System and method for electronically creating, filing and approving applications for insurance coverage
First Claim
1. A method for electronically processing an insurance application, the method comprising the steps of:
- receiving user input;
receiving risk data;
selecting a plurality of insurers;
generating an application for each selected insurer from the received risk data and the receive user input; and
sending the application to each selected insurer in digital form.
2 Assignments
0 Petitions
Accused Products
Abstract
A system for electronically creating, filing and approving applications for insurance coverage comprises an application processing system, a risk information system, at least one insurer system and a plurality of agent terminals coupled by a network such as the Internet. The application processing system advantageously presents a user interface via an agent terminal to allow a producer to input information. The application processing system creates a completed insurance application from the input information along with additional information gathered form the risk information system. The application processing system generates one or more applications and automatically submits them to respective insurer systems.
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Citations
20 Claims
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1. A method for electronically processing an insurance application, the method comprising the steps of:
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receiving user input;
receiving risk data;
selecting a plurality of insurers;
generating an application for each selected insurer from the received risk data and the receive user input; and
sending the application to each selected insurer in digital form. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A system for electronically processing an insurance application, the system comprising:
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a user interface module for receiving input data from a user;
a risk module for generating risk data, the risk module coupled to a risk information system; and
a form completion module coupled to receive data from the user interface module and the risk module, the form completion for generating a plurality of insurance applications from the input data and the risk data, the form completion module coupled to a network for transmission the plurality of insurance applications electronically. - View Dependent Claims (11, 12, 13, 14, 15)
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16. A system for electronically processing an insurance application, the system comprising:
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an application processing system coupled to a terminal for communication with a user, the application processing system for retrieving data, and generating a plurality of insurance applications; and
an insurer system for analyzing whether to provide insurance, the insurer system coupled to the application processing system, the insurer system adapted for electronic communication of insurance applications from the application processing system to the insurer system. - View Dependent Claims (17, 18, 19, 20)
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Specification