Systems and methods for processing overhead imagery
First Claim
1. A method of processing overhead imagery, the method comprising:
- receiving, by a processor, one or more overhead images, the one or more overhead images containing a plurality of properties, each of which may carry a property insurance underwritten by an insurance company;
correlating, by the processor, the one or more overhead images with one or more land maps;
parsing, by the processor, the plurality of properties into collections of individual properties, the collections of individual properties comprising a subset of the plurality of properties, wherein each of the individual properties carry property insurance underwritten by a single insurance company;
determining, by the processor, an assessed value for each of the individual properties in the subset of the plurality of properties; and
aggregating, by the processor, the assessed values for the subset of the plurality of properties;
deriving, by the processor, a risk of catastrophic loss for the single insurance company using the processor, wherein the risk of catastrophic loss uses the aggregated assessed value;
receiving a forecast of a footprint of a weather event;
reducing, by the processor, the subset of the plurality of properties to only properties within the footprint;
deriving, by the processor, a potential risk for the single insurance company;
determining, by the processor, an amount of securities in the single insurance company owned by an investor; and
selling a portion of the amount of securities using the potential risk.
1 Assignment
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Accused Products
Abstract
Systems and methods to process overhead imagery received from overhead image sources are described herein. In one example, the method may include receiving an overhead image, detecting features on a property and deriving business information using the features. In another example, the system may include an overhead imagery module to positionally correlate images and an image analyzer to determine one or more features on a property. In a further example, the method may include receiving an overhead image, correlating the image with land maps, parsing individual properties, determining the property'"'"'s values and aggregating the values across the image to derive a risk.
103 Citations
21 Claims
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1. A method of processing overhead imagery, the method comprising:
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receiving, by a processor, one or more overhead images, the one or more overhead images containing a plurality of properties, each of which may carry a property insurance underwritten by an insurance company; correlating, by the processor, the one or more overhead images with one or more land maps; parsing, by the processor, the plurality of properties into collections of individual properties, the collections of individual properties comprising a subset of the plurality of properties, wherein each of the individual properties carry property insurance underwritten by a single insurance company; determining, by the processor, an assessed value for each of the individual properties in the subset of the plurality of properties; and aggregating, by the processor, the assessed values for the subset of the plurality of properties; deriving, by the processor, a risk of catastrophic loss for the single insurance company using the processor, wherein the risk of catastrophic loss uses the aggregated assessed value; receiving a forecast of a footprint of a weather event; reducing, by the processor, the subset of the plurality of properties to only properties within the footprint; deriving, by the processor, a potential risk for the single insurance company; determining, by the processor, an amount of securities in the single insurance company owned by an investor; and selling a portion of the amount of securities using the potential risk. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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8. A non-transitory computer-readable medium comprising computer-readable instructions for processing overhead imagery, the computer-readable instructions being executed by a computer and comprising instructions to:
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receive one or more overhead images, the one or more overhead images containing a plurality of properties, each of which may carry a property insurance underwritten by an insurance company; correlate the one or more overhead images with one or more land maps; parse the plurality of properties into collections of individual properties, the collections of individual properties comprising a subset of the plurality of properties, wherein each of the individual properties carry property insurance underwritten by a single insurance company; determine an assessed value for each of the individual properties in the subset of the plurality of properties; and aggregate the assessed values for the subset of the plurality of properties; derive a risk of catastrophic loss for the single insurance company using the aggregated assessed value; receive a forecast of a footprint of a weather event; reduce the subset of the plurality of properties to only properties within the footprint and deriving a potential risk for the single insurance company; determine an amount of securities in the single insurance company owned by an investor; and sell a portion of the amount of securities using the potential risk. - View Dependent Claims (9, 10, 11, 12, 13, 14)
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15. A system for processing overhead imagery, the system comprising:
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a processor; a database coupled to the processor; and a computer-readable medium coupled to the processor and storing a plurality of instructions for controlling the processor to process the overhead imagery, the plurality of instructions comprising; instructions that cause the processor to receive one or more overhead images, the one or more overhead images containing a plurality of properties, each of which may carry a property insurance underwritten by an insurance company; instructions that cause the processor to correlate the one or more overhead images with one or more land maps parsing the plurality of properties into collections of individual properties, the collections of individual properties comprising a subset of the plurality of properties, wherein each of the individual properties carry property insurance underwritten by a single insurance company; instructions that cause the processor to determine an assessed value for each of the individual properties in the subset of the plurality of properties; instructions that cause the processor to aggregate the assessed values for the subset of the plurality of properties; instructions that cause the processor to derive a risk of catastrophic loss for the single insurance company using the aggregated assessed value; instructions that cause the processor to receive a forecast of a footprint of a weather event; instructions that cause the processor to reduce the subset of the plurality of properties to only properties within the footprint; instructions that cause the processor to derive a potential risk for the single insurance company; instructions that cause the processor to determine an amount of securities in the single insurance company owned by an investor; and instructions that cause the processor to sell a portion of the amount of securities using the potential risk. - View Dependent Claims (16, 17, 18, 19, 20, 21)
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Specification