Liberty Mutual Holding. has been granted a patent for a home telematics device that identifies unique signatures of household appliances. This technology aids in creating electronic records for insurance claims, facilitates fraud detection, and utilizes analytics to predict device failures. GlobalData’s report on Liberty Mutual Holding gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on Liberty Mutual Holding, was a key innovation area identified from patents. Liberty Mutual Holding's grant share as of June 2024 was 97%. Grant share is based on the ratio of number of grants to total number of patents.
Home telematics for device signature identification and insurance claims
The patent US12002109B1 describes an innovative apparatus and method for generating device signatures from digital streams associated with various operating devices within a physical structure. The system utilizes one or more processors and memories to create operating feature vectors that represent the unique signatures of these devices. This process involves scanning digital streams, which may include transient voltage noise, continuous voltage noise, pressure waves, and acoustic responses, and forming digital samples through sliding sampling windows. The apparatus also retrieves stored feature vectors from an inventory of operating devices and prepares electronic insurance claims if any stored feature vectors are found to be absent from the generated operating feature vectors.
The claims further detail that the operating devices can encompass a wide range of appliances and systems, including HVAC systems, motors, light bulbs, and various electronic devices. The method emphasizes the importance of classifying each inventoried operating device and highlights the capability of generating digital samples by sampling analog signals. Additionally, the patent outlines the use of a non-transitory computer-readable storage medium that stores the necessary instructions for executing the described processes. This technology aims to enhance the efficiency of monitoring and managing operating devices, particularly in the context of insurance claims related to device performance and failures.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
