US 9,558,520 B2Granted

System and method for geocoded insurance processing using mobile devices

AssigneeHartford Fire Insurance Company

InventorsDavid F. Peak, Andrew J. Amigo, Richard M. Borden, Keven J. Busque, Eugene J. Walters

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Abstract

Pursuant to some embodiments, insurance systems, methods and devices are provided which include a data storage device for storing, updating and providing access to loss risk score data, a computer processor for executing program instructions and for retrieving the loss risk score data from the data storage device, a memory, coupled to the computer processor, for storing program instructions for execution by the computer processor, a geocoding engine comprising program instructions stored in the memory for geocoding historical loss data and a plurality of loss risk factors, a scoring engine comprising program instructions stored in the memory for calculating a loss risk score for each of a plurality of geographical locations based on said historical loss data and said plurality of loss risk factors, and a communication device, coupled to the computer processor, to output loss risk score data based on geographical location.

Claims24

Dependent claims

A computer system for facilitating of vehicle routing with reduced risk, comprising:

a data storage device for storing, updating and providing access to vehicle loss risk score data;
a computer processor for executing program instructions and for retrieving the vehicle loss risk score data from the data storage device;
a memory, coupled to the computer processor, for storing program instructions for execution by the computer processor;
a geocoding engine comprising program instructions stored in the memory for geocoding historical loss data, current vehicle loss data, and a plurality of vehicle loss risk factors;
a scoring engine comprising program instructions stored in the memory for calculating a vehicle loss risk score for each of a plurality of geographical locations based on said historical loss data, said current loss data, and said plurality of vehicle loss risk factors, including computing a result of an algorithm including as factors an average claim severity, an average claim frequency, a population density, and day of week risk factor, wherein said vehicle loss risk score for each of said plurality of geographical locations is stored in said data storage device;
a communication device, coupled to the computer processor, to (i) receive actual trip route data automatically generated and transmitted by a plurality of mobile devices, the trip route data generated by GPS receivers and accelerometers, associated with a driver, the actual trip route data including a set of geographical locations through which the mobile device traveled over a period of time;
(ii) receive the current loss data comprising new vehicle loss claim data and accident event data;
and (iii) output vehicle loss risk score data,
one or more application programming interfaces configured to expose some or all of the scoring data to an external mapping service to facilitate route selection based on mapping data from the external mapping service,
the received actual trip route data and the loss risk scores associated with said set of geographical locations;
and
a display device to display routing options for selection based on the vehicle loss risk scores.

9 more elements

A computer-implemented method for facilitating vehicle routing with reduced risk, comprising:

retrieving vehicle loss risk score data from a data storage device;
geocoding, by a geocoding engine computer processor, historical loss data, current loss data, and a plurality of loss risk factors;
calculating, by a scoring engine, a vehicle loss risk score for each of a plurality of geographical locations based on said historical loss data, the current loss data, and said plurality of loss risk factors, including computing a result of an algorithm including as factors an average claim severity, an average claim frequency, and a day of week risk factor, wherein said vehicle loss risk score for each of said plurality of geographical locations is stored in said data storage device;
receiving, by a communication device, actual trip route data automatically generated and transmitted by a plurality of mobile devices, the trip route data generated by GPS receivers and accelerometers, associated with drivers, the actual trip route data including a set of geographical locations through which the mobile device traveled over a period of time, and the current loss data comprising new loss claim data and accident event data;
outputting, by the communication device, vehicle loss risk score data,
via one or more application programming interfaces exposing some or all of the scoring data to an external mapping service to facilitate route selection based on mapping data from the external mapping service,
the received actual trip route data and the vehicle loss risk scores associated with said set of geographical locations;
and
displaying on a display device routing options and vehicle loss risk score data associated with the routing options.

6 more elements

A non-transitory, computer-readable medium storing program instructions adapted to be executed by a computer processor to perform a method for facilitating vehicle routing with reduced risk, said method comprising:

retrieving vehicle loss risk score data from a data storage device;
geocoding, by a geocoding engine computer processor, historical loss data, current loss data comprising new loss claim data and accident event data, and a plurality of vehicle loss risk factors;
calculating, by a scoring engine, a vehicle loss risk score for each of a plurality of geographical locations based on said historical loss data and said plurality of loss risk factors, including computing a result of an algorithm including as factors an average claim severity, an average claim frequency, and a day of week risk factor, wherein said loss risk score for each of said plurality of geographical locations is stored in said data storage device;
receiving, by a communication device, actual trip route data automatically generated and transmitted by a mobile device associated with an entity, said actual trip route data generated at least in part by GPS receivers and accelerometers and including a set of geographical locations through which the mobile device traveled over a period of time;
outputting, by said communication device, vehicle loss risk score data,
via one or more application programming interfaces exposing some or all of the scoring data to an external mapping service to facilitate route selection based on mapping data from the external mapping service,
said received actual trip route data and said vehicle loss risk scores associated with said set of geographical locations;
and
displaying on a display device route selection options associated with the vehicle loss risk scores.

6 more elements

Dependencies are inferred from the claim text.

Facts

Application: 12/754,189Filed 5 Apr 2010 · us provisional application
Priority: 31 Dec 2009
Published: US 2011/0161116 A130 Jun 2011
Granted: 31 Jan 2017
Term ends: Not estimatedThe source records don’t support an estimate.

Classification13 codes

G06Q 40/08
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: insurance
G06Q 50/22
Services: social work or social welfare, e.g. community support activities or counselling services
G01C 21/3461
Special cost functions, i.e. other than distance or default speed limit of road segments: preferred or disfavoured areas, e.g. dangerous zones,…
G01C 21/36
Route searching; Route guidance: input/output arrangements for on-board computers