Virtual underwriting and adjustment tool
AssigneesNearmap US, Inc., Nearmap Australia Pty Ltd.
InventorsMichael BEWLEY, Jason JANOFSKY, David TOBIAS, Tom CELINSKI, Jason BONNER
Life of this patent
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Abstract
A system utilizing artificial intelligence use and AI model to process property data that includes image data and non-imagery data to generate AI attributes associated with the property and receiving data from a plurality of different data sources, the system normalizing the AI attributes and the data from a plurality of different data sources and using them to automatically make decisions relating to underwriting and claims adjustments based on comparison to underwriting or adjustment rules.
Claims19
A system for processing data and rules used by an insurance company for underwriting to automatically extract and validate a rules data set with an Artificial Intelligence (AI) module for use in evaluating a property comprising:
- a system computer including a storage and having a network connection with the AI module executing thereon;
- said system computer receiving a first data set corresponding to rules used by the insurance company for underwriting, the first data set comprising a first data format;
- said system computer generating a second data set based on the first data set, the second data set having a second data format that is different from the first data format;
- said system computer accessible by a user computer via the network connection, the software including an Application Programming Interface (API) or a User Interface (UI) adapted to allow a user to access the system computer;
- said system computer adapted to receive data relating to an identification of a property and a request associated with the property from a user via the API or UI;
- said system computer receiving a third data set comprising data relating to the property;
- and
- said AI module analyzing the third data set relative to the second data set to generate an output recommending an action to be taken by the user based on the analysis.
Dependencies are inferred from the claim text.