US Patent Issued to Massachusetts Mutual Life Insurance on July 14 for "Systems and methods for risk factor predictive modeling" (Massachusetts Inventors)

ALEXANDRIA, Va., July 14 -- United States Patent no. 12,682,400, issued on July 14, was assigned to Massachusetts Mutual Life Insurance Co. (Springfield, Mass.).

"Systems and methods for risk factor predictive modeling" was invented by Martha Grace (Springfield, Mass.), Quentin Dupupet (Springfield, Mass.), Emma Livingston (Springfield, Mass.), Stacy Metzger (Springfield, Mass.) and Marc Maier (Springfield, Mass.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and method for Medical Claims Risk Score (MCRS) algorithmic underwriting includes a predictive machine learning model configured to generate underwriting decisions on electronic applications. MCRS underwriting applies word embedding modeling, s...