System and method for determining an underwriting risk, risk score, or price of insurance using cognitive information
First Claim
1. A system for determining underwriting risk, risk score, or price of insurance using cognitive information, the system comprising:
- a. a sensor providing input information to a first processor, the input information including information related to properties of an individual while the individual is performing a physical or mental activity;
b. the first processor analyzing at least the input information and generating first cognitive information for the individual; and
c. a second processor analyzing at least the first cognitive information and generating a level of risk or price of insurance associated with the individual.
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Abstract
In one embodiment a system for determining a level of risk associated with an individual for underwriting purposes comprises at least one sensor that provides information, such as a camera providing one or more images or video for example, used to determine one or more properties of the individual. The individual information, such as eye related information, can be processed to generate cognitive information for the individual, which can be used to determine the level of risk associated with the individual. The cognitive information can be compared to baseline cognitive information for the individual to determine the level of risk. In another embodiment, a method for determining a level of risk or price of insurance includes obtaining information from a sensor, generating cognitive information from the sensor information, and generating a level of risk or price of insurance using at least the first cognitive information.
615 Citations
30 Claims
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1. A system for determining underwriting risk, risk score, or price of insurance using cognitive information, the system comprising:
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a. a sensor providing input information to a first processor, the input information including information related to properties of an individual while the individual is performing a physical or mental activity; b. the first processor analyzing at least the input information and generating first cognitive information for the individual; and c. a second processor analyzing at least the first cognitive information and generating a level of risk or price of insurance associated with the individual. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. A non-transitory computer-readable storage medium including instructions that, when accessed by a processing device, cause the processing device to perform operations comprising:
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a. storing first cognitive information for an individual determined at least in part from information related to properties of the individual, the properties derived from one or more sensors while the individual is performing a physical or mental activity; and b. determining a level of risk associated with the individual for underwriting purposes using the first cognitive information. - View Dependent Claims (19, 20, 21, 22)
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23. A system for determining a level of risk associated with an individual for underwriting purposes, the system comprising:
- a device including at least one sensor, one or more processors, and one or more non-transitory computer-readable storage mediums operatively connected and collectively comprising instructions, said instructions direct the one or more processors to;
a. process input information from the sensor while the individual is performing a physical or mental activity; b. generate information related to properties of the individual; c. process the information related to properties of the individual and generate first cognitive information for the individual; and d. generate the level of risk associated with the individual performing a primary or goal state activity using the first cognitive information and store the level of risk on the one or more non-transitory computer-readable storage mediums. - View Dependent Claims (24, 25, 26, 27, 28)
- a device including at least one sensor, one or more processors, and one or more non-transitory computer-readable storage mediums operatively connected and collectively comprising instructions, said instructions direct the one or more processors to;
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29. A method for determining underwriting risk, risk score, or price of insurance using cognitive information, the method comprising:
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a. obtaining information from a sensor related to properties of an individual while the individual is performing a physical or mental activity; b. generating first cognitive information for the individual by analyzing at least the information from the sensor related to properties of the individual; and c. generating a level of risk or price of insurance associated with the individual using at least the first cognitive information. - View Dependent Claims (30)
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Specification