[[Client brief]]==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<br>* 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<br>* U.S. life insurance firms hold about $3.8 trillion in assets<br>* 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<br>* Homeowners insurance is about a $50 billion market<br>* 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 [[Project scopeImage:PUYear.png|thumb|center|600 px|Assignee wise IP activity]] ==<span style="color:#C41E3A">Like this report?</span>==<p align="center"> '''This is only a sample report with brief analysis''' <br>'''Dolcera can provide a comprehensive report customized to your needs'''</p>{|border="2" cellspacing="0" cellpadding="4" align="center" "|style="background:lightgrey" align = "center" colspan = "3"|'''[mailto:info@dolcera.com <span style="color:#0047AB">Buy the customized report from Dolcera</span>]''' |-| align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services Patent Analytics Services]|align = "center"| [http://www.dolcera.com/website_prod/services/business-research-services Market Research Services]|align = "center"| [http://www.dolcera.com/website_prod/tools/patent-dashboard Purchase Patent Dashboard]|-|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/patent-search/patent-landscapes Patent Landscape Services]|align = "center"| [http://www.dolcera.com/website_prod/research-processes Dolcera Processes]|align = "center"| [http://www.dolcera.com/website_prod/industries Industry Focus]|-|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/patent-search/patent-landscapes Patent Search Services]|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/alerts-and-updates Patent Alerting Services]|align = "center"| [http://www.dolcera.com/website_prod/tools Dolcera Tools]|-|}<br> ==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/website/assets/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/website/assets/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 <br>[[Media:Insurance_Analysis_-_95_Records.xls]] - Spreadsheet of 95/866 analyzed reocrds ==<span style="color:#C41E3A">Like this report?</span>==<p align="center"> '''This is only a sample report with brief analysis''' <br>'''Dolcera can provide a comprehensive report customized to your needs'''</p>{|border="2" cellspacing="0" cellpadding="4" align="center" "|style="background:lightgrey" align = "center" colspan = "3"|'''[mailto:info@dolcera.com <span style="color:#0047AB">Buy the customized report from Dolcera</span>]''' |-| align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services Patent Analytics Services]|align = "center"| [http://www.dolcera.com/website_prod/services/business-research-services Market Research Services]|align = "center"| [http://www.dolcera.com/website_prod/tools/patent-dashboard Purchase Patent Dashboard]|-|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/patent-search/patent-landscapes Patent Landscape Services]|align = "center"| [http://www.dolcera.com/website_prod/research-processes Dolcera Processes]|align = "center"| [http://www.dolcera.com/website_prod/industries Industry Focus]|-|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/patent-search/patent-landscapes Patent Search Services]|align = "center"| [http://www.dolcera.com/website_prod/services/ip-patent-analytics-services/alerts-and-updates Patent Alerting Services]|align = "center"| [http://www.dolcera.com/website_prod/tools Dolcera Tools]|-|}<br>==Contact Dolcera== {| style="border:1px solid #AAA; background:#E9E9E9" align="center"|-! style="background:lightgrey" | Samir Raiyani|-| '''Email''': [mailto:info@dolcera.com info@dolcera.com]|-| '''Phone''': +1-650-269-7952|}