Systems, computer implemented methods, geographic weather-data selection interface display, and computer readable medium having program products to generate user-customized virtual weather data and user-customized weather-risk products responsive thereto

• US 9,306,811 B2
• Filed: 10/16/2013
• Issued: 04/05/2016
• Est. Priority Date: 07/07/2011
• Status: Active Grant

• Current Assignee: Watts And Associates, Inc.
• Original Assignee: Watts And Associates, Inc.
• Inventors: Watts, Tim J., Landgren, Craig R., Loar, Steven A., Kuhling, John, Watts, Myles
• Primary Examiner(s): Tran, Tuyetlien T
• Application Number:
  US14/055,329
• Publication Number:
  US 20140047344A1
• Time in Patent Office: 902 Days
• US Class Current: 1/1
• CPC Class Codes: G01W 1/00 Meteorology
• CPC Class Codes: G06F 16/951 Indexing; Web crawling techniques
• CPC Class Codes: G06F 3/0481 based on specific properties of the displayed interaction object or a metaphor-based environment, e.g. interaction with desktop elements like windows or icons, or assisted by a cursor's changing behaviour or appearance
• CPC Class Codes: G06F 3/04817 using icons graphical or visual programming using iconic symbols G06F8/34
• CPC Class Codes: G06F 3/0482 Interaction with lists of selectable items, e.g. menus
• CPC Class Codes: G06F 3/0484 for the control of specific functions or operations, e.g. selecting or manipulating an object, an image or a displayed text element, setting a parameter value or selecting a range
• CPC Class Codes: G06F 3/04842 Selection of displayed objects or displayed text elements G06F3/0482 takes precedence
• CPC Class Codes: G06F 3/04847 Interaction techniques to control parameter settings, e.g. interaction with sliders or dials
• CPC Class Codes: G06Q 10/10 Office automation; Time management
• CPC Class Codes: H04L 41/22 comprising specially adapted graphical user interfaces [GUI]

Abstract

Systems, computer implemented methods, and computer readable medium having program products are provided to customize by a user weather-risk products and to provide a customized weather-risk product to be purchased by user. Embodiments of a system include a tract-user computer having a display to display graphical user interfaces to a user and an input to receive user selections, the tract-user computer being connected to a communications network to receive graphical user interfaces and transmit user selections to a weather-risk product issuer computer. Embodiments of a system can also include a database to associate user selections with actuarial data, location data, and basis weather data and a weather-risk product issuer computer to transmit graphical user interfaces to the tract-user computer, receive user selections, and process user selections to generate virtual weather data and to generate weather-risk products.

Claims

1. A machine to generate customized weather risk product for a selected geographic location, the machine being positioned in communication with one or more weather-risk actuarial databases having weather-risk actuarial data associated therewith and one or more weather station databases having weather-station location data and weather-station historical data for each of a plurality of weather stations associated therewith, the machine comprising:

one or more processors;

non-transitory memory positioned in communication with the one or more processors to store one or more computer programs therein;

one or more input/output units in communication with the one or more processors and the non-transitory memory to receive inputs thereto and to transmit outputs therefrom, the one or more input/output units being adapted to be in communication with the one or more weather-risk actuarial databases and the one or more weather station databases;

computer program, defining a virtual weather-data generator, stored in the non-transitory memory and operable on the one or more processors, the virtual weather-data generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

determining a plurality of station-specific weather histories responsive to the one or more weather station databases, and

generating virtual weather data responsive to the plurality of station-specific weather histories, each weather history of the plurality of station-specific weather histories being weighted by the user-selected weather-station weights for the respective weather-station and the corresponding weather readings for the respective weather-station, the virtual weather data being a user-weighted composite weather reading for the geographic location for an observation timeframe; and

computer program, defining a weather-risk-product generator, stored in the non-transitory memory and operable on the one or more processors, the weather-risk-product generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

generating a weather-risk selection interface to display on one or more displays of one or more remote computer devices, thereby to allow for the selection of a plurality of user-selected weather-risk parameters,

determining the timeframe-specific virtual weather data responsive to the virtual weather data and one or more of a plurality of user selected weather-risk parameters,

determining a plurality of customized contract terms responsive to the user selected weather-risk parameters and timeframe-specific virtual weather data, and

generating a weather-risk confirmation interface to display to the user at the one or more remote computer devices, responsive to the plurality of user-selected weather-risk parameters, timeframe-specific virtual weather data, and the plurality of customized contract terms a weather risk product.

2. A machine to generate customized weather risk product for a selected geographic location, the machine being positioned in communication with one or more weather-risk actuarial databases having weather-risk actuarial data associated therewith and one or more weather station databases having weather-station location data and weather-station historical data for each of a plurality of weather stations associated therewith, the machine comprising:

one or more processors;

non-transitory memory positioned in communication with the one or more processors to store one or more computer programs therein;

one or more input/output units in communication with the one or more processors and the non-transitory memory to receive inputs thereto and to transmit outputs therefrom, the one or more input/output units being adapted to be in communication with the one or more weather-risk actuarial databases and the one or more weather station databases;

computer program, defining a virtual weather-data-station-designer, stored in the non-transitory memory and operable on the one or more processors, the virtual weather-data-station designer having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

generating a geographic weather-data selection interface to display on the one or more displays of the one or more remote computers so that the geographic weather-data selection interface includes a geographic map image corresponding to geographic coordinates and a plurality of weather-station markers overlaid on the geographic map image, each of the plurality of weather-station markers corresponding to a geographic location of an existing actual weather station, and

determining a plurality of weather-station identifiers responsive to receipt of the plurality of geographic parameters received from the geographic weather-data selection interface;

computer program, defining a virtual weather-data generator, stored in the non-transitory memory and operable on the one or more processors, the virtual weather-data generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

determining a plurality of station-specific weather histories responsive to the user selected weather-station identifiers and the one or more weather station databases, and

generating virtual weather data responsive to the plurality of station-specific weather histories, each weather history of the plurality of station-specific weather histories being weighted by the user-selected weather-station weights for the respective weather-station and the corresponding weather readings for the respective weather-station, the virtual weather data being a user-weighted composite weather reading for the geographic location for an observation timeframe;

computer program, defining a weather-risk-product generator, stored in the non-transitory memory and operable on the one or more processors, the weather-risk-product generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

generating a weather-risk selection interface to display on the one or more displays of the one or more remote computer devices, thereby to allow for the selection of a plurality of user-selected weather-risk parameters,

determining the timeframe-specific virtual weather data responsive to the virtual weather data and one or more of the plurality of user selected weather-risk parameters,

determining a plurality of customized contract terms responsive to the user selected weather-risk parameters and the timeframe-specific virtual weather data, and

generating a weather-risk confirmation interface to display to the user at the one or more remote computers, responsive to the plurality of user-selected weather-risk parameters, timeframe-specific virtual weather data, and plurality of customized contract terms a weather risk product.

3. A machine to generate customized weather risk product for a selected geographic location, the machine being positioned in communication with one or more weather-risk actuarial databases having weather-risk actuarial data associated therewith and one or more weather station databases having weather-station location data and weather-station historical data for each of a plurality of weather stations associated therewith, the machine comprising:

one or more processors;

non-transitory memory positioned in communication with the one or more processors to store one or more computer programs therein;

one or more input/output units in communication with the one or more processors and the non-transitory memory to receive inputs thereto and to transmit outputs therefrom, the one or more input/output units being adapted to be in communication with the one or more weather-risk actuarial databases and the one or more weather station databases and to transmit through a communications network to one or more graphical user interfaces of one or more displays associated with one or more remote computer devices and receive therefrom one or more user selections responsive thereto;

computer program, defining a virtual weather-data-station-designer, stored in the non-transitory memory and operable on the one or more processors, the virtual weather-data-station designer having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

generating a geographic weather-data selection interface to display on the one or more displays of the one or more remote computers so that the geographic weather-data selection interface includes a geographic map image corresponding to geographic coordinates and a plurality of weather-station markers overlaid on the geographic map image, each of the plurality of weather-station markers corresponding to a geographic location of an existing actual weather station, the geographic weather-data selection interface configured to allow a user associated with the geographic weather-data selection interface to select a plurality of geographic parameters for the relevant geographic location on the geographic map image at one or more locations corresponding to one or more unique positions on the geographic map image, the plurality of geographic parameters delineating one or more user-selected map areas of the geographic coordinates, and

determining a plurality of weather-station identifiers responsive to receipt of the plurality of geographic parameters received from the geographic weather-data selection interface, each of the plurality of weather station identifiers corresponding to the weather-station location data having a weather-station location within or closely adjacent the user-selected map area;

computer program, defining a virtual weather-data generator, stored in the non-transitory memory and operable on the one or more processors, the virtual weather-data generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

determining a plurality of station-specific weather histories responsive to the user selected weather-station identifiers and the one or more weather station databases, each one of the plurality of station-specific weather histories corresponding to each of the plurality of user-selected weather-station identifiers, and

generating virtual weather data responsive to the plurality of station-specific weather histories, each weather history of the plurality of station-specific weather histories being weighted by the user-selected weather-station weights for the respective weather-station and the corresponding weather readings for the respective weather-station, the virtual weather data being a user-weighted composite weather reading for the geographic location for an observation timeframe;

computer program, defining a weather-risk-product generator, stored in the non-transitory memory and operable on the one or more processors, the weather-risk-product generator having a set of instructions that, when executed by the one or more processors, cause the one or more processors to perform the following operations;

generating a weather-risk selection interface to display on the one or more displays of the one or more remote computer devices, thereby to allow for the selection of a plurality of user-selected weather-risk parameters, the weather-risk selection interface including a customized historical weather summary responsive to the virtual weather data during the user-selected risk endurance range,

determining the timeframe-specific virtual weather data responsive to the virtual weather data and one or more of the plurality of user selected weather-risk parameters,

determining a plurality of customized contract terms responsive to the user selected weather-risk parameters and the timeframe-specific virtual weather data, and

generating a weather-risk confirmation interface to display to the user at the one or more remote computers, responsive to the plurality of user-selected weather-risk parameters, timeframe-specific virtual weather data, and plurality of customized contract terms a weather risk product.