PATENT CLAIM ANALYSIS

Application Number: 15952313
Application Type: Utility
Filing Date: 2018-04
Publication Date: 2018-10
Patent Classification: ["705", "004000"]

Abstract:
A method for identifying and managing the appropriate environmental insurance plan that is specifically customized for the HNW insured's. The method provides an accurate and customized approach for assessing the risk tolerance of the HNW insured's for their environmental exposure. The method involves determining the amount of environmental risk, in the form of environmental exposures and environmental liability, the HNW can fiscally tolerate for its resources. Specifically, this method involves providing the HNW with the information necessary to determine whether it makes fiscal sense to transfer its environmental liabilities to an environmental/pollution risk transfer model, as opposed to waiting until an environmental loss actually occurs.

Claim (Index 1):
A method of managing environmental insurance specifically for a High Net Worth Individual (HNWI) based on the HNWI's resources, the method comprising:\n determining a pollutant for each of the HNWI's resources in order to identify potential environmental risks associated with the HNWI's unique resources; analyzing collected data and information regarding the HNWI and the HNWI's resources to identify environmental issues impacting the HNWI and the HNWI's resources; calculating the amount of environmental risk the HNWI can fiscally tolerate for the HNWI's resources based on the HNWI's environmental exposures and associated environmental liability; identifying the HNWI's risk return goals and objectives to determine likelihood of HNWI self-insuring; capturing information about the HNWI and the HNWI's resources via an environmental insurance application; and determining the appropriate type of environmental insurance coverage specifically for the HNWI based on the environmental risks surrounding the HNWI's resources.

Metadata:
- Claim Count in Document: 11.0
- Percentile: 91.0
- Lexical Diversity: 1.71642
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['12589113', '11829668', '11769553', '09775278', '13731417']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.0842108292015666
- 35 USC 102 Novelty (BERT): 0.5012650363257152
- Combined Prediction Score: 0.1259162499139815
- Mean Citation Score: 150.592704
- Max Citation Score: 155.935
- Similarity Product: 90.03972687244415

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 0
- Claim Label 112: 0
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test