Identifying and recommending insurance policy products/services using informatic sensor data
A computer system and method for processing insurance claim data to identify and recommend insurance policy modifications using informatic data from one or more informatic sensor devices relating to a dwelling. Analytical analysis is performed on the received informatic data to determine a dwelling assessment value regarding an insurance risk relating to the dwelling. Electronic data relating to an insurance policy associated with the dwelling is received by a computer processor and is electronically analyzed to determine insurance coverage and liability values for the dwelling as prescribed by the insurance policy. Predefined business rules are utilized by a computer processor using at least the dwelling assessment value and the determined insurance coverage and liability values for the dwelling to determine, and preferably recommend, one or more insurance products for inclusion with the insurance policy to mitigate insuree liability regarding the dwelling.
1. A system for processing electronic data, comprising:
a database configured to store at least one insurance dataset corresponding to a dwelling, the at least one insurance dataset comprising one or more data records corresponding to one or more insurance coverages of one or more attributes of the dwelling;
a plurality of electronic sensor devices associated with the dwelling configured to capture data relating to the dwelling and to electronically transmit captured data, the plurality of electronic sensor devices comprising at least a motion sensor configured to collect data associated with structural movement of the dwelling; and
a server communicatively coupled with the database and each electronic sensor device within the plurality of electronic sensor devices, the server programmed to:
generate an instruction configured to receive data associated with the structural movement of the dwelling;
transmit the instruction to the motion sensor, the instruction configured to initiate a data capture by the motion sensor;
determine a structural susceptibility value based on the data received from the motion sensor;
retrieve the at least one insurance dataset corresponding to the dwelling;
determine whether the at least one insurance dataset comprises at least one data record corresponding to the structural susceptibility value; and
transmit an electronic message configured to notify an electronic device associated with the dwelling, the electronic message comprising the structural susceptibility value and at least one corresponding insurance dataset excluded from the one or more insurance coverages.
2. The system as recited in claim 1 , wherein the electronic device associated with the dwelling is an electronic sensor device.
3. The system as recited in claim 1 , wherein the plurality of electronic sensor devices further comprises electronic sensor devices to detect at least one of temperature, humidity, water, leak, wind speed, motion, electrical, positional, structural, environmental, appliance and image.
4. The system as recited in claim 1 , wherein the electronic device associated with the dwelling is a mobile device associated with the dwelling.
5. The system as recited in claim 1 , wherein the at least one insurance dataset excluded from the one or more insurance coverages corresponds to a coverage gap.
6. The system as recited in claim 1 , wherein the plurality of electronic sensor devices further comprises an appliance sensor.
7. The system as recited in claim 6 , wherein the server is further configured to:
generate a second instruction configured to receive data associated with operating parameters of one or more appliances within the dwelling;
transmit the second instruction to the appliance sensor; and
determine an appliance susceptibility value based on data received from the appliance sensor.
8. The system as recited in claim 7 , wherein the server determines whether the at least one insurance dataset comprises at least one data record corresponding to the appliance susceptibility value.
9. The system as recited in claim 1 , wherein the server is further configured to determine a maintenance score based on the structural susceptibility value.
10. The system as recited in claim 9 , wherein the electronic message further comprises the maintenance score.
11. A method comprising:
generating, by a server, an instruction configured to receive data associated with structural movement of the dwelling;
transmitting, by the server, the instruction to a motion sensor from a plurality of electronic sensor devices, the instruction configured to initiate a data capture by the motion sensor, the plurality of electronic sensor devices associated with the dwelling configured to capture data relating to the dwelling and to electronically transmit captured data, the plurality of electronic sensor devices comprising at least a motion sensor configured to collect data associated with structural movement of the dwelling;
determining, by the server, a structural susceptibility value based on the data received from the motion sensor;
retrieving, by the server from a database, at least one insurance dataset corresponding to the dwelling, the database configured to store at least one insurance dataset corresponding to the dwelling, the at least one insurance dataset comprising one or more data records corresponding to one or more insurance coverages of one or more attributes of the dwelling;
determining, by the server, whether the at least one insurance dataset comprises at least one data record corresponding to the structural susceptibility value; and
transmitting, by the server, an electronic message configured to notify an electronic device associated with the dwelling, the electronic message comprising the structural susceptibility value and at least one corresponding insurance dataset excluded from the one or more insurance coverages.
12. The method as recited in claim 11 , wherein the electronic device associated with the dwelling is an electronic sensor device.
13. The method as recited in claim 11 , wherein the plurality of electronic sensor devices further comprises electronic sensor devices to detect at least one of temperature, humidity, water leak, wind speed, motion, electrical, positional, structural, environmental, appliance and image.
14. The method as recited in claim 11 , wherein the electronic device associated with the dwelling is a mobile device associated with the dwelling.
15. The method as recited in claim 11 , wherein the at least one insurance dataset excluded from the one or more insurance coverages corresponds to a coverage gap.
16. The method as recited in claim 11 , wherein the plurality of electronic sensor devices further comprises an appliance sensor.
17. The method as recited in claim 16 , further comprising:
generating, by the server, a second instruction configured to receive data associated with operating parameters of one or more appliances within the dwelling;
transmiting, by the server, the second instruction to the appliance sensor; and
determining, by the server, an appliance susceptibility value based on data received from the appliance sensor.
18. The method as recited in claim 17 , wherein the server determines whether the at least one insurance dataset comprises at least one data record corresponding to the appliance susceptibility value.
19. The method as recited in claim 11 , further comprising:
determining, by the server, a maintenance score based on the structural susceptibility value.
20. The method as recited in claim 19 , wherein the electronic message further comprises the maintenance score.