Evaluating risk of insuring an individual based on timely assessment of motor vehicle records
First Claim
1. A computer-implemented method for generating a report based on an insured person'"'"'s motor vehicle record, comprising the steps of:
- creating insured data comprising at least one of the identity of the insured person and background information for the insured person;
creating rule data comprising (a) a selective designation designating whether certain information in the insured person'"'"'s motor vehicle record is selective information or non-selective information, and (b) a formatting designation designating at least one of the format of the report and the content of the report, wherein the formatting designation depends on whether the insured person'"'"'s motor vehicle record comprises at least one of the selective information and the non-selective information;
utilizing the insured data to obtain incident data comprising information regarding the insured person'"'"'s motor vehicle record;
determining whether the incident data comprises at least one of the selective information and the nonselective information; and
based upon that determination, applying the formatting designation to the incident data to generate the report in accordance with the rule data.
4 Assignments
0 Petitions
Accused Products
Abstract
Automated generation of reports based on insured persons'"'"' motor vehicle records. Insurance carriers can automatically obtain, at appropriate times, customized reports for use in monitoring and assessing insured persons. Incident data regarding the insured persons'"'"' motor vehicle records is received and translated, according to the insurance carriers'"'"' pre-set designations, into a customized report. For example, the insurance carriers can designate the reports'"'"' format, content, generation times, and output times. Such designations can depend upon other insurance-carrier-specific designations. For example, the designations can depend upon whether certain incident data is deemed “selective” or “non-selective.” For example, selective information can be more urgent to the insurance carrier than non-selective information. Allowing insurance carriers to designate when, how, and in what format, they wish to receive each of various types of information permits for more effective, more efficient, continuous monitoring and assessment of insured persons.
-
Citations
50 Claims
-
1. A computer-implemented method for generating a report based on an insured person'"'"'s motor vehicle record, comprising the steps of:
-
creating insured data comprising at least one of the identity of the insured person and background information for the insured person;
creating rule data comprising (a) a selective designation designating whether certain information in the insured person'"'"'s motor vehicle record is selective information or non-selective information, and (b) a formatting designation designating at least one of the format of the report and the content of the report, wherein the formatting designation depends on whether the insured person'"'"'s motor vehicle record comprises at least one of the selective information and the non-selective information;
utilizing the insured data to obtain incident data comprising information regarding the insured person'"'"'s motor vehicle record;
determining whether the incident data comprises at least one of the selective information and the nonselective information; and
based upon that determination, applying the formatting designation to the incident data to generate the report in accordance with the rule data. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
-
-
13. A computer-implemented method for generating and timely outputting at least one report based on an insured person'"'"'s motor vehicle record, comprising the steps of:
-
creating insured data comprising at least one of the identity of the insured person and background information regarding the insured person;
creating rule data comprising (a) a selective designation designating whether certain information in the insured person'"'"'s motor vehicle record is selective information or non-selective information, (b) a formatting designation designating at least one of the format and the content of each report, and (c) and an output designation designating a time at which to output each generated report, wherein the time of the output designation is determined by whether the report comprises the non-selective information;
utilizing the insured data to obtain incident data comprising information regarding the insured person'"'"'s motor vehicle record;
generating at least one report by applying the formatting designation to the incident data;
determining whether each report comprises the non-selective data;
based upon that determination, determining an output time for each report by evaluating the output designation; and
outputting each report at its output time. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29)
-
-
30. A system for generating at least one report based on an insured person'"'"'s motor vehicle record, comprising:
-
an insured data storage medium for storing insured data comprising at least one of the identity of the insured person and background information regarding the insured person;
a rule data storage medium for storing rule data comprising;
a selective designation designating whether certain information potentially contained in the insured person'"'"'s motor vehicle record is selective information or non-selective information, and a formatting designation designating at least one of the format of the report and the content of the report, wherein the formatting designation depends on whether the insured person'"'"'s motor vehicle record comprises at least one of the selective information and the non-selective information; and
a policy monitoring module in communication with each of the insured data storage medium and the rule data storage medium, operable for;
utilizing the insured data to obtain incident data comprising information regarding the insured person'"'"'s motor vehicle record, determining whether the incident data comprises at least one of the selective information and the nonselective information, and based upon that determination, applying the formatting designation to the incident data to generate, in accordance with the rule data, the report. - View Dependent Claims (31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50)
-
Specification