Genworth Financial Assigned Patent
Targeted News Service |
By
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A method and system for fusing a collection of classifiers used for an automated insurance underwriting system and/or its quality assurance is described. Specifically, the outputs of a collection of classifiers are fused. The fusion of the data will typically result in some amount of consensus and some amount of conflict among the classifiers. The consensus will be measured and used to estimate a degree of confidence in the fused decisions. Based on the decision and degree of confidence of the fusion and the decision and degree of confidence of the production decision engine, a comparison module may then be used to identify cases for audit, cases for augmenting the training/test sets for re-tuning production decision engine, cases for review, or may simply trigger a record of its occurrence for tracking purposes. The fusion can compensate for the potential correlation among the classifiers. The reliability of each classifier can be represented by a static or dynamic discounting factor, which will reflect the expected accuracy of the classifier. A static discounting factor is used to represent a prior expectation about the classifier's reliability, e.g., it might be based on the average past accuracy of the model, while a dynamic discounting is used to represent a conditional assessment of the classifier's reliability, e.g., whenever a classifier bases its output on an insufficient number of points it is not reliable."
The patent application was filed on
Written by
SH0704JA0704-756109
Copyright: | (c) 2012 Targeted News Service |
Wordcount: | 346 |
Primary Care Doctors in the US Industry Market Research Report Now Available from IBISWorld
William F. Dooling Jr., 92, decorated WWII veteran [The Philadelphia Inquirer]
Advisor News
Annuity News
Health/Employee Benefits News
Life Insurance News