Method and computer system for generating historical claims loss data reports

• US 20020049618A1
• Filed: 07/31/2001
• Published: 04/25/2002
• Est. Priority Date: 08/01/2000
• Status: Abandoned Application

• Current Assignee: Lossruns Incorporated
• Original Assignee: Lossruns Incorporated
• Inventors: Thomason, Kelly Cole, McClure, Darin Scoville
• Application Number:
  US09/919,339
• Publication Number:
  US 20020049618A1
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

A method and computer system for generating historical claims loss data reports is disclosed. A method and computer system allows a user, via the Internet and facsimile authorization procedures, to obtain electronic historical claims loss data reports. A server Website, after obtaining the proper information from the user, queries insurance carriers databases, generates the reports, and distributes the reports. The reports are comprehensive; they provide summary reports which combine loss run data from a plurality of insurance carriers and they provide detail reports which disclose the details of each claim for each line of business..

Claims

1. A computer-implemented method for generating historical claim loss data reports that combine loss data from multiple insurance carriers over multiple years for insured parties comprising the steps of:

inputting information about the insured onto a server Website;

obtaining an authorization from the insured party;

querying loss data from at least two carrier databases;

storing the queried loss data in a standard formatted form;

generating a standardized report, wherein the report combines loss data from the at least two carrier databases; and

distributing the reports to the user.

2. The method according to claim 1, wherein the step of inputting the information about the insured comprises inputting the information about the insured through a user interface on the server Website.

3. The method according to claim 1, further comprising the step of implementing a security procedure that limits access to predetermined users.

4. The method according to claim 3, wherein the step of implementing a security procedure comprises the steps of:

receiving a Login Name from the user;

receiving a Password from the user; and

verifying that the received Login Name and Password have authorization to enter the secured area.

5. The method according to claim 1, wherein before the step of inputting information about the insured onto a server Website the user, through a user menu driven interface on the server Website, chooses a report request.

6. The method according to claim 1, further comprising the step of flagging an account as authorized on the server Website, wherein the account is flagged on the server Website after the step of obtaining an authorization from the insured party is completed.

7. The method according to claim 1, wherein the step of obtaining an authorization from the insured party comprises the steps of:

generating authorization letters on an application on the server Website;

printing authorization letters;

obtaining insured signatures on letters;

returning authorization letters via facsimile; and

storing authorization letters.

8. The method according to claim 7, wherein the step of printing the authorization letters comprises of the user printing authorization letters which have unique tracking numbers or bar codes.

9. The method according to claim 8, wherein the step of storing the authorization letters comprises of routing the authorization letters according to account to storage areas.

10. The method according to claim 9, wherein the step of storing the authorization letters further comprises the steps of:

interfacing the routing system and the server Website; and

flagging the account on the server Website when the routing system has received all of the authorization letters for that account..

11. The method according to claim 1, wherein the step of querying loss data from at least two carrier databases comprises the steps of:

triggering the query at pre-determined times; and

querying only for the loss runs of flagged accounts.

12. The method according to claim 11, wherein the step of querying loss data from at least two carrier databases further comprises determining the appropriate protocol according to which carrier database is queried.

13. The method according to claim 1, wherein the step of storing the queried loss data in a standard formatted form comprises the steps of:

selecting the appropriate mapping scheme according to the carrier queried;

mapping the data fields of the carrier loss run data fields to fields in a standard formatted record; and

adding addition fields to that standard formatted record;

.

14. The method according to claim 1, wherein the step of generating a standardized report comprises the steps of:

generating a detail report for each line of business; and

generating a summary report for each line of business, wherein the summary report combines at least two carriers within the same line of business.

15. The method according to claim 1, wherein the step of distributing the report to the user comprises the steps of:

inputting a notification list on the server Website;

emailing the parties on the notification list upon completion of the report; and

accessing reports via World Wide Web by members on the notification list.

16. The method according to claim 1, wherein the step of distributing the report to the user comprises the steps of:

inputting a notification list on the server Website;

emailing the parties on the notification list an URL address and a Password;

accessing that Internet address;

receiving that Password;

verifying that that Password is an authorized Password; and

viewing the reports;

18. The computer system according to claim 17, further comprising of means for the server Website to implement security procedures that limit access to predetermined users.

19. The computer system according to claim 17, further comprising of authorization letters containing unique tracking numbers or bar codes.

20. The computer system according to claim 17, further comprising of a routing system, wherein the routing system routes returned authorization letters according to their tracking number or bar code.

21. The computer system according to claim 20, further comprising of an interface between the server Website and the routing system, wherein the interface allows the server Website to determine whether all the authorization letters for an account have been returned and routed.

22. The computer system according to claim 17, further comprising of:

summary reports that combine the claim loss data from a plurality of carriers for each line of business; and

detailed reports that disclose each claim for each line of business.

17. A computer system for generating historical claim loss data reports that combines loss data from multiple insurance carriers over multiple years for insured parties comprising of:

a server Website;

means for obtaining authorization from the insured party, wherein the authorization comprises of at two insurance carriers;

means for the server Website to query at least two insurance carrier databases;

means for the server Website to store varying formats of insurance carrier loss runs from a plurality of insurance carriers in a standard format;

means for generating standardized reports of those loss runs;

means for distributing the standardized reports to the user.