- Bloomington IL, US Jeff McCarty - Bloomington IL, US Craig Dean Isaacs - Bloomington IL, US Kelli Taylor - Bloomington IL, US Sara Frankowiak - Bloomington IL, US
International Classification:
G06Q 40/08 G06Q 10/10 G06Q 30/08
Abstract:
A computer-implemented method includes dividing consumers into multiple affinity groups based upon characteristics and preferences of the consumers, at least by analyzing the characteristics and/or preferences using a machine learning model. The method also includes auctioning an opportunity to provide insurance for one or more of the affinity groups, receiving one or more bids for purchase and/or offers of insurance for the one or more of the affinity groups, and accepting a winning bid. The method further includes causing individual insurance policies or a group insurance policy to be provide to or updated for consumers associated with a particular affinity group corresponding to the winning bid, thereby providing lower cost insurance and/or insurance that is more reflective of actual risk, or lack thereof, for the consumers associated with the particular affinity group
Craig Isaacs (1982-1988), Clarence Evans (1976-1980), Don Lee (1960-1964), Randip Rocky Nijjer (1992-1997), Carol Ann Yates Carol Ann Yates (1975-1977)