State Farm Mutual Automobile Insurance had 59 patents in ecommerce during Q4 2023. State Farm Mutual Automobile Insurance Co filed patents related to adaptive mapping for optimal route planning, displaying selling features of a dwelling on a mobile device, tracking health and usage of electric vehicle batteries, training a machine learning model to exclude undesired factors, and transportation analytics for calculating insurance premiums based on telematics data. GlobalData’s report on State Farm Mutual Automobile Insurance gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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State Farm Mutual Automobile Insurance grant share with ecommerce as a theme is 42% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Systems and methods for adaptive route optimization for learned task planning (Patent ID: US20230419262A1)
The patent filed by State Farm Mutual Automobile Insurance Co. describes an adaptive mapping computing device that generates a route model based on user tasks, preferred transportation modes, and geographic data to determine an optimized travel plan. The device continuously updates the plan in real-time based on user location, real-time data, and conditions, providing adaptive route pathing and transportation mode selection. The device also includes features like displaying the optimized travel plan on a user interface, retrieving data from databases, incorporating real-time weather and traffic information, and generating task and risk models for enhanced planning.
The patent further details a computer-implemented method and a non-transitory computer-readable storage medium with executable instructions for the adaptive mapping computing device. These methods and mediums align with the device's functionalities, emphasizing the generation of route models, real-time updates, user interface display, data retrieval, and the incorporation of weather, traffic, task, and risk data for comprehensive travel planning. The patent highlights the device's ability to adapt to changing conditions, optimize routes and transportation modes, and provide users with up-to-date and personalized travel plans for improved efficiency and convenience.
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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.
