Patents by Inventor G. Murchie

G. Murchie 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: 20080065427
    Abstract: The invention relates to systems and methods for analyzing data collected from sensors monitoring property. In particular, the systems and methods analyze the data to make property insurance underwriting decisions based on the collected sensor data using a computerized process that varies the way in which it manipulates the collected sensor data based on a characteristic of the property being insured, a characteristic of the entity seeking the insurance, and/or on the value of one or more collected data parameters. The invention also relates to systems and methods of making property insurance pricing decisions based on a similarly dynamic computerized process.
    Type: Application
    Filed: August 16, 2007
    Publication date: March 13, 2008
    Applicant: Hartford Fire Insurance Company
    Inventors: Jonathan Helitzer, Joseph Carvalko, Kelly Frey, G. Murchie, Susannah Chen, Steven Rippel, Casey Campbell
  • Publication number: 20050055249
    Abstract: A method and computerized system is disclosed for managing the underwriting, quoting and binding an insurance policy with regard to the technology used to militate against the financial consequences of property losses. The invention utilizes a classifier for categorizing and weighing risk, composed of data representing in an identified building, a first unmitigated insurance risk and a second insurance risk, based upon the use of certain technology. A plurality of such weights are summed such that the weights generate a minimized risk for a building structure under consideration combinations of technologies, employed in existing building structures to a classification, which then permits an underwriter to establish a premium. In another aspect of the invention data structures representing the quantification of risk reduction attendant a given technology or product are chained into a plurality of decision trees that process a construction phase and a pruning phase.
    Type: Application
    Filed: September 4, 2003
    Publication date: March 10, 2005
    Inventors: Jonathon Helitzer, G. Murchie, Kelly Frey, Casey Kempton, Joseph Carvalko