Systems for Insuring Service Providers
First Claim
1. A method for providing insurance for tasks, comprising:
- identifying a task definition for a task to be performed for a customer, the task having task details associated therewith;
setting a task value for the task based on the task details, using a processor;
assigning a service provider to perform the task at the task value, using the processor;
determining whether the service provider has adequate insurance to cover one or more insurable risks associated with performance of the task; and
requesting a task insurance rider be applied to the task in the event the service provider does not have adequate insurance to cover the one or more insurable risks associated with performance of the task.
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Accused Products
Abstract
A method for providing insurance for tasks comprises identifying a task definition for a task to be performed for a customer. The task has task details associated therewith. A task value is set for the task based on the task details, using a processor. A service provider is assigned to perform the task at the task value, using the processor. A determination is made as to whether the service provider has adequate insurance to cover one or more insurable risks associated with performance of the task. A task insurance rider is requested to be applied to the task in the event the service provider does not have adequate insurance to cover the one or more insurable risks associated with performance of the task.
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Citations
29 Claims
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1. A method for providing insurance for tasks, comprising:
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identifying a task definition for a task to be performed for a customer, the task having task details associated therewith; setting a task value for the task based on the task details, using a processor; assigning a service provider to perform the task at the task value, using the processor; determining whether the service provider has adequate insurance to cover one or more insurable risks associated with performance of the task; and requesting a task insurance rider be applied to the task in the event the service provider does not have adequate insurance to cover the one or more insurable risks associated with performance of the task. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method for providing insurance for one or more tasks, comprising:
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accessing a task definition for a task having task details to be performed for a customer; verifying a task value set for the task based on the task details, using a processor; receiving information about a service provider selected to perform the task at the task value, using the processor; associating a task insurance rider with the task definition; and underwriting an insurance rider to cover the one or more insurable risks associated with performance of the task performed by the service provider. - View Dependent Claims (12, 13, 14, 15, 17, 18, 19, 22, 23)
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16. A method for insuring tasks, comprising:
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identifying a task definition for a task having task details to be performed for a customer by a service provider; setting a task price for the task based on the task details and statistical price data, using a processor; setting a credit value for the task based on a task valuation; determining whether the service provider has existing insurance to cover performance of the task; and providing a task insurance rider for the task at an insurance value based on the credit value of the task, in the case the service provider does not have adequate insurance to cover one or more insurable risks associated with performance of the task. - View Dependent Claims (20)
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21. A system for applying task insurance to tasks, comprising:
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a task definition module to identify a task definition for tasks having task details to be performed for a customer; a task price module to set a task price for the tasks based on the task details and statistical price data; an aggregation module to determine a number of tasks to be performed by service providers during a pre-defined time period; and a task insurance module to provide a task insurance rider for a number of tasks without adequate insurance to cover one or more insurable risks associated with performance of the task.
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24. A method of providing insurance for a service provider, comprising:
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identifying a plurality of tasks having task details for a plurality of customers and the plurality of tasks are associated with the service provider in a time period; determining a number of tasks that define a full-time equivalent task load in the time period; comparing the plurality of tasks associated with the service provider to the full- time equivalent task load to compute a load percentage; and providing insurance coverage based on the load percentage for the service provider. - View Dependent Claims (25, 26, 27, 28, 29)
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Specification