US Patent Issued to Ford Global Technologies on July 28 for "Automatic generation of optimized aggregation metrics for usage based insurance" (Michigan, Minnesota Inventors)

ALEXANDRIA, Va., July 28 -- United States Patent no. 12,694,456, issued on July 28, was assigned to Ford Global Technologies LLC (Dearborn, Mich.).

"Automatic generation of optimized aggregation metrics for usage based insurance" was invented by David Michael Herman (West Bloomfield, Mich.) and Anuj Pal (Minneapolis).

According to the abstract* released by the U.S. Patent & Trademark Office: "Automatic generation of optimized aggregation metrics for usage-based insurance (UBI) includes performing a high-dimensional Bayesian optimization on a data archive, the data archive including a plurality of signals from vehicles and corresponding UBI effects, wherein the high-dimensional Bayesian optimization includes performing testing on weighted ...