Patent Document ID: 9697469
Application ID: 14458575
Patent Flag: 1

Claim One:
1. A computer implemented method for determining a likelihood of a certain financial, insurance or health outcome, the method comprising: receiving at one or more modeling servers, data from underwriting databases of one or more underwriting parties, the data including information from existing insurance policies; generating by the modeling servers, for each of the plurality of underwriting parties, at least one dataset and sub-datasets of the at least one dataset from the data, wherein generating at least one dataset and sub-datasets of the at least one dataset includes selecting sets of features using iterative feature addition or recursive feature elimination; training, via the one or more modeling servers, sets of models of a given learning technique for each of the sub-datasets; determining by the modeling servers, overall weighting of each model within the sets of models for each of the sub-datasets; and transmitting to a prediction server over a communication network, the sets of models, the overall weighting of each model and a number of examples provided from the data for each of the datasets, the prediction server configured to determine relative weights of each of the sets of models based on the number of examples, combine the sets of models into an ensemble model, receive new application data from underwriting servers, and predict at least one of outcome variables, an uncertainty factor for the outcome variables, and drivers of the outcome variables based on the new application data.