SYSTEMS AND METHODS FOR CUSTOMER-RELATED RISK ZONES

• US 20120173290A1
• Filed: 12/22/2011
• Published: 07/05/2012
• Est. Priority Date: 12/26/2010
• Status: Active Grant

• Current Assignee: The Travelers Indemnity Company (The Travelers Cos., Inc.)
• Original Assignee: The Travelers Indemnity Company (The Travelers Cos., Inc.)
• Inventors: Collins, Dean M., Smith, Bryan
• Granted Patent: US 8,682,699 B2
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

Systems, apparatus, methods, and articles of manufacture that provide for outputting and utilization of risk zone information are provided. In some embodiments, risk zone information may be utilized to select, price, and/or manage an insurance policy.

Claims

1. A method, comprising:

determining, by a specially-programmed processing device, data descriptive of a level of risk for at least one of a particular object and an area;

processing, by the specially-programmed processing device, the risk data to determine the level of risk associated with a personal insurance product;

providing, by the specially-programmed processing device, a graphical interface representing the level of risk of the at least one of the particular object and the area;

receiving, by the specially-programmed processing device and in response to the providing, an indication from a customer; and

determining, by the specially-programmed processing device, personal insurance data based on the indication from the customer.

2. The method of claim 1, wherein the determining of the data descriptive of the risk level comprises:

receiving, from a sensor associated with the customer, the data.

3. The method of claim 1, wherein the particular object comprises an object for which a personal insurance policy based on the personal insurance data is not written.

4. The method of claim 1, wherein the processing comprises determining a qualitative representation of the risk level.

5. The method of claim 1, wherein the indication from the customer comprises an indication that the customer has accessed the interface.

6. The method of claim 1, wherein the indication from the customer comprises an indication that the customer has complied with a risk level requirement of a personal insurance policy associated with the insurance information.

7. The method of claim 6, wherein the indication comprises telematics data associated with the customer.

8. The method of claim 1, wherein the indication from the customer comprises a customer selection made via the graphical interface.

9. The method of claim 1, wherein the personal insurance data comprises one or more of:

(i) an insurance premium amount;

(ii) an insurance deductible amount;

(iii) an insurance discount amount;

(iv) an insurance surcharge amount; and

(v) a reward points amount.

10. The method of claim 1, further comprising:

selling the personal insurance product to the customer, the insurance product being based at least in part on the personal insurance data.

11. An apparatus, comprising:

an electronic processing device; and

a memory device in communication with the electronic processing device, the memory device storing specially-programmed instructions that when executed by the electronic processing device result in;

determining data descriptive of a level of risk for at least one of a particular object and an area;

processing the risk data to determine the level of risk associated with a personal insurance product;

providing a graphical interface representing the level of risk of the at least one of the particular object and the area;

receiving, in response to the providing, an indication from a customer; and

determining personal insurance data based on the indication from the customer.

12. The apparatus of claim 11, wherein the determining of the data descriptive of the risk level comprises:

receiving, from a sensor associated with the customer, the data.

13. The apparatus of claim 11, wherein the particular object comprises an object for which a personal insurance policy based on the personal insurance data is not written.

14. The apparatus of claim 11, wherein the processing comprises determining a qualitative representation of the risk level.

15. The apparatus of claim 11, wherein the indication from the customer comprises an indication that the customer has accessed the interface.

16. The apparatus of claim 11, wherein the indication from the customer comprises an indication that the customer has complied with a risk level requirement of a personal insurance policy associated with the personal insurance information.

17. The method of claim 16, wherein the indication comprises telematics data associated with the customer.

18. A non-transitory article of manufacture storing instructions that when executed by a processing device result in:

determining data descriptive of a level of risk for at least one of particular object and an area;

processing the risk data to determine the level of risk associated with a personal insurance product;

providing a graphical interface representing the level of risk of the at least one of the particular object and the area;

receiving, in response to the providing, an indication from a customer; and

determining personal insurance data based on the indication from the customer.

19. The article of manufacture of claim 18, wherein the particular object comprises an object for which a personal insurance policy based on the personal insurance data is not written.

20. The article of manufacture of claim 18, wherein the indication from the customer comprises an indication that the customer has complied with a risk level requirement of a personal insurance policy associated with the personal insurance information.

21. The method of claim 20, wherein the indication comprises telematics data associated with the customer.