State Farm Mutual Automobile Insurance had 83 patents in digitalization during Q4 2023. State Farm Mutual Automobile Insurance Co has filed patents for various innovative technologies including an adaptive mapping computing device for generating optimized travel plans, a system for virtual collaboration within virtual environments, a system for guiding users after accidents and gathering relevant data for insurance claims, a method for displaying selling features of a dwelling on a mobile device, and a method for tracking health and usage of electric vehicle batteries using QR codes. 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 digitalization as a theme is 45% 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 provide an optimized travel plan. The device continuously updates the plan in real-time based on user location, real-time information, and fluctuating conditions, allowing for adaptive route pathing and transportation mode selection. The system also includes features such as displaying the optimized travel plan on a user interface, retrieving data from databases, incorporating real-time weather and traffic data, and generating task and risk models for enhanced route 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 follow the same principles as the device, focusing on generating route models, optimizing travel plans, updating plans in real-time, and providing user-friendly interfaces. Additional functionalities include displaying plans overlaid on maps, utilizing traffic and weather data for route generation, and creating task and risk models based on user input and historical data. Overall, the patent outlines a comprehensive system for efficient and adaptive route planning tailored to individual user needs and real-time conditions.
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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.
