AUTOMATED INSURANCE CLAIM EVALUATION THROUGH CORRELATED METADATA
Technology for leveraging machine learning to streamline and automate insurance claim evaluations by connecting various data sources relevant to an insurance claim, including metadata from various smart devices, to identify reliable information corroborated by multiple sources and generate objective scoring values associated with parties submitting insurance claims. Output from the leveraged machine learning techniques can be used to automatically output an insurance claim determination or provide enhanced information to an insurance providing entity through a graphical user interface (GUI) to augment and assist in making such a determination.
1 . A computer-implemented method (CIM) comprising:
receiving an insurance event data set, including a plurality of event metadata values;
parsing the event metadata values into a plurality of event data categories;
generate an initial network of correlations between at least some event metadata values within a shared event data category;
generate a secondary network of correlations between at least some event metadata values, where connections are made between event metadata values of different event data categories based, at least in part, on a nature of information corresponding to the event metadata values;
generating a personal risk score (PRS) for one or more involved parties corresponding to an insurance event based, at least in part, on inconsistencies between event metadata values within the initial and secondary networks;
automatically generating an insurance claim conclusion based on one or more PRS scores; and
responsive to automatically generating the insurance claim conclusion, outputting over a computer network to a computer device an electronic message that is modified based on the insurance claim conclusion.
2 . The CIM of claim 1 , wherein the PRS scores are selected from the group consisting of: (i) low risk, (ii) medium risk, and (iii) high risk.
3 . The CIM of claim 2 , wherein the automatically generated insurance claim conclusion is a claim denial based, at least in part, on a high risk PRS score.
4 . The CIM of claim 1 , wherein the outputted electronic message further includes information indicative of how the PRS score was calculated that resulted in the automatically generated insurance claim conclusion.
5 . The CIM of claim 1 , wherein the plurality of event metadata values includes a heartrate metadata set from a wearable smart device, with the heartrate metadata set including at least one heartrate value associated with a timestamp.
6 . The CIM of claim 1 , wherein the plurality of event metadata values includes an accelerometer metadata set from a wearable smart device, with the accelerometer metadata set including at least one acceleration value associated with a timestamp.
7 . A computer program product (CPP) comprising:
a machine readable storage device; and
computer code stored on the machine readable storage device, with the computer code including instructions for causing a processor(s) set to perform operations including the following:
receiving an insurance event data set, including a plurality of event metadata values;
parsing the event metadata values into a plurality of event data categories,
generate an initial network of correlations between at least some event metadata values within a shared event data category,
generate a secondary network of correlations between at least some event metadata values, where connections are made between event metadata values of different event data categories based, at least in part, on a nature of information corresponding to the event metadata values,
generating a personal risk score (PRS) for one or more involved parties corresponding to an insurance event based, at least in part, on inconsistencies between event metadata values within the initial and secondary networks,
automatically generating an insurance claim conclusion based on one or more PRS scores, and
responsive to automatically generating the insurance claim conclusion, outputting over a computer network to a computer device an electronic message that is modified based on the insurance claim conclusion.
8 . The CPP of claim 7 , wherein the PRS scores are selected from the group consisting of: (i) low risk, (ii) medium risk, and (iii) high risk.
9 . The CPP of claim 8 , wherein the automatically generated insurance claim conclusion is a claim denial based, at least in part, on a high risk PRS score.
10 . The CPP of claim 7 , wherein the outputted electronic message further includes information indicative of how the PRS score was calculated that resulted in the automatically generated insurance claim conclusion.
11 . The CPP of claim 7 , wherein the plurality of event metadata values includes a heartrate metadata set from a wearable smart device, with the heartrate metadata set including at least one heartrate value associated with a timestamp.
12 . The CPP of claim 7 , wherein the plurality of event metadata values includes an accelerometer metadata set from a wearable smart device, with the accelerometer metadata set including at least one acceleration value associated with a timestamp.
13 . A computer system (CS) comprising:
a processor(s) set;
a machine readable storage device; and
computer code stored on the machine readable storage device, with the computer code including instructions for causing the processor(s) set to perform operations including the following:
receiving an insurance event data set, including a plurality of event metadata values;
parsing the event metadata values into a plurality of event data categories,
generate an initial network of correlations between at least some event metadata values within a shared event data category,
generate a secondary network of correlations between at least some event metadata values, where connections are made between event metadata values of different event data categories based, at least in part, on a nature of information corresponding to the event metadata values,
generating a personal risk score (PRS) for one or more involved parties corresponding to an insurance event based, at least in part, on inconsistencies between event metadata values within the initial and secondary networks,
automatically generating an insurance claim conclusion based on one or more PRS scores, and
responsive to automatically generating the insurance claim conclusion, outputting over a computer network to a computer device an electronic message that is modified based on the insurance claim conclusion.
14 . The CS of claim 13 , wherein the PRS scores are selected from the group consisting of: (i) low risk, (ii) medium risk, and (iii) high risk.
15 . The CS of claim 14 , wherein the automatically generated insurance claim conclusion is a claim denial based, at least in part, on a high risk PRS score.
16 . The CS of claim 13 , wherein the outputted electronic message further includes information indicative of how the PRS score was calculated that resulted in the automatically generated insurance claim conclusion.
17 . The CS of claim 13 , wherein the plurality of event metadata values includes a heartrate metadata set from a wearable smart device, with the heartrate metadata set including at least one heartrate value associated with a timestamp.
18 . The CS of claim 13 , wherein the plurality of event metadata values includes an accelerometer metadata set from a wearable smart device, with the accelerometer metadata set including at least one acceleration value associated with a timestamp.