US 2006/0136274 A1Published application

System, method, and apparatus for providing a single-entry and multiple company interface (SEMCI) for insurance applications and underwriting and management thereof

OwnerLyle Olivier, Al Eskanazy +4inventors

InventorsLyle Olivier, Al Eskanazy, Denise Careri, Frank Intoci, Robert Goldfarb, David Perish

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Abstract

A system, method, and apparatus provides a real-time single-entry, multiple company interface (SEMCI) that allows users to complete applications via in an automated and efficient manner. data is collected in standard forms and stored in a database managed by a Managing General Agency (MGA). Underwriting personnel at the MGA can also enter client data on behalf of a User or unregistered Broker in a variety of scenarios. The Underwriter processes the application by performing real-time rating, binding, and policy issuance functions. Documents are communicated automatically using built-in communications functions. Automated system generated notes, non-automated user generated notes, and tracking and information control panels are provided. Automated reassignment of pending matters is enabled. Automated Endorsement, Renewal Application and Cancellation Request management systems exist. Online enrollment and re-authentication systems provide access to the data entry forms and document repository to retrieve and manage client information.

Claims6

Dependent claims

A system for providing a real-time single-entry, multiple company interface (SEMCI) allowing users to complete applications for insurance as managed by a Managing General Agency (MGA), the system configured to:

provide an automated user registration and authentication process supplying a unique-user identification and validation system to a user;
said automated user registration process includes an automated unique-user tracking apparatus and means for enabling said unique-user tracking apparatus to link said user to each action of said user for an improved system management;
said automated user registration process including means for linking a broker company to said unique-user identification prior to an authentication of said user as a broker;
provide an automated user application creation and submission process for supplying insurance submission data and for creating and submitting an insurance endorsement request application to an underwriter for review;
provide a means for automating a submission management process for analyzing and underwriting an insurance endorsement request application submitted to an underwriter for review;
said means for automating a submission management process further including means for conducting a rating of said insurance endorsement request;
said means for conducting a rating including means for conducting one of an automated and a manual rating of said insurance endorsement request;
and
provide a means for automatically enabling said underwriter to transmit said insurance endorsement request to said broker following a rating result and an endorsement of said insurance request.

6 more elements

Dependencies are inferred from the claim text.