Patents by Inventor Brandon A. Banks

Brandon A. Banks has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Publication number: 20240005412
    Abstract: According to some embodiments, a risk relationship data store may contain electronic records, each electronic record representing a risk relationship between an enterprise and a risk relationship provider (e.g., an insurer), and including, for each risk relationship, an electronic record identifier and a set of estimated usage attribute values. A back-end application computer server may receive, from a current usage data source, current usage information for the enterprise (e.g., financial information, utility information, IoT information, etc.). Based on the current usage information, the computer server may infer a likely actual current usage for the enterprise. The computer server may then compare the likely actual current usage with the predicted usage attribute value to determine a risk difference result and adjust a risk relationship parameter based on the risk difference result.
    Type: Application
    Filed: September 19, 2023
    Publication date: January 4, 2024
    Inventors: Brandon A. Banks, Kenneth J. Zygiel
  • Patent number: 11798093
    Abstract: According to some embodiments, a risk relationship data store may contain electronic records, each electronic record representing a risk relationship between an enterprise and a risk relationship provider (e.g., an insurer), and including, for each risk relationship, an electronic record identifier and a set of estimated usage attribute values. A back-end application computer server may receive, from a current usage data source, current usage information for the enterprise (e.g., financial information, utility information, IoT information, etc.). Based on the current usage information, the computer server may infer a likely actual current usage for the enterprise. The computer server may then compare the likely actual current usage with the predicted usage attribute value to determine a risk difference result and adjust a risk relationship parameter based on the risk difference result.
    Type: Grant
    Filed: October 9, 2020
    Date of Patent: October 24, 2023
    Assignee: HARTFORD FIRE INSURANCE COMPANY
    Inventors: Brandon A. Banks, Kenneth J. Zygiel
  • Publication number: 20220114671
    Abstract: According to some embodiments, a risk relationship data store may contain electronic records, each electronic record representing a risk relationship between an enterprise and a risk relationship provider (e.g., an insurer), and including, for each risk relationship, an electronic record identifier and a set of estimated usage attribute values. A back-end application computer server may receive, from a current usage data source, current usage information for the enterprise (e.g., financial information, utility information, IoT information, etc.). Based on the current usage information, the computer server may infer a likely actual current usage for the enterprise. The computer server may then compare the likely actual current usage with the predicted usage attribute value to determine a risk difference result and adjust a risk relationship parameter based on the risk difference result.
    Type: Application
    Filed: October 9, 2020
    Publication date: April 14, 2022
    Inventors: Brandon A. Banks, Kenneth J. Zygiel
  • Publication number: 20200184567
    Abstract: Some embodiments are directed to an automated transaction-based risk assignment. A risk relationship data store may contain electronic records that represent a plurality of risk relationships between an enterprise and a plurality of entities, and each record may include a relationship identifier and attribute resource values associated with risk attributes. A back-end application computer server may receive an indication of a transaction between a first and second entity and interact with the first entity to create a definition document for the transaction. The server may also receive from the first entity an indication that a transaction-based risk relationship should be created with the enterprise in connection with the transaction.
    Type: Application
    Filed: December 10, 2018
    Publication date: June 11, 2020
    Inventors: Brandon A. Banks, Daniel L Campany, Andrew Thomas Hausmann, Christopher S. Lowell, Doug A Summerson, Albert Lee Whitley, JR.