SYSTEM AND METHOD FOR MANAGEMENT OF INSURABLE ASSETS

• US 20140304009A1
• Filed: 04/04/2014
• Published: 10/09/2014
• Est. Priority Date: 04/04/2013
• Status: Abandoned Application

• Current Assignee: Contents Control Corporation
• Original Assignee: Contents Control Corporation
• Inventors: Saxon, Jack, Raleigh, Donald
• Application Number:
  US14/245,204
• Publication Number:
  US 20140304009A1
• Time in Patent Office: Days
• US Class Current: 705/4
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

Systems and methods for managing insurable assets in a multi-party process. An insurable asset management system includes a data store, in which one or more data structures are stored. Each data structure represents assets for a corresponding location and a corresponding client account. The system further includes hardware comprising a processor-based computing system and a set of instructions executable by the system hardware and stored in a non-transitory storage medium that facilitates access to the data structure for clients, delegatees, and insurers.

Claims

1. A system for managing one or more insurable assets in a multi-party process between a client, a delegatee, a valuator, and an insurer, wherein the one or more insurable assets are located at at least one client location, the system comprising:

system hardware comprising a processor-based computing system;

a data store comprising at least one data structure corresponding to data related to an asset and a client location; and

set of instructions executable by the system hardware and stored in a non-transitory storage medium that, when executed, cause the system hardware to implement;

a delegation module configured to track progress of valuating the one or more insurable assets according to a predefined workflow and to notify the client, the delegatee, the valuator, and the insurer when each respectively has access to the data store,

an access controller module configured to grant or deny access to the client, the delegatee, the valuator, and the insurer for the data store, according to the predefined workflow, and

a tracking module configured to record, to the data store, output from the delegation module, the client, the delegatee, the valuator, and the insurer.

2. The system of claim 1, further comprising at least one field device configured to facilitate collection of data representing a plurality of assets at a client location, wherein the set of instructions executable by system hardware and stored in the non-transitory storage medium further comprises a data input module configured to provide a communication channel between the data store and the at least one field device.

3. The system of claim 1, wherein the set of instructions executable by system hardware and stored in the non-transitory storage medium further comprises a user account manager module configured to maintain at least one user account for the client, user account for the delegatee, user account for the system, or user account for the insurer.

4. The system of claim 3, wherein user account for the system is selected from the group consisting of a super administrator, a help desk user, a controller, a dispatcher, a valuator, and a CFO.

5. The system of claim 3, wherein the user account for the client is selected from the group consisting of a client, a manager, and a CFO.

6. The system of claim 3, wherein the user account for the delegatee is selected from the group consisting of a licensee, a controller, a project manager, a field representative, and a CFO.

7. The system of claim 1, wherein the set of instructions executable by the system hardware and stored in non-transitory storage medium further comprises a delegatee account manager module configured to store status and configuration parameters for each delegate account and to enforce limitations on each delegatee account.

8. The system of claim 1, wherein the set of instructions executable by system hardware and stored in non-transitory storage medium further comprises a valuation module configured to provide an interface and valuation recordation tools to an independent valuator for valuating the one or more insurable assets.

9. The system of claim 1, wherein the access controller is configured to grant access to the data store for the delegatee and deny access to the data store for the client, valuator, and the insurer upon recognition by the delegation module of an authorization for the gathering of information for the one or more insurable assets.

10. The system of claim 1, wherein the access controller is configured to grant access to the data store for the valuator and deny access to the data store for the client, the delegatee, and the insurer upon recognition by the delegation module that information has been gathered about the one or more insurable assets.

11. The system of claim 1, wherein the access controller is configured to grant access to the data store for the insurer and deny access to the data store for the client, the delegatee, and the valuator upon recognition by the delegation module that the valuator has communicated an indication that the valuation job is complete.

12. A method for managing insurable assets of a client between a project manager, a field representative, and a valuator, the method being executable by a computer system that includes management server hardware and a data store, the method comprising:

initiating a valuation job by notifying the project manager of the valuation job;

receiving, by the computer system, and in response to the initiating, project manager input data related to the valuation job from the project manager, the project manager input data including identification of the field representative for the valuation job;

authorizing, by the computer system, and in response to the receiving, the field representative to gather data related to the valuation job and denying access to the data store for the valuation job to all other users other than the field representative;

receiving, by the computer system, and in response to the authorizing, asset data for the valuation job from the field representative and storing the asset data in the data store;

notifying, by the computer system, and in response to the receiving asset data, the project manager that the asset data has been recorded;

authorizing, by the computer system, and in response to the notifying the project manager, the project manager to read and edit the asset data and denying access to the data store for the valuation job to all other users other than the project manager;

notifying, by the computer system, and in response to the authorizing the project manager, the valuator that the valuation job is ready for valuation;

authorizing, by the computer system, and in response to the notifying the valuator, the valuator to read and edit the asset data and denying access to the data store for the valuation job to all other users other than the valuator;

receiving, by the computer system, and in response to the authorizing the valuator, valuation data for the asset data and storing the valuation data in the data store;

receiving, by the computer system, and in response to the receiving valuation data, an indication that the valuation job is complete from the valuator; and

denying, by the computer system, and in response to the receiving the indication, access to all users to the data store for the valuation job.

13. The method of claim 12, further comprising:

notifying, by the computer system, and in response to the denying, the client that the valuation job is complete; and

creating, by the computer system, and in response to the notifying the client, a system account for the client and granting read-only access to the client to the data store for the valuation job.

14. The method of claim 13, further comprising:

optionally granting read access, by the computer system, to an insurer for the data store for the valuation job; and

receiving, by the computer system, insurance-related data related to the valuation job from the insurer.

15. The method of claim 12, wherein a dispatcher is configured to notify the valuator that the valuation job is ready for valuation, wherein the dispatcher is granted read and edit access to the data store for the valuation job after receiving the indication that the valuation job is complete from the valuator.

16. The method of claim 12, further comprising authorizing, by the computer system, a plurality of field representatives to gather data related to the valuation job, wherein the method further comprises receiving, by the computer system, asset data for the valuation job from the plurality of field representatives.

17. The method of claim 12, further comprising:

receiving, by the computer system, reassignment data from the project manager after notifying the project manager that the asset data has been recorded; and

reauthorizing, by the computer system, and in response to the receiving reassignment data, the field representative to re-gather asset data based on the received reassignment data.

18. The method of claim 12, wherein authorizing the valuator to read and edit the asset data comprises granting, by the computer system, read access to non-valuation-specific fields and read and edit access to valuation-specific fields.

19. The method of claim 12, further comprising:

tracking, by the computer system, the duration of access and access transactions made by the valuator; and

evaluating, by the computer system, the valuator based at least on the tracked duration of access and access transactions made by the valuator.

20. The method of claim 12, wherein the project manager is notified of the valuation job by the computer system.

21. The method of claim 12, wherein the project manager is notified of the valuation job by a third party system.

22. A method for managing insurable assets of a client between a project manager, a field representative, and a valuator, the method being executable by a computer system that includes management server hardware and a data store, the method comprising:

means for initiating a valuation job by notifying the project manager of the valuation job;

means for receiving, in response to the initiating, project manager input data related to the valuation job from the project manager, the project manager input data including identification of the field representative for the valuation job;

means for authorizing, in response to the receiving, the field representative to gather data related to the valuation job and denying access to the data store for the valuation job to all other users other than the field representative;

means for receiving, in response to the authorizing, asset data for the valuation job from the field representative and storing the asset data in the data store;

means for notifying, in response to the receiving asset data, the project manager that the asset data has been recorded;

means for authorizing, in response to the notifying the project manager, the project manager to read and edit the asset data and denying access to the data store for the valuation job to all other users other than the project manager;

means for notifying, in response to the authorizing the project manager, the valuator that the valuation job is ready for valuation;

means for authorizing, in response to the notifying the valuator, the valuator to read and edit the asset data and denying access to the data store for the valuation job to all other users other than the valuator;

means for receiving, in response to the authorizing the valuator, valuation data for the asset data and storing the valuation data in the data store;

means for receiving, in response to the receiving valuation data, an indication that the valuation job is complete from the valuator; and

means for denying, in response to the receiving the indication, access to all users to the data store for the valuation job.