INSURANCE PRODUCT, RATING SYSTEM AND METHOD

Patent №

US 8,554,589

Granted

2013-10-08

Filed 2012

Owner

—

Lab

—

AI components

planning

Assignment

None on record

Dataset

AIPD

2023_r1 edition

Application

13458505

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In the present invention, an insurance product, rating system and method generally relates to a rating and pricing system for quantifying the risk that the annual savings will not fall below specified levels associated with implementing and maintaining economic improvements. The product, system and method can be applied to various industries, including, power generation, petro-chemical, manufacturing and refining facilities. Various embodiments disclosed herein relate to a method for pricing an insurance policy for insuring a minimum level of return on investment.

PlanningG06Q 40/08Y04S 10/50

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Natural language0.09

Evolutionary computation0.04

Speech0.02

Knowledge representation0.01

Machine learning0.00

AI hardware0.00

Vision0.00

Cited by (9)

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