Patent Issued for System And Method For Determining An Insurance Premium Quote Based On Human Telematic Data And Structure Related Telematic Data (USPTO 10,650,470)

2020 MAY 26 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A patent by the inventors Manzella, Matthew James (Glen Ellyn, IL); Ismaili, Alinawaz (Skokie, IL), filed on September 6, 2019, was published online on May 25, 2020, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents.

Patent number 10,650,470 is assigned to Allstate Insurance Company (Northbrook, Illinois, United States).

The following quote was obtained by the news editors from the background information supplied by the inventors: “The use of telematics sensors and other location-aware, status-aware devices have begun to make their way into the marketplace. Currently, they are used with vehicles to determine a driver’s speed or perhaps location/route traveled. This information is typically used to ensure employees are not deviating from established travel routes or driving in an unsafe fashion. The data received is currently data depicting how or where a person has driven. It is inherently dated or otherwise depicting past events when viewed or analyzed. As the current systems and methods are not set up to provide real-time analysis of an individual or their current environment, the systems cannot provide a user with information regarding near-real-time data with regards to driving activity and health status. Current systems are basing insurance premium quotes on outdated data or incomplete data.

“As such, what is needed is a system and method that monitors, near-real-time, a user, and their environment that is capable of providing a more accurate analysis and insurance premium quote.”

In addition to the background information obtained for this patent, NewsRx journalists also obtained the inventors’ summary information for this patent: “A system for processing building environmental safety status health data and building data related to the determination of an insurance quote for a user. The system includes a communications interface configured to receive health telematics data collected by a telematics data acquisition device. The telematics data acquisition device is configured to collect health telematic data of a building environmental safety status, the health telematic data being indicative of the building environmental safety status health while the user is within a building. Additionally, the data acquisition device is also configured to receive building telematic data collected by a telematics data acquisition device, wherein the telematics data acquisition device is configured to collect telematics data of a building indicative of building safety. The device provides the health telematic and the building telematic data to a business logic processor for the development of an insurance premium quote based on at least one of the received health telematics data or building telematic data. Further, the system transmits the insurance quote to the user.

“An additional aspect includes a method of providing an insurance premium quote to a user based upon human telematics data and building telematic data. The method includes providing a first sensor to be worn by a user and a first sensor data indicative of measured at least one user-health telematic data. Further, the method includes providing a second sensor, in communication with a building occupied by the user, the second sensor outputting a second sensor data indicative of a measured at least one building telematic data. Still, further, the method includes providing a computing unit, in communication with the first sensor and the second sensor, the computing unit storing program instructions for execution by the computing unit. The computing unit receives the first sensor data and the second sensor data, calculates a risk level associated with the first sensor data and the second sensor data and, provides an output insurance premium quote indicative of the risk level of first sensor data and the second sensor data to the user.”

The claims supplied by the inventors are:

“What is claimed is:

“1. A non-transitory computer-readable storage medium with instructions stored thereon that, when executed, direct a processor to perform acts comprising: sensing a health telematic data via a telematics data acquisition device that provides substantially continuous health telematic data status monitoring, wherein the health telematic data relates to at least one user-health condition data; receiving the health telematic data via a communications interface, health telematics data collected by the telematics data acquisition device; receiving building telematic data indicative of a nature of the building’s prior use via the communications interface, building telematics data collected by a building telematics data acquisition device; determining an insurance quote based on the received health telematic data and the received building telematic data; and, transmitting the insurance quote to the user via a mobile device for immediate acceptance.

“2. The computer-readable storage medium of claim 1, wherein the step of receiving health telematic data includes user health condition data including at least one of a body mass index, blood pressure, respiratory rate, heart rate, perspiration, body temperature, blood sugar level, brain function (EEG), vacillations in blood sugar level, hours of sleep, physical activity rate and duration, water consumption, food consumption, alcohol consumption, amount of sunlight exposure, and/or exposure to any variety of air or water pollutants data.

“3. The computer-readable storage medium of claim 2, wherein the health telematic data indicates the user is in an unsafe condition.

“4. The computer-readable storage medium of claim 1, wherein the step of receiving building telematic data includes receiving building telematic data of at least one of a data related to building/user environment structural condition, building/user environment air quality, geographic location, temperature/humidity level, HVAC status, security devices, ingress/egress configuration, building materials, nature of use (current/historic) and surrounding environmental conditions.

“5. The computer-readable storage medium of claim 4, wherein the building telematic data indicates the user is in or near an unsafe environment or location.

“6. The computer-readable storage medium of claim 3, wherein the unsafe condition detected with the user’s health is related to user telematic data about at least one of a body mass index, blood pressure, respiratory rate, heart rate, perspiration, body temperature, eye dilation, blood sugar level, brain function (EEG), vacillations in blood sugar level, hours of sleep, physical activity rate and duration, water consumption, food consumption, alcohol consumption, amount of sunlight exposure, and/or exposure to any variety of air or water pollutants data.

“7. The computer-readable storage medium of claim 1, further comprising, transmitting the insurance quote to an insurance company.

“8. The computer-readable storage medium of claim 1, wherein the building telematic data is current building telematic data.

“9. The computer-readable storage medium of claim 1, wherein the building telematic data also includes is historic building telematic data.

“10. The computer-readable storage medium of claim 1, wherein the building telematic data includes both current building telematic data and historic telematic data.

“11. The computer-readable storage medium of claim 1, wherein acceptance of the insurance quote yields a binding insurance policy.

“12. The computer-readable storage medium of claim 11, wherein the binding policy covers either personal or real property.

“13. A method to perform acts, comprising: providing a first sensor, the first sensor being configured to substantially continually sense a users-health telematic data while the user is within a building; providing a second sensor, in communication with a building occupied by the user, the second sensor outputting a second sensor data indicative of an at least one of a historic building telematic data indicating a nature of the building’s prior use; providing a computing unit, in communication with the first sensor and the second sensor, the computing unit storing program instructions for execution by the computing unit to: receive the first sensor data and the second sensor data; calculate a risk level associated with the first sensor data and the second sensor data; determine an insurance quote based on the risk level; and, transmit the insurance quote to the user via a mobile device for immediate acceptance.

“14. The method of claim 13, further comprising transmitting the insurance quote to the user via email.

“15. The method of claim 13, wherein at least one historic building telematic data includes at least one of a structural condition, building materials, prior building contents, building construction materials, and nature of use.

“16. The method of claim 15, wherein the at least one historic building telematic data indicates that the historical nature of the building indicates an unsafe environment within the building.

“17. A system, comprising: a tangible computer-readable storage medium with instructions stored thereon that, when executed, direct a processor to: receive a user-health telematic data collected substantially continuously, the health telematic data being indicative of a user’s current health status while within a building; receive a user environmental telematic data indicative of an environmental quality around the user; receive a historic building telematic data indicative of historical building data and the historical nature of prior building use; calculate a risk level associated with the received user-health telematic data and the historic building telematic data; and, calculate an insurance quote indicative of the risk level based upon the user-health telematic data and the historic building telematic data, and; transmit the insurance quote to the user via a mobile device for immediate acceptance.

“18. The system of claim 17, further comprising, transmitting the insurance quote to an insurance company or insurance agent.

“19. The system of claim 17, wherein historic building telematic data indicates that a building has endured a seismic event.

“20. The system of claim 17, wherein the building telematic data includes at least one of a data related to building/user environment structural condition, building/user environment air quality, geographic location, temperature/humidity level, HVAC status, security devices, ingress/egress configuration, building materials, nature of use (current/historic) and surrounding environmental conditions.”

URL and more information on this patent, see: Manzella, Matthew James; Ismaili, Alinawaz. System And Method For Determining An Insurance Premium Quote Based On Human Telematic Data And Structure Related Telematic Data. U.S. Patent Number 10,650,470, filed September 6, 2019, and published online on May 25, 2020. Patent URL: 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=10,650,470.PN.&OS=PN/10,650,470RS=PN/10,650,470

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