SYSTEM AND METHOD FOR IDENTIFYING AND EVALUATING NANOMATERIAL-RELATED RISK
First Claim
1. A system for determining a level of risk posed by a nanomaterial to an entity, the system comprising:
- a memory;
a computerized model stored on the memory; and
a processor configured to;
retrieve from memory data related to the nanomaterial;
calculate, using the computerized model, a risk score that is indicative of the level of risk posed by the nanomaterial to the entity based on the retrieved data, wherein the risk score is calculated based at least in part on a quantitative representation of the risks posed by the nanomaterial based on its physical and chemical characteristics;
evaluate the insurability of the entity responsive at least in part to the calculated risk score; and
output the results of the evaluation process as an offer or denial for insurance.
1 Assignment
0 Petitions
Accused Products
Abstract
A system, method, and processor-readable medium are provided for quantitatively evaluating risk associated with nanotechnology. An insurance company computing system obtains nanomaterial-related data from a variety of sources, including nanomaterial sensors such as differential mobility analyzers located on-site at an insured facility. The insurance computing system uses the obtained data and a computerized model to compute a risk score that is used in evaluating the insurability of the facility or the operating entity. An insurance policy or modifications to an existing insurance premium are subsequently produced based on the computed risk score.
-
Citations
19 Claims
-
1. A system for determining a level of risk posed by a nanomaterial to an entity, the system comprising:
-
a memory; a computerized model stored on the memory; and a processor configured to; retrieve from memory data related to the nanomaterial; calculate, using the computerized model, a risk score that is indicative of the level of risk posed by the nanomaterial to the entity based on the retrieved data, wherein the risk score is calculated based at least in part on a quantitative representation of the risks posed by the nanomaterial based on its physical and chemical characteristics; evaluate the insurability of the entity responsive at least in part to the calculated risk score; and output the results of the evaluation process as an offer or denial for insurance. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
-
-
14. A method for determining a level of risk posed by a nanomaterial to an entity, the method comprising:
-
receiving data related to the nanomaterial; storing the received data in a database; accessing the stored data to calculate using a computerized model a risk score that is indicative of the level of risk posed by the nanomaterial, wherein the risk score is calculated based at least in part on a quantitative representation of the risks posed by the nanomaterial based on its physical and chemical characteristics; determining the insurability of the entity responsive at least in part to the calculated risk score; and electronically outputting an offer or denial for insurance based on the determined insurability of the entity. - View Dependent Claims (15, 16, 17, 18, 19)
-
Specification