The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Dec. 04, 2018

Filed:

May. 23, 2016
Applicant:

Hartford Fire Insurance Company, Hartford, CT (US);

Inventors:

David F. Peak, Avon, CT (US);

Anil Vasagiri, Hamden, CT (US);

Assignee:

Hartford Fire Insurance Company, Hartford, CT (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/08 (2012.01); G06K 19/06 (2006.01); G06N 5/02 (2006.01); H04L 12/58 (2006.01); H04L 29/08 (2006.01); G06Q 50/00 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/08 (2013.01); G06K 19/06037 (2013.01); G06N 5/02 (2013.01); H04L 51/32 (2013.01); H04L 67/18 (2013.01); G06Q 50/01 (2013.01);
Abstract

According to some embodiments, historic transaction data and loss data may be received from a data storage device. Geographic data and dynamically updated social network data corresponding to the entity may also be received and automatically analyzed by an estimator device to determine an estimated number of employees employed by the entity and similar entities having at least one common characteristic with the entity. A data weighting device generates weighted data by applying weighting factors to the received data including a weighting factor based on a location of users providing social networking posts and a weighting factor based on whether the social network data includes image, video, or audio data. At least one risk-related parameter corresponding to the entity is determined by a comparison engine that applies predictive models to (i) the weighted data, (ii) the estimated number of employees, and (iii) the similar entities to the entity.


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