Systems and methods for converting live weather data to weather index for offsetting weather risk
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jan 9, 2024
Grant Date -
Jun 22, 2023
app pub date -
Feb 22, 2023
filing date -
Feb 27, 2020
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
Systems and methods for converting live weather data to a weather index for offsetting weather risk. Weather data source systems generate one or more weather data streams that include weather forecast model and observations data. A data distribution system receives a weather index request, identifies at least one instrument and at least one location associated with the request. Weather risk indication data is extracted among the weather data streams associated with the identified location based on predefined parameters associated with the identified instrument. The extracted data is converted into a set of weather index values corresponding to the location, based on a predetermined algorithm associated with the identified instrument. A weather index presentation package is generated that includes the set of weather index values for distribution to at least one user device. The weather index presentation package being distributed is updated concurrent with changes to weather risk indication data.
First Claim
Other Claims data not available
Family
International Classification(s)
- 2023 Application Filing Year
- G06Q Class
- 14028 Applications Filed
- 3695 Patents Issued To-Date
- 26.35 % Issued To-Date
Cited Art Landscape
Patent Citation Ranking
- 0 Citation Count
- G06Q Class
- 0 % this patent is cited more than
- 1 Age
Maintenance Fees
| Fee | Large entity fee | small entity fee | micro entity fee | due date |
|---|---|---|---|---|
| 3.5 Year Payment | $1600.00 | $800.00 | $400.00 | Jul 9, 2027 |
| 7.5 Year Payment | $3600.00 | $1800.00 | $900.00 | Jul 9, 2031 |
| 11.5 Year Payment | $7400.00 | $3700.00 | $1850.00 | Jul 9, 2035 |
