System and method for creating insurance virtual affinity groups
First Claim
1. A computer-implemented processing method for managing data flow to create and identify members for a virtual affinity group created based solely on an identified characteristic and not based on an existing affinity group, comprising:
- storing, in a data storage device, historical underwriting data and historical loss data;
analyzing, by a virtual affinity group computer processor, the historical underwriting data and the historical loss data to determine an aggregated group of risk characteristics;
identifying, by the virtual affinity group computer processor based upon analysis of the aggregated group of risk characteristics, a first set of characteristics of the virtual affinity group to be created, the identified first set of characteristics comprising at least a demographic attribute and a psychographic attribute;
creating, by the virtual affinity group computer processor, the virtual affinity group based on the identified first set of characteristics;
creating, by the virtual affinity group computer processor, a web property domain for the virtual affinity group, wherein the web property domain includes at least one of a subdomain or a top level domain, and further includes at least automated feed-generated content and user-generated interactive content accessible by members of the virtual affinity group;
determining, by the virtual affinity group computer processor based on a risk analysis performed based on the identified first set of characteristics, a benefit comprising one of a pre-qualification for a product and a reduced rate for a product to be offered to said virtual affinity group;
receiving, by the virtual affinity group computer processor, data collection instructions identifying at least two of online forums, social media sites, and other web sites to monitor for potential members of the virtual affinity group, wherein the at least two of the online forums, the social media sites, and the other web sites comprise authority sites identified based upon a page view traffic data analysis of the authority sites;
responsive to creation of the web property domain, periodically triggering a potential member identification process comprising;
receiving, by the virtual affinity group computer processor based upon the data collection instructions, online data from the at least two of the online forums, the social media sites, and the other web sites;
analyzing, by the virtual affinity group computer processor, the received online data to identify at least a first individual matching the identified first set of characteristics of the virtual affinity group, said analyzing including categorizing, based upon natural language processing of the received online data, an interest level psychographic attribute of the potential members of the virtual affinity group;
updating, by the virtual affinity group computer processor, membership data of the virtual affinity group to include information identifying the at least first individual as being eligible for membership in the virtual affinity group;
transmitting an invitation to the at least first individual to join the virtual affinity group; and
responsive to receipt of an affirmative response to the invitation, providing, by the virtual affinity group computer processor, access to the virtual affinity group, and the benefit, to the at least first individual.
1 Assignment
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Accused Products
Abstract
Pursuant to some embodiments, systems, methods, apparatus and computer program code for creating and administering virtual affinity groups are provided. Pursuant to some embodiments, a computer implemented processing method is provided which includes receiving, at an insurance processing platform, information identifying at least a first characteristic of a virtual affinity group, receiving, at the insurance processing platform, information identifying at least a first feature of the virtual affinity group and at least a first insurance related benefit to be offered to the virtual affinity group, automatically identifying at least a first individual matching the at least first characteristic, and communicating to the at least first individual information allowing the at least first individual to participate in the virtual affinity group.
69 Citations
16 Claims
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1. A computer-implemented processing method for managing data flow to create and identify members for a virtual affinity group created based solely on an identified characteristic and not based on an existing affinity group, comprising:
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storing, in a data storage device, historical underwriting data and historical loss data; analyzing, by a virtual affinity group computer processor, the historical underwriting data and the historical loss data to determine an aggregated group of risk characteristics; identifying, by the virtual affinity group computer processor based upon analysis of the aggregated group of risk characteristics, a first set of characteristics of the virtual affinity group to be created, the identified first set of characteristics comprising at least a demographic attribute and a psychographic attribute; creating, by the virtual affinity group computer processor, the virtual affinity group based on the identified first set of characteristics; creating, by the virtual affinity group computer processor, a web property domain for the virtual affinity group, wherein the web property domain includes at least one of a subdomain or a top level domain, and further includes at least automated feed-generated content and user-generated interactive content accessible by members of the virtual affinity group; determining, by the virtual affinity group computer processor based on a risk analysis performed based on the identified first set of characteristics, a benefit comprising one of a pre-qualification for a product and a reduced rate for a product to be offered to said virtual affinity group; receiving, by the virtual affinity group computer processor, data collection instructions identifying at least two of online forums, social media sites, and other web sites to monitor for potential members of the virtual affinity group, wherein the at least two of the online forums, the social media sites, and the other web sites comprise authority sites identified based upon a page view traffic data analysis of the authority sites; responsive to creation of the web property domain, periodically triggering a potential member identification process comprising; receiving, by the virtual affinity group computer processor based upon the data collection instructions, online data from the at least two of the online forums, the social media sites, and the other web sites; analyzing, by the virtual affinity group computer processor, the received online data to identify at least a first individual matching the identified first set of characteristics of the virtual affinity group, said analyzing including categorizing, based upon natural language processing of the received online data, an interest level psychographic attribute of the potential members of the virtual affinity group; updating, by the virtual affinity group computer processor, membership data of the virtual affinity group to include information identifying the at least first individual as being eligible for membership in the virtual affinity group; transmitting an invitation to the at least first individual to join the virtual affinity group; and responsive to receipt of an affirmative response to the invitation, providing, by the virtual affinity group computer processor, access to the virtual affinity group, and the benefit, to the at least first individual. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A computer system for accessing and modifying data to create and identify members for a virtual affinity group created based solely on an identified characteristic and not based on an existing affinity group, comprising:
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one or more data storage devices including historical underwriting data and historical loss data; one or more virtual affinity group computer processors in communication with the one or more data storage devices; a memory in communication with the one or more virtual affinity group computer processors and storing program instructions, the one or more virtual affinity group computer processors operative with the program instructions to; analyze the historical underwriting data and the historical loss data to determine an aggregated group of risk characteristics; identify a first set of characteristics of the virtual affinity group to be created, the first set of characteristics based upon analysis of the aggregated group of risk characteristics and comprising at least a demographic attribute and a psychographic attribute; create the virtual affinity group based on the identified first set of characteristics; create a web property domain for the virtual affinity group, wherein the web property domain includes at least one of a subdomain or a top level domain, and further includes at least automated feed-generated content and user-generated interactive content accessible by members of the virtual affinity group; determine, based on a risk analysis performed based on the identified first set of characteristics, a benefit comprising one of a pre-qualification for a product and a reduced rate for a product to be offered to said virtual affinity group; receive data collection instructions identifying at least two of online forums, social media sites, and other web sites to monitor for potential members of the virtual affinity group, wherein the at least two of the online forums, the social media sites, and the other web sites comprise authority sites identified based upon a page view traffic data analysis of the authority sites; responsive to creation of the web property domain, periodically trigger a potential member identification process to; receive, based upon the data collection instructions, online data from the at least two of the online forums, the social media sites, and the other web sites; analyze the received online data to identify at least a first individual matching the first set of characteristics of the virtual affinity group, said analyzing including categorizing, based upon natural language processing of the received online data, an interest level psychographic attribute of the potential members of the virtual affinity group; update membership data of the virtual affinity group to include information identifying the at least first individual as being eligible for membership in the virtual affinity group; transmit an invitation to the at least first individual to join the virtual affinity group; and responsive to receipt of an affirmative response to the invitation provide access to the virtual affinity group, and the benefit, to the at least first individual. - View Dependent Claims (8, 9, 10, 11, 12, 13)
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14. A non-transitory computer readable medium for managing data flow to create and identify members for a virtual affinity group created based solely on an identified characteristic and not based on an existing affinity group, having stored therein computer readable instructions that, upon execution by a virtual affinity group computer processor, cause the virtual affinity group computer processor to:
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analyze historical underwriting data and the historical loss data to determine an aggregated group of risk characteristics; identify a first set of characteristics of the virtual affinity group to be created, the first set of characteristics based upon analysis of the aggregated group of risk characteristics and comprising at least a demographic attribute and a psychographic attribute; create the virtual affinity group based on the identified first set of characteristics; create a web property domain for the virtual affinity group, wherein the web property domain includes at least one of a subdomain or a top level domain, and further includes at least automated feed-generated content and user-generated interactive content accessible by members of the virtual affinity group; determine, based on a risk analysis performed based on the identified first set of characteristics, a benefit to be offered to said virtual affinity group, the benefit including at least one of a pre-qualification for a product and eligibility for a reduced rate; receive data collection instructions identifying at least two online forums, social media sites, and other web sites to monitor for potential members of the virtual affinity group, wherein the at least two of the online forums, the social media sites, and the other web sites comprise authority sites identified based upon a page view traffic data analysis of the authority sites; responsive to creation of the web property domain, periodically trigger a potential member identification process to; receive, based upon the data collection instructions, online data from the at least two of the online forums, the social media sites, and the other web sites; analyze the received online data to identify at least a first individual matching the first set of characteristics of the virtual affinity group, said analyzing including categorizing, based upon natural language processing of the received online data, an interest level psychographic attribute of the potential members of the virtual affinity group; update membership data of the virtual affinity group to include information identifying said at least first individual as being eligible for membership in the virtual affinity group; transmit an invitation to the at least first individual to join the virtual affinity group; and responsive to receipt of an affirmative response to the invitation, provide access to the virtual affinity group, and the benefit, to the at least first individual. - View Dependent Claims (15, 16)
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Specification