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Activity Based Costing Underwriting Tool

  • US 20080040168A1
  • Filed: 03/01/2004
  • Published: 02/14/2008
  • Est. Priority Date: 02/28/2003
  • Status: Active Grant
First Claim
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1. A method of evaluating underwriting activities of a company providing insurance coverage, said method comprising the steps of:

  • storing cost data related to employees performing said underwriting activities for said company;

    receiving ranking information from employees related to tasks associated with said underwriting activities;

    calculating the time spent on a task based upon said ranking information; and

    generating a report based upon said time.

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