where placement of an insurance application to an underwriting category is based on its similarity to previous insurance applications. The confidence factor computed is a measure of the correctness of the decision for a given application for insurance.
AI classification
Ownership
GE FINANCIAL ASSURANCE HOLDINGS, INC.
assignment · 130170285
GENWORTH FINANCIAL, INC.
assignment · 151660085
Assignors
BONISSONE, PIERO PATRONE, CHEETHAM, WILLAIM ESTEL
On an employer assignment, the assignors are typically the inventors.