SYSTEM AND METHOD FOR PREDICTING AND RESPONDING TO LIKELIHOOD OF VOLATILITY

Patent №

US 8,359,209

Granted

2013-01-22

Filed 2007

Owner

HARTFORD FIRE INSURANCE COMPANY

Lab

AI components

4

ml · kr · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12004390

The invention relates generally to data analysis, and to systems and methods for the computation of the volatility of a loss. The system comprises a module for receiving a data parameter, a database for storing the parameter, a computerized predictive model, and a business logic processor for executing the predictive model. The volatility is used to, among other things, determine an appropriate work flow for handling the loss.

AI classification

Planning1.00
AI hardware0.99
Knowledge representation0.96
Machine learning0.96
Natural language0.10
Evolutionary computation0.00
Vision0.00
Speech0.00

Ownership

HARTFORD FIRE INSURANCE COMPANY

assignment · 203340117

Assignors

MCLAUGHLIN, KELLY J., BELHE, UPENDRA D., GODDU, GREGORY PAUL, MOHANTY, NATALIE, MAURER, KATHLEEN F.

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

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