System and method for utilizing interrelated computerized predictive models
AssigneeHartford Fire Insurance Company
InventorsTimothy P. Kenefick, Eric Besman, Theresa C. Murphy
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AssigneeHartford Fire Insurance Company
InventorsTimothy P. Kenefick, Eric Besman, Theresa C. Murphy
Estimating the term…
The invention relates to a system for handling insurance requests, such as new coverage applications, renewal applications, and insurance quote requests. The system includes at least two computerized predictive models whose outputs each serve as inputs to the other. A business logic module is included in the system to process insurance requests with the predictive models to determine one or more sets of recommended policy parameters for the user and to output the determination to the user via a user interface. In various embodiments, the predictive models also output workflow components (such as underwriting workflow components) and price components (such as premium prices) corresponding to output suggested sets of coverage parameters.
A system for processing an insurance request comprising:
A method for processing an insurance request comprising:
A non-transitory computer readable medium storing computer executable instructions, which, when executed by a processor, cause the processor to carry out a method, the method comprising:
Dependencies are inferred from the claim text.