Patents by Inventor Kelly L. Frey, Sr.
Kelly L. Frey, Sr. 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).
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Patent number: 10817952Abstract: 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: GrantFiled: December 20, 2017Date of Patent: October 27, 2020Assignee: Hartford Fire Insurance CompanyInventors: Jonathan A. Helitzer, Joseph R. Carvalko, Jr., Kelly L. Frey, Sr., G. Stewart Murchie, Susannah Chen, Steven Rippel, Casey Ellen Campbell
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Patent number: 10032224Abstract: The invention herein generally pertains to underwriting an insurance policy utilizing sensors to detect, determine, measure and assess one or more conditions, states of affairs, physical properties and process as each relates an insurable property interest. More specifically is disclosed a method and computerized system for managing the underwriting, quoting and binding an insurance policy with regard to the technology used to militate against the financial consequences of certain property losses. The significance of operable safety related devices or system loads are important diagnostic safety markers for measuring one or more properties affecting the safety or risk aversion and for underwriting an insurable interest. This invention also relates to a system and a method for acquiring and assessing the qualities, variables and parameters that affect the underwriting premium for a building structure (commercial or residential), vehicle, aircraft, marine craft or cargo.Type: GrantFiled: March 18, 2010Date of Patent: July 24, 2018Assignee: Hartford Fire Insurance CompanyInventors: Jonathan Helitzer, G. Stewart Murchie, Kelly L. Frey, Sr., Casey Ellen Campbell, Joseph R. Carvalko, Jr.
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Patent number: 9881342Abstract: 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: GrantFiled: April 8, 2016Date of Patent: January 30, 2018Assignee: HARTFORD FIRE INSURANCE COMPANYInventors: Jonathan A. Helitzer, Joseph R. Carvalko, Jr., Kelly L. Frey, Sr., G. Stewart Murchie, Susannah Chen, Steven Rippel, Casey Ellen Campbell
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Publication number: 20160225098Abstract: 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: ApplicationFiled: April 8, 2016Publication date: August 4, 2016Inventors: Jonathan A. Helitzer, Joseph R. Carvalko, JR., Kelly L. Frey, SR., G. Stewart Murchie, Susannah Chen, Steven Rippel, Casey Ellen Campbell
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Patent number: 9311676Abstract: 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: GrantFiled: August 16, 2007Date of Patent: April 12, 2016Assignee: Hartford Fire Insurance CompanyInventors: Jonathan A. Helitzer, Joseph R. Carvalko, Jr., Kelly L. Frey, Sr., G. Stewart Murchie, Susannah Chen, Steven Rippel, Casey Ellen Campbell
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Patent number: 8271303Abstract: 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, are assigned 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: GrantFiled: February 19, 2010Date of Patent: September 18, 2012Assignee: Hartford Fire Insurance CompanyInventors: Jonathan Helitzer, G. Stewart Murchie, Kelly L. Frey, Sr., Casey Ellen Campbell, Joseph R. Carvalko, Jr.
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Publication number: 20100174566Abstract: The invention herein generally pertains to underwriting an insurance policy utilizing sensors to detect, determine, measure and assess one or more conditions, states of affairs, physical properties and process as each relates an insurable property interest. More specifically is disclosed a method and computerized system for managing the underwriting, quoting and binding an insurance policy with regard to the technology used to militate against the financial consequences of certain property losses. The significance of operable safety related devices or system loads are important diagnostic safety markers for measuring one or more properties affecting the safety or risk aversion and for underwriting an insurable interest. This invention also relates to a system and a method for acquiring and assessing the qualities, variables and parameters that affect the underwriting premium for a building structure (commercial or residential), vehicle, aircraft, marine craft or cargo.Type: ApplicationFiled: March 18, 2010Publication date: July 8, 2010Applicant: Hartford Fire Insurance CompanyInventors: Jonathan Helitzer, G. Stewart Murchie, Kelly L. Frey, SR., Casey Ellen Kempton, Joseph R. Carvalko, JR.