Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2011-05-17
2011-05-17
Apple, Kirsten S (Department: 3694)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S004000
Reexamination Certificate
active
07945497
ABSTRACT:
The invention relates to a system for handling insurance requests, such as new coverage applications, renewal applications, and insurance quote requests. The system includes at least two computerized predictive models whose outputs each serve as inputs to the other. A business logic module is included in the system to process insurance requests with the predictive models to determine one or more sets of recommended policy parameters for the user and to output the determination to the user via a user interface. In various embodiments, the predictive models also output workflow components (such as underwriting workflow components) and price components (such as premium prices) corresponding to output suggested sets of coverage parameters.
REFERENCES:
patent: 5613072 (1997-03-01), Hammond et al.
patent: 5712984 (1998-01-01), Hammond et al.
patent: 5796932 (1998-08-01), Fox et al.
patent: 5926800 (1999-07-01), Baronowski et al.
patent: 5950150 (1999-09-01), Lloyd et al.
patent: 5970464 (1999-10-01), Apte et al.
patent: 6014632 (2000-01-01), Gamble et al.
patent: 6067488 (2000-05-01), Tano
patent: 6078857 (2000-06-01), Jung et al.
patent: 6112225 (2000-08-01), Kraft et al.
patent: 6154658 (2000-11-01), Caci
patent: 6163770 (2000-12-01), Gamble et al.
patent: 6204757 (2001-03-01), Evans et al.
patent: 6246934 (2001-06-01), Otake et al.
patent: 6438547 (2002-08-01), Mehr et al.
patent: 6594579 (2003-07-01), Lowrey et al.
patent: 6611740 (2003-08-01), Lowrey et al.
patent: 6643578 (2003-11-01), Levine
patent: 6710738 (2004-03-01), Allen, Jr.
patent: 6756915 (2004-06-01), Choi
patent: 6768417 (2004-07-01), Kuragaki et al.
patent: 6832141 (2004-12-01), Skeen et al.
patent: 6839305 (2005-01-01), Perlman et al.
patent: 6853956 (2005-02-01), Ballard, Jr. et al.
patent: 6917952 (2005-07-01), Dailey et al.
patent: 6920379 (2005-07-01), Miyamoto
patent: 6925425 (2005-08-01), Remboski et al.
patent: 6957133 (2005-10-01), Hunt et al.
patent: 6959296 (2005-10-01), Reiss
patent: 6965326 (2005-11-01), Allison
patent: 6973319 (2005-12-01), Ormson
patent: 6977612 (2005-12-01), Bennett
patent: 6985922 (2006-01-01), Bashen et al.
patent: 7007245 (2006-02-01), D'Souza et al.
patent: 7039592 (2006-05-01), Yegge et al.
patent: 7072841 (2006-07-01), Pednault
patent: 7215255 (2007-05-01), Grush
patent: 7702615 (2010-04-01), Delurgio et al.
patent: 2001/0020229 (2001-09-01), Lash
patent: 2002/0010598 (2002-01-01), Johnson et al.
patent: 2002/0072958 (2002-06-01), Yuyama et al.
patent: 2002/0099596 (2002-07-01), Geraghty
patent: 2002/0147617 (2002-10-01), Schoenbaum et al.
patent: 2002/0161609 (2002-10-01), Zizzamia et al.
patent: 2002/0173885 (2002-11-01), Lowrey et al.
patent: 2002/0194113 (2002-12-01), Lof et al.
patent: 2002/0198801 (2002-12-01), Dixon et al.
patent: 2003/0028406 (2003-02-01), Herz et al.
patent: 2003/0061075 (2003-03-01), Heckman et al.
patent: 2003/0097330 (2003-05-01), Hillmer et al.
patent: 2003/0101080 (2003-05-01), Zizzamia et al.
patent: 2003/0105651 (2003-06-01), Gendelman
patent: 2003/0167191 (2003-09-01), Slabonik et al.
patent: 2003/0171956 (2003-09-01), Cox et al.
patent: 2004/0103002 (2004-05-01), Colley et al.
patent: 2004/0128147 (2004-07-01), Vallinayagam et al.
patent: 2004/0133439 (2004-07-01), Noetzold et al.
patent: 2004/0138927 (2004-07-01), Eydeland et al.
patent: 2004/0153362 (2004-08-01), Bauer et al.
patent: 2004/0186753 (2004-09-01), Kim et al.
patent: 2004/0199410 (2004-10-01), Feyen et al.
patent: 2004/0220784 (2004-11-01), Stephenson et al.
patent: 2004/0220837 (2004-11-01), Bonissone et al.
patent: 2004/0220838 (2004-11-01), Bonissone et al.
patent: 2004/0220839 (2004-11-01), Bonissone et al.
patent: 2004/0220840 (2004-11-01), Bonissone et al.
patent: 2004/0230459 (2004-11-01), Dordick et al.
patent: 2004/0236611 (2004-11-01), Bonissone et al.
patent: 2004/0236676 (2004-11-01), Takezawa et al.
patent: 2004/0249557 (2004-12-01), Harrington et al.
patent: 2004/0249679 (2004-12-01), Henderson et al.
patent: 2005/0055248 (2005-03-01), Helitzer et al.
patent: 2005/0055249 (2005-03-01), Helitzer et al.
patent: 2005/0060141 (2005-03-01), Suzuki et al.
patent: 2005/0060207 (2005-03-01), Weidner et al.
patent: 2005/0070299 (2005-03-01), Caspi et al.
patent: 2005/0091080 (2005-04-01), Biats
patent: 2005/0091085 (2005-04-01), Colley et al.
patent: 2005/0108063 (2005-05-01), Madill et al.
patent: 2005/0108066 (2005-05-01), Weidner et al.
patent: 2005/0125213 (2005-06-01), Chen et al.
patent: 2005/0125259 (2005-06-01), Annappindi
patent: 2005/0131742 (2005-06-01), Hoffman et al.
patent: 2005/0137912 (2005-06-01), Rao et al.
patent: 2005/0171885 (2005-08-01), Christman et al.
patent: 2005/0192850 (2005-09-01), Lorenz
patent: 2005/0203828 (2005-09-01), Lyakovetsky
patent: 2005/0222867 (2005-10-01), Underwood et al.
patent: 2005/0228692 (2005-10-01), Hodgdon
patent: 2005/0234742 (2005-10-01), Hodgdon
patent: 2005/0240451 (2005-10-01), Johnson et al.
patent: 2005/0262039 (2005-11-01), Kreulen et al.
patent: 2005/0276401 (2005-12-01), Madill et al.
patent: 2006/0009289 (2006-01-01), McCarten et al.
patent: 2006/0015253 (2006-01-01), Ochs et al.
patent: 2006/0015360 (2006-01-01), Ochs et al.
patent: 2006/0015373 (2006-01-01), Cuypers
patent: 2006/0015374 (2006-01-01), Ochs et al.
patent: 2006/0053038 (2006-03-01), Warren et al.
patent: 2006/0064332 (2006-03-01), Schoenbaum et al.
patent: 2006/0136273 (2006-06-01), Zizzamia et al.
patent: 2006/0187889 (2006-08-01), Mehta et al.
patent: 2006/0242046 (2006-10-01), Haggerty et al.
patent: 2006/0259333 (2006-11-01), Pyburn
patent: 2006/0287892 (2006-12-01), Jones et al.
patent: 2007/0016500 (2007-01-01), Chatterji et al.
patent: 2007/0016508 (2007-01-01), Lapointe et al.
patent: 2007/0016542 (2007-01-01), Rosauer et al.
patent: 2007/0021987 (2007-01-01), Binns et al.
patent: 2007/0027725 (2007-02-01), Dirnberger et al.
patent: 2007/0027726 (2007-02-01), Warren et al.
patent: 2007/0043656 (2007-02-01), Lancaster
patent: 2007/0043662 (2007-02-01), Lancaster
patent: 2007/0100669 (2007-05-01), Wargin et al.
patent: 2007/0106539 (2007-05-01), Gay
patent: 2007/0118399 (2007-05-01), Avinash et al.
patent: 2008/0040676 (2008-02-01), Garg et al.
patent: 2008/0126138 (2008-05-01), Cherney et al.
patent: 2008/0236177 (2008-10-01), Senba et al.
patent: WO-01/13295 (2001-02-01), None
Weizhong Yan, “Designing a Neural Network Decision System for Automated Insurance Underwriting,” Int'l Joint Conference on Neural Networks, Jul. 2006, pp. 1-8.
D'Arcy, Stephen P. Paper presented at World Risk and Insurance Economics Congress. Predictive Modeling in Automobile Insurance: A Preliminary Analysis. (2005).
Derrig et al. Comparison of Methods and Software for Modeling Nonlinear Dependencies: A Fraud Application. (2006).
Grimes, Seth. The Word on Text Mining. Presentation. Portals, Collaboration, and Content Management. (Apr. 14, 2005).
Pednault et al. IBM Research Report RC-21757. The Importance of Estimation Errors in Cost-Sensitive Learning. (May 30, 2000).
Rosenberg et al. Predictive Modeling with Longitudinal Data: A Case Study of Wisconsin Nursing Homes. (Feb. 4, 2006).
Hong, S.J. et al. IBM Research Report RC-21570. Advances in Predictive Model Generation for Data Mining. (1999).
Woodfield, Terry J. Paper 071-30. Predicting Workers' Compensation Insurance Fraud Using SAS® Enterprise Miner™ 5.1 and SAS® Text Miner. 2004.
Pednault et al. IBM Research Report RC-21731. Handling Imbalanced Data Sets in Insurance Risk Modeling. (Mar. 10, 2000).
Axelrod et al. Predictive Modeling in Health Plans. Abstract from Disease Management & Health Outcomes, 11:779-87(9). (Nov. 2003).
Wu et al. Paper. Casualty Actuarial Society Forum. pp. 113-138. Does Credit Score Really Explain Insurance Losses? Multivariate Analysis from a Data Mining Point of View. 2003.
Conger et al. Emphasis Apr. 2006. Predictive Modeling in Workers Compensation. pp. 18-21.
Apte et al. Data-intensive analytics for predictive modeling. IBM Journal of Research and Development. 47:1, 17-23 (Jan. 2003).
Apte et al. A probabilistic estimation framework for predic
Besman Eric
Kenefick Timothy P.
Murphy Theresa C.
Apple Kirsten S
Basit Abdul
Hartford Fire Insurance Company
Ropes & Gray LLP
LandOfFree
System and method for utilizing interrelated computerized... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with System and method for utilizing interrelated computerized..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and System and method for utilizing interrelated computerized... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2705160