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SYSTEMS FOR DIGITAL MANAGEMENT OF UNDERWRITING INSURANCE CONTRACTS

  • US 20100004954A1
  • Filed: 07/03/2008
  • Published: 01/07/2010
  • Est. Priority Date: 07/03/2008
  • Status: Active Grant
First Claim
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1. A system for processing and managing insurance contracts, the system comprising:

  • a rules database comprising a plurality of business rules, each business rule specifying one or more conditions based upon one or more underwriting parameters;

    a user database comprising a plurality of user entries corresponding to a plurality of registered users; and

    a processor having access to the rules database and the user database, the processor configured to;

    provide to an interface operated by a registered user a form having a plurality of data fields generated based upon the underwriting parameters specified in at least a subset of the plurality of business rules;

    receive a plurality of inputted underwriting parameters corresponding to the data fields from the interface operated by the registered user;

    determine whether the inputted underwriting parameters satisfy the business rules; and

    if at least one of the inputted underwriting parameters does not satisfy the business rules, provide to the interface a status message indicating that at least one business rule is not satisfied.

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