Insurance policy alterations using informatic sensor data

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 9710858
SERIAL NO

14251404

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Abstract

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A computer device and method for processing risk related data to affect changes to an insurance policy whereby one or more terms of an insurance policy associated with an insured and informatic data from a plurality of sensor devices are received by a computer processor. Analysis is performed on the received informatic data to determine a risk assessment value regarding the insured and/or other risks relevant to the insurance policy, such as a dwelling. Predefined business rules are then applied using at least the determined risk assessment value to determine if conditions have been met to allow or require modification of the insurance policy whereafter modification of one or more terms of the insurance policy is performed if the insurance policy associated with the insured permits modification.

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Patent Owner(s)

  • UNITED SERVICES AUTOMOBILE ASSOCIATION;UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA)

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Allen, Michael J San Antonio, US 120 2404
Devereaux, Ramsey San Antonio, US 60 1036
Franck, David S San Antonio, US 35 853
Jackson, Ina L Schertz, US 4 101
Read, Spencer Helotes, US 45 997
Swain, Kathleen L Peoria, US 51 1122
Uribe, Traci K San Antonio, US 4 101
Wheeler, Daniela Boerne, US 32 609

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