Insurance transaction system and method

A computer-implemented system for calculating periods of insurance coverage, comprising:

• at least one database stored in a computer accessible memory device including information about a particular property or interest;
• at least one computer in communication with said at least one database, said at least one computer utilizing data from said database to generate, risk profiles over time, relative to insuring the particular property or interest;
• said at least one computer being configured to analyze the risk profiles created to determine, for a policy term of a first duration, one or more coverage periods in which insurance coverage is provided by a first insurer on the particular property or interest, the total duration of the one or more coverage periods being less than the first duration;
• said at least one computer being configured to output through one or more of a printer, display, processor interface, memory and switching device at least one of the computer determined one or more coverage periods;
• the at least one computer configured to at least once improve the determination by a processor of the one or more coverage periods applying data and information relating to the particular property or interest over time through one or more of levels and orders of scripts executed by a processor to produce distributed insurance policies;
• wherein the particular property or interest includes an interest relating to one or more of:
• domains, urls and virtual properties;
• and,
• the system self improves and constructs its own databases.

A non-transitory computer-readable medium with instructions stored thereon, that when executed by a processor, perform the steps of:

• providing access to at least one database stored in a computer accessible memory device including information about a particular property or interest of a plurality of properties or interests in a group that shares a common characteristic;
• utilizing information in the at least one database to create, with a computer, risk profiles over time, relative to insuring the particular property or interest;
• analyzing the risk profiles to output at least one risk coverage through one or more of a printer, display, processor interface, memory and switching device for the particular property or interest distributed by a processor between two or more insurers based on the risk profile determined with regard to the common characteristic;
• the computer configured to at least once improve the determination by a processor of the distribution between the two or more insurers applying data and information relating to the particular property or interest through one or more of levels and orders of scripts executed by a processor to produce distributed insurance policies;
• wherein the particular property or interest includes an interest relating to one or more of:
• domains, urls and virtual properties;
• and,
• the system self improves and constructs its own databases.