State Farm Mutual Automobile Insurance had nine patents in regtech during Q2 2024. State Farm Mutual Automobile Insurance Co has filed patents for systems and methods to generate agile, personalized applications tailored to individual user preferences, a method to update software in vehicles based on software version data, and techniques using cognitive computing to improve targeted commercial communications based on user’s financial account and location. GlobalData’s report on State Farm Mutual Automobile Insurance gives a 360-degree view of the company including its patenting strategy. Buy the report here.
State Farm Mutual Automobile Insurance had no grants in regtech as a theme in Q2 2024.
Recent Patents
Application: Method and system for generating dynamic user experience applications (Patent ID: US20240195890A1)
The patent filed by State Farm Mutual Automobile Insurance Co. describes systems and methods for generating agile, personalized applications that can be quickly delivered and seamlessly integrated across an organization. These applications are designed to provide a dynamic user experience tailored to individual user preferences, allowing for rapid deployment and a satisfactory user experience. The process involves receiving a user objective, selecting a path with steps, generating a dynamic user experience application based on these steps, transmitting it to the user, and displaying it on a device.
The patent claims detail a computer-implemented method for identifying incomplete workflows, generating user interfaces for completing steps, transmitting applications to electronic devices, receiving user inputs, and dynamically adjusting the workflow based on these inputs. The system also involves determining sequences for executing steps, applying machine learning algorithms for decision-making, and considering user profiles and device characteristics for customization. The patent further covers the generation of user interfaces based on user roles, such as insurance agents or customers, and the ability to receive requests and match them with relevant workflows. Overall, the patent aims to streamline application development and user interaction through personalized, agile, and efficient processes.
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