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DYNAMIC ADJUSTMENT OF INSURANCE PREMIUMS

  • US 20110004492A1
  • Filed: 05/28/2010
  • Published: 01/06/2011
  • Est. Priority Date: 05/29/2009
  • Status: Abandoned Application
First Claim
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1. A method comprising:

  • updating at least one of an entity input data and an environmental input data, the entity input data being an input data that is specific to an entity that is insured by an insurance policy and the environmental input data being additional input data that is not specific to the entity;

    determining, using a processor, whether a risk associated with providing the insurance policy has changed based on the updating of the at least one of the entity input data and the environmental input data; and

    responsive to the determining, recalculating a premium of the insurance policy.

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  • 3 Assignments
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