System and method for providing shipping insurance as a service
First Claim
Patent Images
1. A system, comprising:
- at least one processor;
an electronic marketplace platform interface, implemented by the at least one processor, configured to communicate with at least one electronic marketplace application;
a shipping insurance module, implemented by the at least one processor, configured to present a plurality of shipping insurance policies from a plurality of insurance providers to a seller of the corresponding electronic marketplace application, to receive a selection of one of the shipping insurance policies from the seller, to provide a shipping insurance policy selected and paid for by the seller of the corresponding electronic marketplace application, and to process a claim from the seller using information from the corresponding electronic marketplace application and the shipping insurance policy;
an insurance provider module, implemented by the at least one processor, configured to obtain the shipping insurance policy from an insurance provider among the plurality of insurance providers; and
a dynamic pricing module configured to receive a base shipping insurance rate for each insurance provider, to calculate a rate adjustment for the seller based on a tier profile of the seller, and to compute a shipping insurance policy rate for each shipping insurance policy using the basic shipping rate for each insurance provider modified with the rate adjustment for the seller.
1 Assignment
0 Petitions
Accused Products
Abstract
A shipping insurance service application has an electronic marketplace platform interface, a shipping insurance module, and an insurance provider module. The electronic marketplace platform interface communicates with at least one electronic marketplace application. The shipping insurance module provides a shipping insurance policy to a seller of the corresponding electronic marketplace application and processes a claim from the seller of the corresponding electronic marketplace application based on the shipping insurance policy. The carrier module obtains the shipping insurance policy from an insurance provider among a plurality of insurance providers.
57 Citations
21 Claims
-
1. A system, comprising:
-
at least one processor; an electronic marketplace platform interface, implemented by the at least one processor, configured to communicate with at least one electronic marketplace application; a shipping insurance module, implemented by the at least one processor, configured to present a plurality of shipping insurance policies from a plurality of insurance providers to a seller of the corresponding electronic marketplace application, to receive a selection of one of the shipping insurance policies from the seller, to provide a shipping insurance policy selected and paid for by the seller of the corresponding electronic marketplace application, and to process a claim from the seller using information from the corresponding electronic marketplace application and the shipping insurance policy; an insurance provider module, implemented by the at least one processor, configured to obtain the shipping insurance policy from an insurance provider among the plurality of insurance providers; and a dynamic pricing module configured to receive a base shipping insurance rate for each insurance provider, to calculate a rate adjustment for the seller based on a tier profile of the seller, and to compute a shipping insurance policy rate for each shipping insurance policy using the basic shipping rate for each insurance provider modified with the rate adjustment for the seller. - View Dependent Claims (2, 3, 4, 5, 6, 7)
-
-
8. A computer-implemented method comprising:
-
communicating with at least one electronic marketplace application; presenting a plurality of shipping insurance policies from a plurality of insurance providers to a seller of the corresponding electronic marketplace application; receiving a selection of one of the shipping insurance policies from the seller; providing a shipping insurance policy selected and paid for by the seller of the corresponding electronic marketplace application, and processing a claim from the seller using information from the corresponding electronic marketplace application and the shipping insurance policy; obtaining the shipping insurance policy from an insurance provider among the plurality of insurance providers; receiving a base shipping insurance rate for each insurance provider; calculating a rate adjustment for the seller based on a tier profile of the seller; and computing a shipping insurance policy rate for each shipping insurance policy using the basic shipping rate for each insurance provider modified with the rate adjustment for the seller. - View Dependent Claims (9, 10, 11, 12, 13, 14)
-
-
15. A non-transitory computer-readable storage medium storing a set of instructions that, when executed by a processor, cause the processor to perform operations, comprising:
-
communicating with at least one electronic marketplace application; presenting a plurality of shipping insurance policies from a plurality of insurance providers to a seller of the corresponding electronic marketplace application; receiving a selection of one of the shipping insurance policies from the seller; providing a shipping insurance policy selected and paid for by the seller of the corresponding electronic marketplace application, and processing a claim from the seller using information from the corresponding electronic marketplace application and the shipping insurance policy; obtaining the shipping insurance policy from an insurance provider among the plurality of insurance providers; receiving a base shipping insurance rate for each insurance provider; calculating a rate adjustment for the seller based on a tier profile of the seller; and computing a shipping insurance policy rate for each shipping insurance policy using the basic shipping rate for each insurance provider modified with the rate adjustment for the seller. - View Dependent Claims (16, 17, 18, 19, 20, 21)
-
Specification