APPARATUS AND METHOD FOR SUPPLYING OPTIMIZED INSURANCE QUOTES
First Claim
1. A system for identifying insurance product offerings from different insurers to present to a user, the system comprising:
- a memory comprising instructions; and
a processor configured to;
receive, over a network, user information from a referring insurer for a user seeking an insurance product offering, the user associated with a customer value prediction indicative of the user'"'"'s likelihood to purchase an insurance product offering from the referring insurer;
when the customer value prediction is less than a threshold value, request a bid from at least two of a plurality of insurers for an opportunity to display an insurance product offering to the user;
receive the bid for at least one insurance product offering from each of the at least two of the plurality of insurers;
identify, based on the user information and from the bidding information, a qualifying bid for at least one insurance product offering from among the received bids for display in a prioritized insurance policy presentation on a website or in an application;
provide information indicative of the at least one insurance product offering associated with the qualifying bid for display in the prioritized insurance policy presentation on the website or in the application; and
provide information indicative of a user interaction with the prioritized insurance policy presentation on the website or in the application, to an insurer associated with the qualifying bid, wherein the user interaction comprises whether the user selected the at least one insurance product offering associated with the qualifying bid.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods for identifying insurance product offerings from different insurers to present to a user are provided. In one aspect, a method includes receiving user information for a user seeking an insurance product offering, and identifying, based on the user information, at least one insurance product offering from at least one of the plurality of insurers to provide for display in a prioritized insurance policy presentation. The method also includes providing the identification of the at least one insurance product offering from the at least one of the plurality of insurers for display in the prioritized insurance policy presentation. Systems and machine-readable media are also provided.
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Citations
29 Claims
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1. A system for identifying insurance product offerings from different insurers to present to a user, the system comprising:
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a memory comprising instructions; and a processor configured to; receive, over a network, user information from a referring insurer for a user seeking an insurance product offering, the user associated with a customer value prediction indicative of the user'"'"'s likelihood to purchase an insurance product offering from the referring insurer; when the customer value prediction is less than a threshold value, request a bid from at least two of a plurality of insurers for an opportunity to display an insurance product offering to the user; receive the bid for at least one insurance product offering from each of the at least two of the plurality of insurers; identify, based on the user information and from the bidding information, a qualifying bid for at least one insurance product offering from among the received bids for display in a prioritized insurance policy presentation on a website or in an application; provide information indicative of the at least one insurance product offering associated with the qualifying bid for display in the prioritized insurance policy presentation on the website or in the application; and provide information indicative of a user interaction with the prioritized insurance policy presentation on the website or in the application, to an insurer associated with the qualifying bid, wherein the user interaction comprises whether the user selected the at least one insurance product offering associated with the qualifying bid. - View Dependent Claims (2, 5, 6, 7, 8, 9, 10, 11, 12, 26, 27, 28)
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3-4. -4. (canceled)
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13. A method for identifying insurance product offerings from different insurers to present to a user, the method comprising:
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receiving, over a network, user information from a referring insurer for a user seeking an insurance product offering, the user associated with a customer value prediction indicative of the user'"'"'s likelihood to purchase an insurance product offering from the referring insurer; when the customer value prediction is less than a threshold value, requesting a bid from at least two of a plurality of insurers for an opportunity to display an insurance product offering to the user; receiving the bid for at least one insurance product offering from each of the at least two of the plurality of insurers; identifying, based on the user information, and from the bidding information, a qualifying bid for at least one insurance product offering from among the received bids for display in a prioritized insurance policy presentation on a website or in an application; and providing information indicative of the at least one insurance product offering associated with the qualifying bid for display in the prioritized insurance policy presentation on the website or in the application; and providing information indicative of a user interaction with the prioritized insurance policy presentation on a website or in the application, to an insurer associated with the qualifying bid, wherein the user interaction comprises whether the user selected the at least one insurance product offering associated with the qualifying bid. - View Dependent Claims (14, 17, 18, 19, 20, 21, 22, 23, 24)
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15-16. -16. (canceled)
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25. A machine-readable storage medium comprising machine-readable instructions for causing a processor to execute a method for identifying insurance product offerings from different insurers to present to a user, the method comprising:
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receiving, over a network, user information from a referring insurer for a user seeking an insurance product offering, the user associated with a customer value prediction indicative of the user'"'"'s likelihood to purchase an insurance product offering from the referring insurer; when the customer value prediction is less than a threshold value, requesting a bid from at least two of a plurality of insurers for an opportunity to display an insurance product offering to the user; receiving the bid for at least one insurance product offering from each of the at least two of the plurality of insurers; identifying, based on the user information, and from the bidding information, a qualifying bid for at least one insurance product offering from among the received bids for display in a prioritized insurance policy presentation on a website or in an application; providing information indicative of the at least one insurance product offering associated with the qualifying bid for display in the prioritized insurance policy presentation on the website or in the application; and providing information indicative of the user interaction with the prioritized insurance policy presentation on the website or in the application, to an insurer associated with the qualifying bid, wherein the user interaction comprises whether the user selected the at least one insurance product offering associated with the qualifying bid.
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29. A system for identifying insurance product offerings from different insurers to present to a user, the system comprising:
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(a) a computer memory comprising user information for a user seeking an insurance product offering, (i) wherein the user information is received from a referring insurer at a website or application, and (ii) wherein the user is associated with a customer value prediction indicative of the user'"'"'s likelihood to purchase an insurance product offering from the referring insurer, and (b) a marketplace server, which is coupled to the computer memory and comprises a processor configured to; (i) receive the user information; (ii) request a bid from at least two of a plurality of insurers for an opportunity to display an insurance product offering to the user when the customer value prediction is less than a threshold value; (iii) receive the bid for at least one insurance product offering from each of the at least two of the plurality of insurers; (iv) identify, based on the user information and from the bidding information, a qualifying bid for at least one insurance product offering from among the received bids for display in a prioritized insurance policy presentation on a website or in an application; (v) provide information indicative of the at least one insurance product offering associated with the qualifying bid for display in the prioritized insurance policy presentation on the website or in the application; and (vi) provide information indicative of the user interaction with the prioritized insurance policy presentation on the website or in the application, to the insurer associated with the qualifying bid, wherein the user interaction comprises whether the user selected the at least one insurance product offering associated with the qualifying bid.
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Specification