Systems and methods for purchasing insurance

• US 8,799,027 B2
• Filed: 02/02/2011
• Issued: 08/05/2014
• Est. Priority Date: 02/02/2011
• Status: Expired due to Fees

• Current Assignee: Oferta, Inc.
• Original Assignee: Oferta, Inc.
• Inventors: Reid, Jamie
• Primary Examiner(s): CAMPEN, KELLY SCAGGS
• Application Number:
  US13/019,957
• Publication Number:
  US 20120197667A1
• Time in Patent Office: 1,280 Days
• Field of Search: 705/4, 705/2, 705/30, 705/35, 235/487, 235/375
• US Class Current: 705/4
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

Systems and methods related to an online website wherein businesses seeking insurance can obtain quotations and be connected to a plurality of insurance providers are described herein. In some embodiments, the businesses are authenticated and verified by providing such details as, e.g., employer identification number (EIN) or tax identification number (TIN), and being registered with the system prior to requesting quotations. In some embodiments, the system has an online collaboration system where a business can ask or post questions and receive answers from insurance providers or agents who match their search criteria.

Claims

1. A system for matching a business to two or more insurance agents, the system comprising:

at least one hardware processor; and

at least one executable software module that, when executed by the at least one hardware processor,

receives registration requests from a plurality of insurance agents which are not insurance carriers,

for each of the plurality of insurance agents,

requests an agent license information,

receives an agent license information from the insurance agent,

validates the agent license information,

requests product information from the insurance agent, and

receives the product information;

receives a registration request from a business,

requests tax identification information from the business,

receives the tax identification information,

validates the tax identification information,

receives a product request from the business, the product request defining certain product information,

matches the business to a subset of two or more validated ones of the plurality of insurance agents based on the certain product information and the product information each insurance agent provided,

provides the product request to the subset of validated insurance agents, and

creates a plurality of private collaboration areas, wherein each of the plurality of private collaboration areas links the business with a single one of the subset of validated insurance agents and is configured to facilitate one or more exchanges of information between the business and the insurance agent.

2. The system of claim 1, wherein the at least one executable software module further:

receives one or more proposals from one or more of the subset of validated insurance agents; and

provides the one or more proposals to the business.

3. The system of claim 2, wherein the at least one executable software module further:

maintains status information with respect to the status of the product request and the one or more proposals; and

provides the status information to one or both of the business and the subset of validated insurance agents.

4. The system of claim 2, wherein the at least one executable software module further:

receives an acceptance of one of the one or more proposals from the business; and

notifies the insurance agent from which the accepted proposal was received that the accepted proposal was accepted.

5. The system of claim 1, wherein the at least one executable software module further requests agent name information in response to the registration request from each of the plurality of insurance agents.

6. The system of claim 1, wherein the at least one executable software module further, for each of the plurality of insurance agents:

requests agent contact information from the insurance agent;

receives the agent contact information from the insurance agent; and

verifies the agent contact information.

7. The system of claim 1, wherein the at least one executable software module further creates an agent account for each of the plurality of insurance agents with valid agent license information.

8. The system of claim 1, wherein the agent license information comprises a license number issued by a licensing authority or agency.

9. The system of claim 1, wherein the at least one executable software module further requests business name information in response to the registration request from the business.

10. The system of claim 1, wherein the at least one executable software module further:

requests business contact information in response to the registration request from the business; and

verifies the business contact information.

11. The system of claim 1, wherein the at least one executable software module further creates a business account for the business.

12. The system of claim 1, wherein the tax identification information comprises a federal tax identification number.

13. The system of claim 1, wherein the at least one executable software module further allows the business to collaborate in a public message board with a plurality of insurance agents in order to exchange information in relation to proposals.

14. The system of claim 13, wherein the at least one executable software module further receives one or more uploads of documents to the public message board.

15. A method for facilitating a purchase of insurance, the method comprising:

Receiving, by a computer, registration requests from a plurality of insurance agents which are not insurance carriers;

for each of the plurality of insurance agents,

requesting, by a computer, an agent license information,

receiving, by a computer, an agent license information from the insurance agent,

validating, by a computer, the agent license information,

requesting, by a computer, product information from the insurance agent, and

receiving, by a computer, the product information;

receiving, by a computer, a registration request from a business;

requesting, by a computer, tax identification information from the business;

receiving, by a computer, the tax identification information;

validating, by a computer, the tax identification information;

receiving, by a computer, a product request from the business, the product request defining certain product information;

matching, by a computer, the business to a subset of two or more validated ones of the plurality of insurance agents based on the certain product information and the product information each insurance agent provided;

providing, by a computer, the product request to the subset of validated insurance agents; and

,

creating, by a computer, a plurality of private collaboration areas, wherein each of the plurality of private collaboration areas links the business with a single one of the subset of validated insurance agents and is configured to facilitate one or more exchanges of information between the business and the insurance agent.

16. The method of claim 15, further comprising:

receiving, by a computer, one or more proposals from one or more of the subset of validated insurance agents; and

providing, by a computer, the one or more proposals to the business.

17. The method of claim 16, further comprising:

maintaining, by a computer, status information with respect to the status of the product request and the one or more proposals; and

providing, by a computer, the status information to one or both of the business and the subset of validated insurance agents.

18. The method of claim 16, further comprising:

receiving, by a computer, g an acceptance of one of the one or more proposals from the business; and

notifying, by a computer, the insurance agent from which the accepted proposal was received that the accepted proposal was accepted.

19. The method of claim 16, wherein matching the business to a subset of two or more validated ones of the plurality of insurance agents comprises:

determining, by a computer, a number of bidders allowed;

matching, by a computer, the business to a first subset of two or more validated ones of the plurality of insurance agents; and

,

if a number of the received one or more proposals is less than the number of bidders allowed, matching, by a computer, the business to one or more additional subsets of one or more validated ones of the plurality of agents until the number of received one or more proposals is equal to the number of bidders allowed.

20. The method of claim 19, wherein determining, by a computer, a number of bidders allowed comprises receiving the number of bidders allowed from the business.

21. The method of claim 15, further comprising requesting by a computer, agent name information in response to the registration request from each of the plurality of insurance agents.

22. The method of claim 15, further comprising, for each of the plurality of agents:

requesting, by a computer, agent contact information from the insurance agent;

receiving, by a computer, the agent contact information from the insurance agent; and

verifying, by a computer, the agent contact information.

23. The method of claim 15, further comprising creating, by a computer, an agent account for each of the plurality of insurance agents with valid agent license information.

24. The method of claim 15, wherein the agent license information comprises a license number issued by a licensing authority or agency.

25. The method of claim 15, further comprising requesting, by a computer, business name information in response to the registration request from the business.

26. The method of claim 15, further comprising:

requesting, by a computer, business contact information in response to the registration request from the business; and

verifying, by a computer, the business contact information.

27. The method of claim 15, further comprising creating, by a computer, a business account for the business.

28. The method of claim 15, wherein the tax identification information comprises a federal tax identification number.

29. The method of claim 15, further comprising allowing, by a computer, the business to collaborate in a public message board with a plurality of insurance agents in order to exchange information in relation to proposals.

30. The method of claim 29, further comprising receiving, by a computer, one or more uploads of documents to the public message board.