System and method using third-party data to provide risk relationship adjustment recommendation based on upcoming life event

A computerized method to provide a risk relationship life event analytical modeling platform via a back-end application computer server of an enterprise, comprising:

• determining, at a computer processor of the back-end application computer server, a selected potential risk relationship between the enterprise and an entity;
• retrieving, from a risk relationship data store, an electronic record associated with the selected potential risk relationship, including at least one third-party indication associated with an upcoming life event and a communication address, wherein the risk relationship data store contains electronic records that represent a plurality of potential risk relationships between the enterprise and a plurality of entities, each electronic record including an electronic record identifier, the at least one third-party indication associated with an upcoming life event, and a communication address;
• executing an analytical model based on the upcoming life event to generate a risk relationship adjustment recommendation for the selected potential risk relationship;
• determining an eligibility of the selected potential risk relationship to receive an additional communication about the risk relationship adjustment recommendation;
• when the selected risk relationship is not eligible to receive the additional communication, automatically transmitting standard information to the communication address while avoiding the transmission of the additional communication about the risk relationship adjustment recommendation thereby reducing electronic message traffic in a distributed communication network;
• and
• when the selected risk relationship is eligible to receive the additional communication, automatically transmitting the standard information along with the additional communication including information about the risk relationship adjustment recommendation to the communication address.

A non-tangible, computer-readable medium storing instructions, that, when executed by a processor, cause the processor to perform a method to provide a risk relationship life event analytical modeling platform via a back-end application computer server of an enterprise, the method comprising:

• determining, at a computer processor of the back-end application computer server, a selected potential risk relationship between the enterprise and an entity;
• retrieving, from a risk relationship data store, an electronic record associated with the selected potential risk relationship, including the at least one third-party indication associated with an upcoming life event and a communication address, wherein the risk relationship data store contains electronic records that represent a plurality of potential risk relationships between the enterprise and a plurality of entities, each electronic record including an electronic record identifier, at least one third-party indication associated with an upcoming life event, and a communication address;
• executing an analytical model based on the upcoming life event to generate a risk relationship adjustment recommendation for the selected potential risk relationship;
• determining an eligibility of the selected potential risk relationship to receive an additional communication about the risk relationship adjustment recommendation;
• when the selected risk relationship is not eligible to receive the additional communication, automatically transmitting standard information to the communication address while avoiding the transmission of the additional communication about the risk relationship adjustment recommendation thereby reducing electronic message traffic in a distributed communication network;
• and
• when the selected risk relationship is eligible to receive the additional communication, automatically transmitting the standard information along with the additional communication including information about the risk relationship adjustment recommendation to the communication address.