==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
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=IP Activity Over Years=Market data - Insurance sector==The total count here * Insurance and risk management is not equal to 1239an immense global industry. In America alone, 8 patents (priority date prior 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 1990) have already been dropped during 1st filtering only about $500 billion in 2002<br>process* 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
[[image:==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).jpeg|thumb|center|700 px|Out of which 792 patents filed in last 7 years* Trend indicates high IP Activity Over Years]]activity during 2002 followed by sudden fall during 2003, since then recovering gradually
'''Priority date[[Image:''' ''The initial date of filing of a patent application, normally in the applicant's domestic patent officePUYear. This date is used to help determine the novelty of an invention.''----=Assignees Involved – First cut=* png|thumb|center|600 px|Assignee names available for only 687 out of 1239 patents * 459 patents are having inventor name* In 93 patent records assignee name is not available * Dolcera will incorporate missing assignee names during the process wherever possible from known sourceswise IP activity]]
[[image:Assignees Involved – First cut.jpeg|thumb|center|700 px|Assignees Involved – First cut]]----=Other Assignees=* There are other insurance companies also involved apart from key players which will be indicated in final report* Technology companies apart from GE, IBM# Accenture# Nippon Electric# Ntt DoCoMo# Xerox Corp etc…..* Banks involved are# Bank Of America# Bank Of Montreal# Bank Of New York# Chase Manhattan Bank# First USA Bank# JP Morgan Chase Bank# UFJ Bank etc…….* Above and other Insurance, Banking and Technology assignees will be incorporated in final report----Assignee wise IP activity=Note=* # Graph depicts assignee and number of patents (1239) will be reduced after filtering off-target patents, so the numbers presented here will vary in final reportto their credit* Patents will be considered for analysis starting date from 1990* Report completion will take Assignees with less than 3-4 weeks----=Deliverable=patent record is depicted in [[TABLE]]* Content# MITSUI SUMITOMO INSURANCE leading in IP landscape # Competitor landscape# Market landscape# Technology landscape ## Various dimensions under which activity race with 60 patents have been filed ## Core insurance firms patents on their internal processes## Technology companies to its credit, followed by TOKIO MARINE & FIRE INSURANCE with 49 and AIOI INSURANCE with 23 patent records to their activity in Insurance domain# Geographic distribution # Other standard Dolcera indicators (Dash board, Mind maps etc..)* Report format# Power point# Wikicredit
[[Image:PAssignee1.png|thumb|center|700 px|Assignee wise IP activity]] '''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]] [[Image:PCountry.png|thumb|center|600 px|Assignee wise IP activity]] ==Distribution of patents -Based on insurance type==* 95 patents have been analyzed and categorized based on type of insurance* For definitions follow the [[link]]* Number in ( ) indicates # of patents * '''Trend -Top insurance filing sectors'''** Maximum number of patents file under life insurance category (39) followed by** Automobile insurance (26) and** Property insurance (7)[[Image:Insurance_Types_(95).jpeg|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 insurance information management system (23) followed by** Insurance payment process (21) and** Insurance selling system and various selling parameters (15) [[Image:Insurance_activity_- Background_95_(2).png|thumb|center|850 px|Distribution of patents - 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:Automobile.png|thumb|center|850 px|Automobile insurance - Assignee wise patent distribution]]