US 2014/0278582 A1Published application

Systems and methods for facilitating requests and quotations for insurance

AssigneeOferta, Inc.

InventorsMichael R. Shambach, Jamie Reid

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Abstract

Systems and methods for presenting multiple insurance quotations. In an embodiment, a request for insurance, comprising class code(s), is received from a business-user. The request for insurance is communicated to agent-users, and quotations are received from the agent-users. Each quotation comprises, for each class code, a rating basis and a net rate. A user interface for analyzing the quotations is provided to the business-user. Specifically, the user interface comprises information for the quotations in a grid comprising cells arranged in both a vertical and a horizontal direction, with each quotation represented in a first direction, and each class code represented in a second direction. For each quotation and for each class code, cell(s), corresponding to the quotation and the class code comprise the rating basis, net rate, and an insurance premium amount for the class code.

Claims20

Dependent claims

A system for presenting multiple insurance quotations for a request for insurance, the system comprising:

at least one hardware processor;
and
one or more software modules that, when executed by the at least one hardware processor,
receives a request for insurance from a business-user, the request for insurance comprising one or more class codes;
communicates the request for insurance to a plurality of agent-users;
receives a plurality of quotations for the request for insurance from the plurality of agent users, wherein each of the plurality of quotations comprise, for each of the one or more class codes, a rating basis and a net rate;
and
provides a user interface to the business-user, wherein the user interface comprises information for two or more of the plurality of quotations in a grid comprising cells arranged in both a vertical direction and a horizontal direction,
wherein each of the two or more quotations is represented in a first one of the vertical direction and the horizontal direction,
wherein each of the one or more class codes is represented in a second one of the vertical direction and the horizontal direction, and
wherein, for each of the two or more quotations, for each of the one or more class codes, one or more cells, corresponding to the quotation in the first direction and the class code in the second direction, comprise the rating basis, the net rate, and an insurance premium amount for the class code.

8 more elements

A non-transitory computer-readable medium having one or more sequences of instructions stored therein, wherein the one or more sequences of instructions, when executed by a processor, cause the processor to:

receive a request for insurance from a business-user, the request for insurance comprising one or more class codes;
communicate the request for insurance to a plurality of agent-users;
receive a plurality of quotations for the request for insurance from the plurality of agent users, wherein each of the plurality of quotations comprise, for each of the one or more class codes, a rating basis and a net rate;
and
provide a user interface to the business-user, wherein the user interface comprises information for two or more of the plurality of quotations in a grid comprising cells arranged in both a vertical direction and a horizontal direction,
wherein each of the two or more quotations is represented in a first one of the vertical direction and the horizontal direction,
wherein each of the one or more class codes is represented in a second one of the vertical direction and the horizontal direction, and
wherein, for each of the two or more quotations, for each of the one or more class codes, one or more cells, corresponding to the quotation in the first direction and the class code in the second direction, comprise the rating basis, the net rate, and an insurance premium amount for the class code.

5 more elements

A method for presenting multiple insurance quotations for a request for insurance, the method comprising using at least one hardware processor to:

receive a request for insurance from a business-user, the request for insurance comprising one or more class codes;
communicate the request for insurance to a plurality of agent-users;
receive a plurality of quotations for the request for insurance from the plurality of agent users, wherein each of the plurality of quotations comprise, for each of the one or more class codes, a rating basis and a net rate;
and
provide a user interface to the business-user, wherein the user interface comprises information for two or more of the plurality of quotations in a grid comprising cells arranged in both a vertical direction and a horizontal direction,
wherein each of the two or more quotations is represented in a first one of the vertical direction and the horizontal direction,
wherein each of the one or more class codes is represented in a second one of the vertical direction and the horizontal direction, and
wherein, for each of the two or more quotations, for each of the one or more class codes, one or more cells, corresponding to the quotation in the first direction and the class code in the second direction, comprise the rating basis, the net rate, and an insurance premium amount for the class code.

5 more elements

Dependencies are inferred from the claim text.