Invention Grant
- Patent Title: System and method for sensor-enhanced insurance coverage and monitoring service
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Application No.: US15255920Application Date: 2016-09-02
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Publication No.: US10762573B2Publication Date: 2020-09-01
- Inventor: Terrance Luciani
- Applicant: METROPOLITAN LIFE INSURANCE CO.
- Applicant Address: US NY New York
- Assignee: METROPOLITAN LIFE INSURANCE CO.
- Current Assignee: METROPOLITAN LIFE INSURANCE CO.
- Current Assignee Address: US NY New York
- Agency: Polsinelli PC
- Main IPC: G06Q40/08
- IPC: G06Q40/08 ; H04W4/90

Abstract:
A network of sensors is utilized to capture and relay data that is relevant to specific types of insurance coverage. Sensors included in the network can be deployed as specialized devices, or can be found in existing consumer products. Behavioral and environmental data collected from the sensor network is used to establish a feedback relationship between an insurance policy holder's behavior and insurance policy pricing. Various types of insurance products can benefit from behavioral and environmental data, including health insurance, dental insurance, disability insurance and automobile insurance. Collected data can be used for other purposes, such as initial risk assessment, risk monitoring, and prevention services.
Public/Granted literature
- US20170069034A1 SYSTEM AND METHOD FOR SENSOR-ENHANCED INSURANCE COVERAGE AND MONITORING SERVICE Public/Granted day:2017-03-09
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