Sensor Based System And Method For Augmenting Underwriting Of Insurance Policies

摘要

Techniques for detecting physical conditions at a physical premises from collection of sensor information from plural sensors execute one or more unsupervised learning models to continually analyze the collected sensor information to produce operational states of sensor information, produce sequences of state transitions, detect during the continual analysis of sensor data that one or more of the sequences of state transitions is a drift sequence, correlate determined drift state sequence to a stored determined condition at the premises, and generate an alert based on the determined condition. Various uses are described for these techniques.

主权项

1. A computer program product tangibly stored on a computer readable hardware storage device, the computer program product for underwriting of insurance based upon data received from the sensors and service records, the computer program product comprising instructions to cause a processor to:
collect sensor information from plural sensors deployed in a premises; continually analyze the collected sensor information by one or more unsupervised learning models to continually analyze operational characteristics of the premises and produce operational states of sensor information; produce sequences of state transitions from the operational states; detect during the continual analysis that one or more of the produced sequences of state transitions is a drift state sequence; forming a prediction an event in the form of an alert, which is based on the detected drift state sequence; evaluate in real time by an automated underwriting system the predicted event against a particular insurance company's unique set of underwriting guidelines; and adjust rates based on the evaluation.