Assurant has been granted a patent for an apparatus that executes centralized data verification using supported data structures from third-party systems. The apparatus retrieves, converts, and stores verification data structures in a supported format, enhancing data verification processes. GlobalData’s report on Assurant 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 Assurant, Cloud computing disaster recovery was a key innovation area identified from patents. Assurant's grant share as of May 2024 was 76%. Grant share is based on the ratio of number of grants to total number of patents.
Centralized data verification system using supported data structures
A recently granted patent (Publication Number: US11985139B2) discloses an apparatus for centralized data verification using supported data structures associated with third-party systems. The apparatus, comprising processors and memory, retrieves supported data structures from a verification system repository, sends data structure inquiry requests to third-party resources, converts unsupported verification data structures into a supported format, and stores them in the repository. The apparatus can detect trigger events, identify data structure errors, generate error indicators, and provide multiple data structure inquiry requests to various third-party resources for verification.
Furthermore, the apparatus can append attention-required flags to supported data structures, generate electronic communications for display, compare verification data structures with supported data structures, and generate verified data structure indicators. It can also associate updated supported data structures with new identifiers, generate reports based on indexed data elements, and facilitate communication between different third-party systems. The patent also covers a method and a computer program product for executing centralized data verification, providing a comprehensive system for efficient and accurate data verification processes across multiple third-party systems.
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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.
