Invention Grant
- Patent Title: Performance estimation system utilizing a data analytics predictive model
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Application No.: US15098074Application Date: 2016-04-13
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Publication No.: US10599670B2Publication Date: 2020-03-24
- Inventor: Jufeng Peng , Gregory Patrick Larsson , Michael F Kosednar , Anne S Gouin
- Applicant: Hartford Fire Insurance Company
- Applicant Address: US CT Hartford
- Assignee: Hartford Fire Insurance Company
- Current Assignee: Hartford Fire Insurance Company
- Current Assignee Address: US CT Hartford
- Agency: Buckley, Maschoff & Talwalkar LLC
- Main IPC: G06F16/26
- IPC: G06F16/26 ; G06F11/34 ; G06F11/32

Abstract:
According to some embodiments, a server may access a data store containing electronic records, each electronic record representing a risk association for an entity in connection with a plurality of relationships, and each electronic record may contain a set of record characteristic values. The server may automatically designate a first sub-set of the set of record characteristic values as fixed effect variables and a second sub-set as random effect variables. A data analytics mixed effect predictive model may then generate, based on the fixed and random effect variables, a future performance estimation value for the risk association of each entity in connection with its plurality of relationships. An indication associated with the future performance estimation value for the risk association of at least one entity in connection with its plurality of relationships may then be transmitted to generate an interactive user interface display.
Public/Granted literature
- US20170300824A1 PERFORMANCE ESTIMATION SYSTEM UTILIZING A DATA ANALYTICS PREDICTIVE MODEL Public/Granted day:2017-10-19
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