Invention Grant
- Patent Title: System and method using third-party data to provide risk relationship adjustment recommendation based on upcoming life event
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Application No.: US16722998Application Date: 2019-12-20
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Publication No.: US11308561B2Publication Date: 2022-04-19
- Inventor: Jennifer Maia Amaral , Matthew Brown , Christopher J Gimpl
- 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: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/08 ; G06Q10/06

Abstract:
A system to provide a risk relationship life event analytical modeling platform via a back-end application computer server of an enterprise. The system may include a risk relationship data store that contains electronic records representing potential risk relationships between the enterprise and a plurality of entities. Each record may include an electronic record identifier, at least one third-party indication associated with an upcoming life event, and a communication address. The server may determine a selected potential risk relationship and retrieve, from the risk relationship data store, the electronic record associated with the selected potential risk relationship. An analytical model may be executed based on the upcoming life event to generate a risk relationship adjustment recommendation for the selected potential risk relationship. The server may then automatically transmit information about the risk relationship adjustment recommendation to the communication address.
Public/Granted literature
Information query