Surveillance and positioning system

Abstract

A position determining system includes a surveillance and monitoring special purpose computer, one or more sensors in electrical communication with the surveillance and monitoring special purpose computer, one or more surveillance cameras in electrical communication with the surveillance and monitoring special purpose computer, the surveillance and monitoring special purpose computer receiving from the one or more sensors positional data about an asset and assembling and forwarding instructions to the one or more surveillance cameras in electrical communication with the surveillance and monitoring special purpose computer, the instructions requesting specific surveillance to be undertaken by the one or more surveillance cameras; and a processor in electrical communication with the surveillance and monitoring special purpose computer that determines if additional data is required about the asset and when additional data is required, assembling and forwarding instructions regarding an action.

Description

CROSS-REFERENCE TO RELATED APPLICATIONS[0001]This application claims the benefit of U.S. Provisional Patent Application No. 61 / 602,893, entitled “SYSTEMS AND METHODS FOR COMPREHENSIVE INSURANCE LOSS MANAGEMENT AND LOSS MINIMIZATION,” filed on Feb. 24, 2012, the entire contents of which are incorporated herein by reference in its entirety for all purposes.FIELD OF THE INVENTION[0002]Aspects are directed toward a position determining system that includes a surveillance and monitoring special purpose computer; one or more sensors in electrical communication with the surveillance and monitoring special purpose computer; one or more surveillance cameras in electrical communication with the surveillance and monitoring special purpose computer, the surveillance and monitoring special purpose computer receiving from the one or more sensors positional data about an asset and assembling and forwarding instructions to the one or more surveillance cameras in electrical communication with the su...

AI Technical Summary

Benefits of technology

The present invention offers a transformation in insurance management that affects several aspects of the industry. It is estimated that 80% of insurance premiums are paid out for insured losses, resulting in significant economic impact. By implementing the invention, a one-percent improvement in efficiency can save money, and a 40-50% improvement can save even more. It also allows insurers to better negotiate with suppliers of goods and services, resulting in cheaper repairs. The software management system described in the patent text helps streamline the storage and management of insurance-related information, and it integrates with third-party suppliers and agencies. Overall, the invention results in more efficient and effective management of insurance policies.

Problems solved by technology

The management of events and actors involved in insurance loss are traditionally handled through disparate, inefficient client-burdened systems with misaligned interests.

Further, typical outcomes create dissatisfaction among the participants, in particular the insured policyholder, and routinely breed opportunities for insurance fraud.

There is also a lack of a comprehensive solution to address appropriate and commercially reasonable responses to peril between all stakeholders.

Tracy does not provide proactive or real-time management of insurance loss minimization.

Peak provides no comprehensive real-time solution for the management and minimization of insurance loss.

A common challenge with implementing CCM has been to apply it only within limited units or functional areas of a business (e.g. solely in marketing, distribution or claims) rather than comprehensively across all areas of an insurance business enterprise.

As such, resulting improvements have been limited.

Thus, the prior art does not provide a comprehensive management and minimization of insurance loss system in which insurance perils and insured assets are monitored, potential perils to insured assets are assessed, possible actions are determined, and selected actions are executed involving actors such as the policyholder, insurance agent, mitigation responder, and insurance appraiser.

The prior art does not align stakeholder interests, remove or reduce the role of the insured policyholder as the manager of the insurance loss process, and enable efficiencies that reduce costs and fraud.

Further, the prior art does not address damage mitigation during peril, and incident management after peril, to the policyholder and / or insured assets.

Other similar problems can be found not only in other insurance industry fields, e.g. health care, etc., but are also present in other industries, such as the construction industry.

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