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Lapse predicting tool and scoring mechanism to triage customer retention approaches

  • US 10,096,068 B1
  • Filed: 12/19/2014
  • Issued: 10/09/2018
  • Est. Priority Date: 12/23/2013
  • Status: Active Grant
First Claim
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1. A computer-implemented method comprising:

  • querying, by a server, one or more internal and external databases comprising data of a plurality of customers and users to retrieve information corresponding to each of the plurality of customers and users, wherein the one or more external databases comprise unstructured data;

    determining, by the server, a cash flow value for a policy dataset corresponding to each of the plurality of customers;

    generating, by the server, a heuristic computer-generated model based at least on data corresponding to a performance value of one or more users of the plurality of users, the heuristic computer-generated model configured to utilize a support vector machine algorithm to emulate a resolution pattern of the plurality of users having the performance value greater than a pre-determined threshold value;

    continuously querying, by the server, the one or more internal databases and the external databases to determine any modification of the information corresponding to the one or more users having the performance value greater than the pre-determined threshold value;

    continuously updating, by the server, the heuristic computer-generated model based on a modification of the information corresponding to each of the one or more users having the performance value greater than the pre-determined threshold value, whereby the heuristic computer-generated model improves quality of an output of the resolution pattern emulation with each instance of updating the heuristic computer-generated model;

    re-generating, by the server, the policy dataset for each of the one or more customers by applying the policy dataset to the updated heuristic computer-generated model;

    determining, by the server, a value of retention by comparing the determined cash flow value associated with each of the one or more customers and a value ascribed to each of the one or more customers after re-generating the policy dataset;

    generating, by the server, a client score for each of the one or more customers based upon the value of retention for each of the one or more customers;

    receiving, by the server in connection with a call center, a call from a first customer of the one or more customers;

    identifying, by the server, the first customer based on a unique identifier associated with the call; and

    during the call and while a representative is interacting with the first customer, presenting, by the server, the client score corresponding to the first customer identified based on the unique identifier to the representative.

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