Abstract: The present invention is generally directed to systems and methods for risk analysis through mapping. It is more specifically directed to systems and methods for risk analysis through mapping certain company features in relation to business insurance. In one case, the present invention provides a method of determining a risk pattern.
Abstract: The present invention is generally directed to systems and methods for data ingestion related to business insurance. It is more specifically directed to systems and methods for developing a code set for a business insurance product. In one aspect, the present invention provides a method of developing an insurance code set. The method comprises the steps of: using one or more data ingestion tools to identify and extract claim events from available databases; translating each claim event into one or more sentences using a natural language processing model; storing the one or more sentences in a database in a tabular format; accessing the tabular format and assigning a code to each entry, thereby developing an insurance code set.