Risk assessment using portable devices

• US 20150019266A1
• Filed: 03/25/2014
• Published: 01/15/2015
• Est. Priority Date: 07/15/2013
• Status: Active Grant

• Current Assignee: Advanced Insurance Products & Services Incorporated
• Original Assignee: Advanced Insurance Products & Services Incorporated
• Inventors: Stempora, Jeffrey
• Granted Patent: US 9,053,516 B2
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

In one embodiment, a method of evaluating vehicle operation performance comprises obtaining first information correlating to the movement of a vehicle; obtaining second information different from the first information correlating to the movement of a portable device relative to the vehicle; and correlating the first information with the second information to evaluate the vehicle operation performance by an operator of the portable device during use of the portable device while operating the vehicle. In another embodiment, the information correlating to the movement of the vehicle is correlating to the use of one or more software applications or the use of one or more functional features of a portable device by an operator of the portable device while operating the vehicle.

Claims

1. A method of generating risk related information for insurance underwriting, the method comprising:

a. obtaining first information correlating to movement of a vehicle;

b. obtaining second information different from the first information from output information from one or more sensors of a portable device, the one or more sensors comprising an accelerometer or an accelerometer and a gyroscope, the second information correlating to changes in orientation of the portable device relative to orientation of the vehicle during use of the portable device by an operator of the vehicle while operating the vehicle;

c. correlating the first information with the second information to evaluate a vehicle operation performance by the operator of the vehicle; and

d. generating risk related information associated with the operator of the vehicle based on the vehicle operation performance.

2. The method of claim 1 wherein the output information from one or more sensors of the portable device is stored on a non-transitory computer-readable medium of the portable device, and correlating the first information with the second information includes executing one or more algorithms on a first processor.

3. The method of claim 1 wherein the second information further correlates to changes in spatial motion of the phone relative to spatial motion of the vehicle.

4. The method of claim 2 further comprising the first processor reading the output information from one or more sensors from the non-transitory computer-readable medium and executing a movement isolation algorithm on the output information from one or more sensors to generate the first information and the second information.

5. The method of claim 1 wherein the risk related information is a distracted driving score.

6. A method of generating risk related information for insurance underwriting, the method comprising:

a. obtaining first information correlating to movement of a vehicle;

b. obtaining second information different from the first information from output information from one or more sensors of a portable device, the one or more sensors comprising an accelerometer or an accelerometer and a gyroscope, the second information correlating to changes in orientation of the portable device relative to orientation of the vehicle during use of the portable device by a vehicle operator while operating the vehicle;

c. obtaining third information correlating to the use of the portable device by the vehicle operator while operating the vehicle;

d. correlating the first information, the second information, and the third information to evaluate a vehicle operation performance by the operator of the vehicle; and

e. generating risk related information associated with the vehicle operator based on the vehicle operation performance.

7. The method of claim 6 wherein the portable device comprises at least one processor and the use of the portable device comprises using one or more software applications or algorithms executed by the at least one processor.

8. The method of claim 6 wherein the use of the portable device comprises using one or more functional features of the portable device.

9. The method of claim 6 wherein the vehicle operation performance provides information for insurance risk scoring, insurance pricing, insurance fraud identification, insurance claim analysis, accident fault determination, or generation of a risk assessment of the vehicle operator for insurance underwriting.

10. A system for generating risk related information for insurance underwriting, the system comprising:

a. a portable device comprising at least one accelerometer and a non-transitory computer-readable storage medium comprising accelerometer information received from the at least one accelerometer;

b. a first processor executing a movement isolation algorithm on the accelerometer information, the movement isolation algorithm extracting first information correlating to movement of a vehicle and second information correlating to changes in orientation of the portable device relative to orientation of the vehicle;

c. a second processor executing a correlation algorithm, the correlation algorithm correlates the first information with the second information and generates vehicle operation performance information for a vehicle operator during use of the portable device while operating the vehicle; and

d. a third processor executing a risk assessment algorithm on the vehicle operation performance information to generate a risk assessment of the vehicle operator for insurance underwriting.

11. The system of claim 10 wherein a server remote from the portable device comprises the first processor.

12. The system of claim 10 wherein at least two of the first processor, the second processor, and the third processor are the same processor.

13. The system of claim 10 wherein the portable device comprises at least two selected from the group:

the first processor, the second processor, and the third processor.

14. The system of claim 10 wherein the at least one accelerometer is calibrated for acceleration reading and orientation at a rate providing accuracy sufficient for isolating the first information and the second information during use of the portable device while operating the vehicle.

15. The system of claim 10 wherein the at least one accelerometer is calibrated for acceleration reading and orientation at a rate during the operation of the vehicle greater than or equal to one selected from the group:

once per hour, once per minute, once per second, twice per second, ten times per second, and 100 times per second.

16. The system of claim 10 wherein the at least one accelerometer is calibrated after the portable device changes orientation during operation of the vehicle.

17. The system of claim 10 wherein the second information comprises movement information of the portable device during two operational movement events of the vehicle, and the at least one accelerometer is calibrated for acceleration reading and orientation at a time between the two operational movement events.

18. The system of claim 10 wherein the portable device further comprises at least one gyroscope providing gyroscopic information.

19. The system of claim 18 wherein the at least one accelerometer is calibrated based on the gyroscopic information after an orientation of the portable device changes during operation of the vehicle.

20. The method of claim 10 wherein the vehicle operation performance provides information for insurance risk scoring, insurance pricing, insurance fraud identification, insurance claim analysis, accident fault determination, or generation of a risk assessment of the vehicle operator for insurance underwriting.