38 results about "Risk sharing" patented technology

There is provided an automated, reactive flight delay risk-transfer system and method related to airspace risks for risk sharing of a variable number of risk-exposed units by pooling resources of the units and by providing a self-sufficient risk-transfer system based on the pooled resources by a resource-pooling system associated with the risk-transfer system, where an automated transfer of risk exposure associated with the units is provided by an automated flight delay insurance system including a capturing means to receive transmitted air data parameters of aircraft ground-based flight controllers. A trigger module dynamically triggers filtered flight time parameters via a data flow pathway of the controllers by means of a predefined time-delay threshold value, where in case of triggering of an excess of the value, operational parameters of the triggered flight including delay parameters and identification are captured and losses associated with the delay are covered by a parametric payment transfer.

Proposed are a parametric, event-driven critical illness insurance system based on a resource-pooling system (1) and method for risk sharing of critical illness risks associated with elderly persons by providing a dynamic self-sufficient risk protection for a variable number of risk exposure components (21, 22, 23) by means of the resource-pooling system (1). The resource-pooling system (1) comprises an assembly module (5) to process risk-related component data (211,221,231) and to provide the likelihood (212, 222, 232) of said risk exposure for one or a plurality of the pooled risk exposure components (21, 22, 23, . . . ) based on the risk-related component data (211, 221, 231). The risk exposure components (21,22,23) are connected to the resource-pooling system (1) for the pooling of their risks and resources, and wherein the resource-pooling system (1) comprises an multiple event-driven core-engine (3) with critical illness triggers (31, 32, 33) triggering in a patient dataflow pathway (213,223,233) to provide risk protection for a specific risk exposure component (21,22,23) for the occurrence of acute and / or chronic critical illnesses, as e.g. dementia and / or heart attack. The operation of the resource pooling system (1) is further supported by a parametric multi-trigger stage risk-cover.

Proposed are a parametric, event-driven critical illness insurance system based on a resource-pooling system (1) and method for risk sharing of critical illness risks of a variable number of risk exposure components (21, 22, 23) by providing a dynamic self-sufficient risk protection for the risk exposure components (21, 22, 23) by means of the resource-pooling system (1). The resource-pooling system (1) comprises an assembly module (5) to process risk-related component data (211,221,231) and to provide the likelihood (212, 222, 232) of said risk exposure for one or a plurality of the pooled risk exposure components (21, 22, 23, . . . ) based on the risk-related component data (211, 221, 231). The risk exposure components (21,22,23) are connected to the resource-pooling system (1) for the pooling of their risks and resources, and wherein the resource-pooling system (1) comprises an multiple event-driven core-engine (3) with critical illness triggers (31, 32, 33) triggering in a patient dataflow pathway (213,223,233) to provide risk protection for a specific risk exposure component (21,22,23). The operation of the resource pooling system (1) is further supported by a parametric risk-cover related to multiple occurrences of critical illness parameters 71,72,73 triggered in the related patient data flow pathway (213, 223, 233).