DolceraWiki - User contributions [en]

Insurance sector

2006-10-20T05:07:48Z

Mjabdul: /* Insurance type Vs assignee and their activities */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* MITSUI SUMITOMO INSURANCE leading in IP activity race with 60 patents to its credit, followed by TOKIO MARINE & FIRE INSURANCE with 49 and AIOI INSURANCE with 23 patent records to their credit

<gflash>800 600 http://www.dolcera.com/Insurance_Assigneewise_IPactivity.swf</gflash>

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* United States with 506 patent records is the most happening destination for insurance related IP activities followed by Japan (314) and Australia (9)
* [[Country code]]

<gflash>800 450 http://www.dolcera.com/Insurance_Countrywise_IPactivity.swf</gflash>

==Insurance type - Overall==
[[image:poverall.png|center|600 px|thumb|Types of insurance]]

==Distribution of assignees in the top ten domains==

[[Image:Domain-Assigneep.png|thumb|center|700 px|Distribution of assignees in the top ten domains]]

==Top five domains and the foreign filing trends==
[[image:Chart-Country-domain.png|center|600 px|thumb|Top five domains and the foreign filing trends]]

==Foreign filing trends of top players==
* The chart information is based on patent family members and not based on priority country filing
[[image:Country-Assigneep.png|center|600 px|thumb|Country-Assignee]]

==Trend in least and most crowded domains==
[[Image:domain-filingdatep.png|thumb|center|800 px|Trend in least and most crowded domains]]

==Distribution of analyzed patents - Based on insurance type==
* 95 patents out of 866 randomly picked for analysis and categorized based on type of insurance, number in () indicates # of patent records
* For definitions follow the [[link]]
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (25) and
** Property insurance (7)
[[Image:final95p.png|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on administrative services (24) followed by
** Sales force technology (32)

[[Image:IA95.jpeg|thumb|center|750 px|Distribution of patents - Categorization - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Insurance type Vs assignee and their activities==
'''Automobile insurance'''

[[Image:Automobile1.png|thumb|center|750 px|Automobile insurance - Assignee wise patent distribution]]

'''Life insurance'''

[[Image:Life_Insurance.png|thumb|center|750 px|Life insurance - Assignee wise patent distribution]]

'''Casualty + Health + Credit + Intellectual property and Financial loss insurance - Presented together'''

[[Image:Combined.png|thumb|center|750 px|Assignee wise patent distribution]]

===SWOT Analysis - Insurance sector===

[[Image:SWOT.jpg|thumb|center|750 px|SWOT analysis of insuance sector]]

----
[[Media:Insurance_Analysis.xls]] - Spreadsheet of 866 records 
[[Media:Insurance_Analysis_-_95_Records.xls]] - Spreadsheet of 95/866 analyzed reocrds

File:SWOT.jpg

2006-10-20T05:05:57Z

Mjabdul:

Insurance sector

2006-10-20T05:03:12Z

Mjabdul: /* Distribution of patents - Based on activity */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* MITSUI SUMITOMO INSURANCE leading in IP activity race with 60 patents to its credit, followed by TOKIO MARINE & FIRE INSURANCE with 49 and AIOI INSURANCE with 23 patent records to their credit

<gflash>800 600 http://www.dolcera.com/Insurance_Assigneewise_IPactivity.swf</gflash>

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* United States with 506 patent records is the most happening destination for insurance related IP activities followed by Japan (314) and Australia (9)
* [[Country code]]

<gflash>800 450 http://www.dolcera.com/Insurance_Countrywise_IPactivity.swf</gflash>

==Insurance type - Overall==
[[image:poverall.png|center|600 px|thumb|Types of insurance]]

==Distribution of assignees in the top ten domains==

[[Image:Domain-Assigneep.png|thumb|center|700 px|Distribution of assignees in the top ten domains]]

==Top five domains and the foreign filing trends==
[[image:Chart-Country-domain.png|center|600 px|thumb|Top five domains and the foreign filing trends]]

==Foreign filing trends of top players==
* The chart information is based on patent family members and not based on priority country filing
[[image:Country-Assigneep.png|center|600 px|thumb|Country-Assignee]]

==Trend in least and most crowded domains==
[[Image:domain-filingdatep.png|thumb|center|800 px|Trend in least and most crowded domains]]

==Distribution of analyzed patents - Based on insurance type==
* 95 patents out of 866 randomly picked for analysis and categorized based on type of insurance, number in () indicates # of patent records
* For definitions follow the [[link]]
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (25) and
** Property insurance (7)
[[Image:final95p.png|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on administrative services (24) followed by
** Sales force technology (32)

[[Image:IA95.jpeg|thumb|center|750 px|Distribution of patents - Categorization - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Insurance type Vs assignee and their activities==
'''Automobile insurance'''

[[Image:Automobile1.png|thumb|center|750 px|Automobile insurance - Assignee wise patent distribution]]

'''Life insurance'''

[[Image:Life_Insurance.png|thumb|center|750 px|Life insurance - Assignee wise patent distribution]]

'''Casualty + Health + Credit + Intellectual property and Financial loss insurance - Presented together'''

[[Image:Combined.png|thumb|center|750 px|Assignee wise patent distribution]]

----
[[Media:Insurance_Analysis.xls]] - Spreadsheet of 866 records 
[[Media:Insurance_Analysis_-_95_Records.xls]] - Spreadsheet of 95/866 analyzed reocrds

Insurance sector

Insurance sector

2006-10-11T05:33:43Z

Mjabdul: /* Insurance type Vs assignee and their activities */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* Assignees with less than 3 patent record is depicted in [[TABLE]]
* MITSUI SUMITOMO INSURANCE leading in IP activity race with 60 patents to its credit, followed by TOKIO MARINE & FIRE INSURANCE with 49 and AIOI INSURANCE with 23 patent records to their credit

[[Image:PAssignee1.png|thumb|center|700 px|Assignee wise IP activity]]

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* United States with 506 patent records is the most happening destination for insurance related IP activities followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

==Distribution of patents - Based on insurance type==
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in ( ) indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and
** Insurance selling system and various selling parameters (15)

[[Image:Activity95.png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Insurance type Vs assignee and their activities==
'''Automobile insurance'''

[[Image:Automobile1.png|thumb|center|850 px|Automobile insurance - Assignee wise patent distribution]]

File:Automobile1.png

2006-10-11T05:33:32Z

Mjabdul:

File:Activity95.png

2006-10-11T05:20:45Z

Mjabdul:

Insurance sector

2006-10-11T05:20:43Z

Mjabdul: /* Distribution of patents - Based on activity */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* Assignees with less than 3 patent record is depicted in [[TABLE]]
* MITSUI SUMITOMO INSURANCE leading in IP activity race with 60 patents to its credit, followed by TOKIO MARINE & FIRE INSURANCE with 49 and AIOI INSURANCE with 23 patent records to their credit

[[Image:PAssignee1.png|thumb|center|700 px|Assignee wise IP activity]]

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* United States with 506 patent records is the most happening destination for insurance related IP activities followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

==Distribution of patents - Based on insurance type==
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in ( ) indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and
** Insurance selling system and various selling parameters (15)

[[Image:Activity95.png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Insurance type Vs assignee and their activities==
'''Automobile insurance'''

[[Image:Automobile.png|thumb|center|850 px|Automobile insurance - Assignee wise patent distribution]]

Project scope

2006-10-10T11:16:45Z

Mjabdul: /* Assignee wise insurance type and their activities */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* Assignees with less than 3 patent record is depicted in [[table]]

[[Image:PAssignee1.png|thumb|center|700 px|Assignee wise IP activity]]

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* Maximum number of patent records filed in United States (506) followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

==Distribution of patents - Based on insurance type==
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in ( ) indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and on
** Insurance selling system and various selling parameters (15)

[[Image:Insurance_activity_-_95_(2).png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Insurance type Vs assignee and their activities==
'''Automobile insurance'''

[[Image:Automobile.png|thumb|center|850 px|Automobile insurance - Assignee wise patent distribution]]

Project scope

2006-10-10T11:15:19Z

Mjabdul: /* Overall Trend - Based on insurance sector and respective activities */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* Assignees with less than 3 patent record is depicted in [[table]]

[[Image:PAssignee1.png|thumb|center|700 px|Assignee wise IP activity]]

'''Note''': Below mentioned assignees patents added together and presented as one in above graph
* SUMITOMO LIFE INSURANCE and MITSUI SUMITOMO INSURANCE is presented as MITSUI SUMITOMO INSURANCE
* GE MORTGAGE HOLDINGS and GE FINANCIAL ASSURANCE HOLDING is presented as GE FINANCIAL ASSURANCE HOLDING
* NICHIDO FIRE & MARINE INSURANCE , TOKIO MARINE AND FIRE INSURANCE , TOKIO MARINE & NICHIDO LIFE INSURANCE , TOKIO MARINE & NICHIDO FIRE INSURANCE and TOKIO MARINE & FIRE INSURANCE is presented as TOKIO MARINE & FIRE INSURANCE
* NIPPONKOA INSURANCE , NIPPON ELECTRIC and NIPPON LIFE INSURANCE is presented as NIPPON LIFE INSURANCE

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* Maximum number of patent records filed in United States (506) followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

==Distribution of patents - Based on insurance type==
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in ( ) indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and on
** Insurance selling system and various selling parameters (15)

[[Image:Insurance_activity_-_95_(2).png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

==Assignee wise insurance type and their activities==

[[Image:Automobile.png|thumb|center|850 px|Automobile insurance - Assignee wise patent distribution]]

File:Automobile.png

2006-10-10T11:13:16Z

Mjabdul:

Project scope

2006-10-10T09:41:11Z

Mjabdul: /* Overall Trend - Based on insurance sector and respective activities */

Project scope

2006-10-10T09:39:12Z

Mjabdul: /* Distribution of patents - Based on activity */

==Rationale==
* Financial markets are a part of the changing business paradigms, across the globe - G. N. Bajpai
* Today, globalization of competencies, thinking and perspectives has been the part of Strategic Action Plan of all the major players in the financial markets, globally - G. N. Bajpai
* "The focus over the last year has been around proving the value of IT as a key contributor to business success," - David Holtzman
* Real-time documents provide faster time to market with a personal touch - Penn National Insurance

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

==Market data - Insurance sector==
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

==Year wise IP activity==
* Graph depicts IP activity based on publication year
* 866 patents filed in a span of 16 years (1991 - 15th Sept, 2006). Out of which 792 patents filed in last 7 years
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

==Assignee wise IP activity==
* Graph depicts assignee and number of patents to their credit
* Assignees with less than 3 patent record is depicted in [[table]]

[[Image:Assigneep.png|thumb|center|700 px|Assignee wise IP activity]]

==Country wise IP activity==
* Graph indicates IP activity based on priority country
* Maximum number of patent records filed in United States (506) followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

==Distribution of patents - Based on insurance type==
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in () indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

==Distribution of patents - Based on activity==
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and on
** Insurance selling system and various selling parameters (15)

[[Image:Insurance_activity_-_95_(2).png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

==Overall Trend - Based on insurance sector and respective activities==
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''General Insurance'''
* Capability modeling – Computerized, customized and flexible insurance accepting, declining and design system
* Contract management –
** Converting current insurance contract to newly launch insurance terms
** System for decreasing insurance – Computer program calculates point based on the transaction data
** Reducing insurance policy issuing time by automating assessment processing - Application contents are automatically assessed after checking predefined conditions on applicant terminal
* Real-time insurance coverage verification system
* Online policy and insurance portfolio analysis for greater value and low risk – Analyzing data of present and proposed insurance policies and provides user comparative output for different policies
* Automated insurance processing – processes (mainly verifies) current status of insurance policies
* Risk assessment system – evaluates history of natural/man made disasters in a particular geographical area and sets insurance premium
* Insurance selling system – online auction for life settlement and vertical transactions
* Straight through processing – Insurance policy issuance and management system

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition

2006-10-10T06:43:08Z

Mjabdul: /* Other Assignees */

==Search Strategy==
'''Search date:''' 14 Sept, 2006

'''Database''': Micropatent (PatSearch Fulltext)

'''Search Strings, Hits & Scope:'''

* '''Search I'''
** Query: (Life) AND (Insurance OR Reinsurance OR Polic* OR Annuit*) - 532 hits
** Search scope – Title, Abstract & Claims, Date - 2000 till date
** Databases: US, EP, WO, JP, DE, GB and FR (common for all)
* '''Search II'''
** Query: (computer) and (Insurance OR Reinsurance) and (Polic* OR Annuit*) – 511 hits
** Search scope – Title, Abstract & Claims, Date 1991 till date
* '''Search III'''
** Query: (Insurance OR Reinsurance OR polic* or Annuit*) limited by assignee (Insurance OR Bank) – 345 hits
** Search scope – Title, Abstract & Claims, Date – 1991 till date – 345 hits
* Total # of records - Search I + Search II + Search III = 1239 (excluding duplicates and family members but includes off-target)

'''Note:''' ''All search hits exclude family members and duplicate patent records''
----

=Note=
* # of patents (1239) will be reduced after filtering off-target patents, so the numbers presented here will vary in final report
* Patents will be considered for analysis starting date from 1990
* Report completion will take 3-4 weeks
----
=Deliverable=
* Content
# IP landscape
# Competitor landscape
# Market landscape
# Technology landscape
## Various dimensions under which patents have been filed
## Core insurance firms patents on their internal processes
## Technology companies and their activity in Insurance domain
# Geographic distribution
# Other standard Dolcera indicators (Dash board, Mind maps etc..)
* Report format
# Power point
# Wiki

----
=Insurance - Background=
* '''Definition of Insurance :'''
** Insurance is defined as the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a premium and duty of care.

=Market data - Insurance sector=
* Insurance and risk management is an immense global industry. In America alone, the insurance business employs about 2.5 million people 
* Life and health insurance in the United States will be about a $725 billion in gross revenues business in 2006, compared to only about $500 billion in 2002 
* U.S. life insurance firms hold about $3.8 trillion in assets 
* Personal lines comprise another vast sector of insurance. For example, private passenger automobile insurance will be about a $172 billion annual premium market in the U.S. for 2006 
* Homeowners insurance is about a $50 billion market 
* Property and Casualty insurance premiums will total about $450 billion in the U.S. for 2006

=Year wise IP activity=
* Graph depicts IP activity based on publication year
* Trend indicates high IP activity during 2002 followed by sudden fall during 2003, since then recovering gradually

[[Image:PUYear.png|thumb|center|600 px|Assignee wise IP activity]]

=Assignee wise IP activity=
* Graph depicts assignee and number of patents to their credit
* Assignees having single patent record depicted in [[table]]

[[Image:Assignee1.png|thumb|center|600 px|Assignee wise IP activity]]

=Country wise IP activity=
* Graph indicates IP activity based on priority country
* Maximum number of patent records filed in United States (506) followed by Japan (314) and Australia (9)
* [[Country code]]

[[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]]

=Distribution of patents - Based on insurance type=
* 95 patents have been analyzed and categorized based on type of insurance
* For definitions follow the [[link]]
* Number in () indicates # of patents
* '''Trend - Top insurance filing sectors'''
** Maximum number of patents file under life insurance category (39) followed by
** Automobile insurance (26) and
** Property insurance (7)
[[Image:Insurance_Types_(95).jpeg|thumb|center|600 px|Distribution of patents - Level-I Analysis]]

=Distribution of patents - Based on activity=
* Above 95 patents further analyzed for more granularity to project various patterns involved
* '''Trend based on various activities under insurance: '''
** Maximum patent filed on insurance information management system (23) followed by
** Insurance payment process (21) and on
** Insurance selling system and various selling parameters (15)

[[Image:Insurance_activity.png|thumb|center|850 px|Distribution of patents - Level-II Analysis]]

=Overall Trend - Based on insurance sector and respective activities=
'''Automobile Insurance'''
* Customize insurance policy and customized insurance premium for different cars and people
* Keeping uninsured from driving

'''Casualty insurance'''
* Automatic accident reporting system of an insured person

'''Health insurance'''
* Pharmacy benefits calculator – selects a cost effective insurance plan form the group of plans

'''General Insurance'''
* Capability modeling – Computerized, customized and flexible insurance accepting, declining and design system
* Contract management –
** Converting current insurance contract to newly launch insurance terms
** System for decreasing insurance – Computer program calculates point based on the transaction data
** Reducing insurance policy issuing time by automating assessment processing - Application contents are automatically assessed after checking predefined conditions on applicant terminal
* Real-time insurance coverage verification system
* Online policy and insurance portfolio analysis for greater value and low risk – Analyzing data of present and proposed insurance policies and provides user comparative output for different policies
* Automated insurance processing – processes (mainly verifies) current status of insurance policies
* Risk assessment system – evaluates history of natural/man made disasters in a particular geographical area and sets insurance premium
* Insurance selling system – online auction for life settlement and vertical transactions
* Straight through processing – Insurance policy issuance and management system

'''Life Insurance'''
* Annuity – Automated benefit scheme administration apparatus
* Package – Selling other services (funeral plan) along with life insurance
* Retirement – Computer based retirement planning and income arrangement system

'''Property insurance'''
* GPS Mobile insurance system – Monitoring current location and condition