Abstract: Transformation of disparate data for use in rendering a decision involving a potentially insurable risk. An Extract, Transform, Load (ETL) process extracts the data and converts it from a plurality of formats into a standard format for processing. A heuristic engine inferentially processes the converted data to identify information relevant to the decision to be rendered. A consolidation and presentation engine generates presentable knowledge from the relevant information and then presents the knowledge to a decision-making entity for rendering the decision. And an optimization feedback process monitors one or more actions on the presented knowledge by the decision-making entity and adjusts one or more of the ETL process, the heuristic engine, and the consolidation and presentation engine as a function of the monitored actions.
Type:
Application
Filed:
May 29, 2014
Publication date:
September 18, 2014
Applicant:
RGA REINSURANCE COMPANY
Inventors:
J. David Burgoon, JR., David L. Snell, Susan L. Wehrman
Abstract: Transformation of disparate data for use in rendering a decision involving a potentially insurable risk. An Extract, Transform, Load (ETL) process extracts the data and converts it from a plurality of formats into a standard format for processing. A heuristic engine inferentially processes the converted data to identify information relevant to the decision to be rendered. A consolidation and presentation engine generates presentable knowledge from the relevant information and then presents the knowledge to a decision-making entity for rendering the decision. And an optimization feedback process monitors one or more actions on the presented knowledge by the decision-making entity and adjusts one or more of the ETL process, the heuristic engine, and the consolidation and presentation engine as a function of the monitored actions.
Type:
Grant
Filed:
October 17, 2011
Date of Patent:
July 8, 2014
Assignee:
RGA Reinsurance Company
Inventors:
J. David Burgoon, Jr., David L. Snell, Susan L. Wehrman
Abstract: Transformation of disparate data for use in rendering a decision involving a potentially insurable risk. An Extract, Transform, Load (ETL) process extracts the data and converts it from a plurality of formats into a standard format for processing. A heuristic engine inferentially processes the converted data to identify information relevant to the decision to be rendered. A consolidation and presentation engine generates presentable knowledge from the relevant information and then presents the knowledge to a decision-making entity for rendering the decision. And an optimization feedback process monitors one or more actions on the presented knowledge by the decision-making entity and adjusts one or more of the ETL process, the heuristic engine, and the consolidation and presentation engine as a function of the monitored actions.
Type:
Application
Filed:
October 17, 2011
Publication date:
November 22, 2012
Applicant:
RGA REINSURANCE COMPANY
Inventors:
J. David Burgoon, JR., David L. Snell, Susan L. Wehrman
Abstract: A computerized system and method for administering non-disinvesting policy loans on insurance contracts. Grant or denial of a non-disinvesting policy loan on an insurance contract is based on market conditions and specific policy data. The invention administers such a loan in compliance with state insurance laws and security requirements, including the transfer of funds among policy sub-accounts without liquidating the funds before transfer and/or the transfer of non-disinvesting policy loans as appropriate.