Patent ID: 11922508
Assignee: UNITED SERVICES AUTOMOBILE ASSOCIATION (USAA)
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A system, comprising:
a plurality of sensors configured to be located at a plurality of properties; and
a processor operatively coupled to a memory storing instructions configured to cause the processor to:
receive a plurality of sourcing designations for a plurality of property and casualty insurance claims for the plurality of properties, wherein at least some of the plurality of sourcing designations are provided by the plurality of sensors located at the plurality of properties; and
in response to receipt of the plurality of sourcing designations:
filter the plurality of sourcing designations to assemble a plurality of like-kind sourcing designations from the plurality of sourcing designations;
determine a first risk level, a first cost, or both for a first supplier to address the plurality of like-kind sourcing designations;
determine a second risk level, a second cost, or both for a second supplier to address the plurality of like-kind sourcing designations;
select the first supplier to address the plurality of like-kind sourcing designations based on a comparison of the first risk level to the second risk level, the first cost to the second cost, or both; and
generate a contract indicating at least one of the plurality of property and casualty insurance claims for use with the first supplier to address the plurality of like-kind sourcing designations.