David M Noonan

US Patent:

8484113, Jul 9, 2013

Filed:

Jun 21, 2012

Appl. No.:

13/529866

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

Assignee:

Great Lakes Incubator, LLC - Beachwood OH

International Classification:

G06Q 40/00

US Classification:

705 35, 705 37

Abstract:

System(s) and method(s) to incentivize adoption of time-dependent customized insurance benefit(s) are provided. A provider of insurance benefit(s) incentivizes adoption of the insurance benefit(s) in exchange for knowledge of operation characteristics of an insured entity. Knowledge is cumulative and collected from the insured entity and environment in which the entity operates. Incentivation is accomplished at least in part through generation of incentive offer(s) based on available knowledge, which is associated with an operator of the insured entity rather than with the entity itself. The operator can regulate the scope of exchanged knowledge, and received incentive offer(s) and related content. Incentive offer(s) can be directed to provision of insurance benefit coverage that is adequate to current or nearly current operation condition(s); discounted real-time or nearly real-time insurance benefits; or subsidized service(s). Offered incentives can be afforded at least in part through monetization of available knowledge via commercialization thereof or targeted advertisement.

US Patent:

8620692, Dec 31, 2013

Filed:

Nov 5, 2009

Appl. No.:

12/612958

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

Assignee:

Great Lakes Incubator, LLC - Beachwood OH

International Classification:

G06Q 40/00

US Classification:

705 4, 705 35

Abstract:

Dynamic insurance rate adjustments are communicated to a vehicle operator in order to allow the vehicle operator to adjust various parameters before an actual change to an insurance rate is communicated to a service provider or trusted third party. The various parameters can be external parameters and/or internal parameters and further can include historical information, current information, and/or predicted information. Communicating the insurance rate adjustments provides for insurance visibility for both the operator and passengers of the vehicle. The insurance rate adjustment is communicated though a device located within a vehicle to enable perception by a vehicle occupant.

US Patent:

20100131300, May 27, 2010

Filed:

Feb 27, 2009

Appl. No.:

12/395342

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Patrica Sue Murphy - Brook Park OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 40/00
G06F 7/00
G06F 19/00

US Classification:

705 4, 701 36, 701 35

Abstract:

Real-time insurance rates can be generated and presented to a driver—as the rate changes, the change can be shown through an interface. Different factors can be evaluated and based upon a result of the evaluation, the rate can be determined. The determination can be performed locally at a vehicle as well as by an insurance company. A bidding process can be used where different insurance companies supply rates and a user or automated process selects the rate for use - the selected rate is conveyed upon the interface.

US Patent:

20100131301, May 27, 2010

Filed:

Jun 23, 2009

Appl. No.:

12/490033

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 40/00
G01C 21/20
G01C 21/34

US Classification:

705 4, 701201, 701211

Abstract:

Vertical insurance market specialization is provided where policies can be created based on granular information related to actual usage of an object. The information can be received in real time or near real time, and specific market definitions can be created based on the information. Insurance companies can bid on specific market definitions, and an owner of the object can select coverage. In cases of automobile insurance, route information or other sensed parameters (such as driving behavior) can be provided to define an insurance market for a specific driver. Allowing companies to bid on the specific instances allows for increased competition and lower cost than current blanket solutions.

US Patent:

20100131302, May 27, 2010

Filed:

Jul 7, 2009

Appl. No.:

12/498446

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 40/00
G06Q 50/00

US Classification:

705 4

Abstract:

Vertical insurance market specialization is provided where policies can be created based on granular information related to actual usage of an object. The information can be received in real time or near real time, and specific market definitions can be created based on the information. Insurance companies can bid on specific market definitions, and an owner of the object can select coverage. In cases of automobile insurance, route information or other sensed parameters (such as driving behavior) can be provided to define an insurance market for a specific driver. Allowing companies to bid on the specific instances allows for increased competition and lower cost than current blanket solutions.

US Patent:

20100131303, May 27, 2010

Filed:

Aug 6, 2009

Appl. No.:

12/536999

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 40/00
G06F 7/04
H04N 7/18
G06N 5/02

US Classification:

705 4, 340 582, 348148, 348E07085, 706 54

Abstract:

Systems and methods that customize insurance rates in real time to correspond to unique behavior/character traits of a user/driver. A rate adjustment component can interact with insurance companies that provide bids based on the contextual data—wherein, insurance costs can be dynamically adjusted, and the user/driver switched in real-time between such insurance companies (e.g., based on bids), to ensure obtaining optimum rates. A switching component can switch user/driver) to an insurance company that bids the best rate. Hence, during a trip the user/driver can actually be insured by various suppliers during different segments of such trip.

US Patent:

20100131304, May 27, 2010

Filed:

Aug 26, 2009

Appl. No.:

12/547800

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 40/00

US Classification:

705 4

Abstract:

An on-board monitoring system in conjunction with a mobile device can be employed to gather real-time information regarding how a vehicle is being operated by the owner of the mobile device. The mobile device has information stored thereon that allows the user to be identified by the on-board monitoring system. The real-time information is forwarded to a remote insurance provider system that, based upon the gathered real-time information, determines an insurance rate. The determined insurance rate can be transmitted to the owner allowing them to see how their driving style is affecting their insurance rate and can adjust their driving style accordingly.

US Patent:

20100131307, May 27, 2010

Filed:

Nov 23, 2009

Appl. No.:

12/624366

Inventors:

Fred Collopy - Cleveland Heights OH, US
Craig Allen Nard - Shaker Heights OH, US
Himanshu S. Amin - Solon OH, US
Gregory Turocy - Moreland Hills OH, US
Seyed Vahid Sharifi Takieh - Broadview Heights OH, US
Ronald Charles Krosky - Lakewood OH, US
David Noonan - Webster Groves MO, US
Gustavo Arnaldo Narvaez - Solon OH, US
Brian Asquith - Cleveland Heights OH, US

International Classification:

G06Q 50/00
G06Q 40/00
G06Q 30/00
G06Q 20/00
G06Q 10/00

US Classification:

705 4, 705 1425, 705 1462, 705 1469, 705 34

Abstract:

System(s) and methods(s) to monetize knowledge of operation characteristics of an insured entity are provided. A provider of insurance benefit(s) supplies knowledge of operation characteristics of an insured entity in exchange for a financial compensation. The knowledge is cumulative and collected from the insured entity and environment in which the entity operates. Financial compensation also can be received through commercialization of resources to expose an agent linked to the insured entity to advertisement in addition to delivery of the knowledge of operation characteristics of the insured entity. The provider of insurance benefit(s) can exploit the financial compensation to afford, at least in part, incentives directed to discounted insurance benefit(s) or subsidized service(s).