Interactive warranty product comparison system and method

A method for enabling interactive comparison of a plurality of extended warranty products of a plurality of providers, comprising the steps of:

• receiving extended warranty product information for at least two extended warranty products, said extended warranty product information including at least extended warranty product rate information for a plurality of products to be covered by the extended warranty products;
• storing said extended warranty product information for subsequent retrieval and use;
• receiving a request to compare the at least two extended warranty products;
• receiving test case product data relating to at least one product to be covered by an extended warranty product;
• receiving a selection of a first extended warranty product and a second extended warranty product from the at least two extended warranty products;
• retrieving from said received extended warranty product information associated with said first extended warranty product and said second extended warranty product, a first extended warranty product rate and a second extended warranty product rate for said at least one product to be covered by an extended warranty;
• and
• displaying said first extended warranty product rate and said second extended warranty product rate.

A system for enabling interactive comparison of a plurality of extended warranty products of a plurality of providers, comprising:

• means for receiving extended warranty product information for at least two extended warranty products, said extended warranty product information including at least extended warranty product rate information for a plurality of products to be covered by the extended warranty products;
• means for saving said extended warranty product information;
• means for receiving a request to compare the at least two extended warranty products;
• means for receiving test case product data relating to at least one product to be covered by an extended warranty product;
• means for receiving a selection of a first extended warranty product and a second extended warranty product from the at least two extended warranty products;
• means for retrieving from said received extended warranty product information associated with said first extended warranty product and said second extended warranty product, a first extended warranty product rate and a second extended warranty product rate for said at least one product to be covered by an extended warranty;
• and
• means for displaying said first extended warranty product rate and said second extended warranty product rate.

A computer readable medium including a software application for enabling interactive analysis of reinsurance business for extended warranty products, said, software application comprising:

• one or more instructions for receiving a selection of at least one warranty product;
• one or more instructions for receiving input assumption information;
• one or more instructions for receiving premium and vehicle mix information for each of the at least one warranty product;
• one or more instructions for receiving loss ratio information for each of the at least one warranty product;
• one or more instructions for generating reinsurance analysis information;
• and
• one or more instructions for displaying the reinsurance analysis information to a user.

A method for enabling interactive analysis of reinsurance business for extended warranty products, comprising the step of:

• receiving a selection of at least one warranty product;
• receiving input assumption information;
• receiving premium and vehicle mix information for each of the at least one warranty product;
• receiving loss ratio information for each of the at least one warranty product;
• generating reinsurance analysis information;
• and
• displaying the reinsurance analysis information to a user.

A system for enabling interactive analysis of reinsurance business for extended warranty products, comprising:

• means for receiving a selection of at least one warranty product;
• means for receiving input assumption information;
• means for receiving premium and vehicle mix information for each of the at least one warranty product;
• means for receiving loss ratio information for each of the at least one warranty product;
• means for generating reinsurance analysis information;
• and
• means for displaying the reinsurance analysis information to a user.