Sensormatic Electronics Assigned Patent for Method for Augmenting Underwriting of Insurance Policies - Insurance News | InsuranceNewsNet

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January 26, 2021 Newswires
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Sensormatic Electronics Assigned Patent for Method for Augmenting Underwriting of Insurance Policies

Targeted News Service (Patent Abstracts)

ALEXANDRIA, Va., Jan. 27 -- Sensormatic Electronics, Boca Raton, Florida, has been assigned a patent (No. 10,902,524, initially filed Sept. 30, 2015) developed by two co-inventors for a "sensor based system and method for augmenting underwriting of insurance policies." The co-inventors are Christine Trainor, Boca Raton, Florida, and David Vavrasek, Westfield, New Jersey.

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=10,902,524.PN.&OS=PN/10,902,524&RS=PN/10,902,524

The abstract states: "Techniques for detecting physical conditions at a physical premises from collection of sensor information from plural sensors execute one or more unsupervised learning models to continually analyze the collected sensor information to produce operational states of sensor information, produce sequences of state transitions, detect during the continual analysis of sensor data that one or more of the sequences of state transitions is a drift sequence, correlate determined drift state sequence to a stored determined condition at the premises, and generate an alert based on the determined condition. Various uses are described for these techniques."

Written by Jayanti Behera; edited by Sudarshan Harpal.

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