Patent ID: 7836008

Claim:
A system for determining a level of risk posed by a nanomaterial to an entity, the system comprising: a memory; a computerized model stored on the memory; and a processor configured to: retrieve from memory data related to the nanomaterial, the retrieved data including data representative of physical and chemical characteristics of the nanomateriall; calculate, using the computerized model, a risk score that is indicative of the level of risk posed by the nanomaterial to the entity based on the retrieved data, wherein the risk score is calculated based at least in part on a quantitative representation of the risks posed by the nanomaterial based on the physical and chemical characteristics of the nanomaterial represented in the retrieved data; and output insurance risk mitigation data based at least in part on the calculated risk score, wherein the insurance risk mitigation data includes at least one recommendation for reducing the level of risk posed by the nanomaterial to the entity.