| CPC G06Q 40/08 (2013.01) [G06F 16/951 (2019.01); G06N 5/045 (2013.01); G06N 5/046 (2013.01); G06N 20/00 (2019.01); G06Q 30/0202 (2013.01); G06Q 30/0611 (2013.01); G06N 3/006 (2013.01); G06N 3/02 (2013.01); G06N 7/01 (2023.01)] | 16 Claims |

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1. A computing system for automated insurance underwriting and claims processing employing an automated insurance administration platform, the computing system comprising:
one or more hardware processors configured for:
receiving a request for insurance coverage in the field of insurance, the request comprising an insured, an insured risk, an insured value, an asset to be insured, a location of the asset, a first before image of the asset in an undamaged condition, and an identification of a sensor that can connect to a network or a computer system where the information is being stored or transmitted or transferred at the location of the physical asset of a type associated with the insured risk;
creating a contract block of insurance underwriting information initially comprising:
the insured and the risk; and
programmatic operating instructions built in to the contract block configured to assess compliance of a contract term of the contract block with a law or regulation;
connecting to the sensor;
searching an underwriting database using the insurance underwriting information in the contract block and return a search result comprising underwriting data;
creating a directed graph from the search result and the status of the sensor, the directed graph comprising nodes representing discrete elements of the underwriting data and edges representing relationships among the nodes;
performing a graph analysis on the directed graph to determine a best fit among the nodes and edges;
selecting a plurality of contract terms for the risk from the underwriting data based on the best fit;
writing the plurality of contract terms into the contract block;
executing the programmatic operating instructions built in to the contract block to determine whether the plurality of contract terms comply with the law or regulation in the underwriting database;
wherein the plurality of contract terms are determined to comply with the law or regulation, returning the contract terms as an offer to underwrite the risk via the server; and
receiving an acceptance of the offer, confirm the insurance coverage by issuing an insurance policy number.
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