Hartford Fire Insurance Assigned Patent for Feedback Loop Linked Models

ALEXANDRIA, Va., Jan. 31 -- Hartford Fire Insurance, Hartford, Connecticut, has been assigned a patent (9,881,340) developed by three co-inventors for "feedback loop linked models for interface generation." The co-inventors are Timothy P. Kenefick, South Windsor, Connecticut, Eric Besman, Manchester, Connecticut, and Theresa C. Murphy, Colchester, Connecticut. The abstract states: "The invention relates to a system for handling insurance requests, such as new coverage applications, renewal applications, and insurance quote requests. The system includes at least two computerized predictive models whose outputs each serve as inputs to the other. A business logic module is included in the system to process insurance requests with the predictive models to determine one or more sets of recommended policy parameters for the user and to output the determination to the user via a user interface. In various embodiments, the predictive models also output workflow components (such as underwriting workflow components) and price components (such as premium prices) corresponding to output suggested sets of coverage parameters."

The patent application was filed on May 16, 2011 (13/108,558). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=9,881,340.PN.&OS=PN/9,881,340&RS=PN/9,881,340

Written by Ranjan Behera; edited by Sudarshan Harpal.