Establish Aviation Insurance Risk Standard via NASA IP Expansion
- Organization
- NASA Langley Research Center
- Sector
- Aviation insurance underwriters and reinsurance companies
- Location
- Global insurance markets
Source reference
Executive summary
Current state
NASA holds a patented machine learning system for aviation risk prediction using FAA SWIM data, validated by 37 aviation stakeholders reporting specific data integration pain points, creating multiple asymmetric opportunities between NASA's dormant technical asset and the aviation industry's operational struggles.
Market catalyst
NASA's ML patent provides technical foundation but lacks specific claims for insurance applications, while insurers desperately need better risk prediction tools but lack ML expertise and face regulatory constraints on methodology changes.
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