Transforming data for rendering an insurability decision

A non-transitory computer-readable medium storing computer-executable instructions that, when executed, transform disparate data for use in rendering a decision involving a potentially insurable applicant, said computer-readable medium comprising:

• data from a plurality of sources and in a plurality of formats;
• an Extract, Transform, Load (ETL) process for extracting the data and converting the data from the plurality of formats into one or more standard formats;
• a processing engine for inferentially processing the converted data to identify information relevant to the decision to be rendered, wherein the processing engine implements at least one of:
• ant colony optimization, a heuristic algorithm, network theory, predictive modeling, deterministic chaos, behavioral economics, fractal geometry, and cellular automata;
• a consolidation and presentation engine for generating presentable knowledge comprising the identified relevant information and presenting the knowledge to an underwriter for use in rendering the decision;
• an optimization feedback process for monitoring one or more actions on the presented knowledge by the underwriter and adjusting one or more of the ETL process, the processing engine, and the consolidation and presentation engine to present an optimized update of the presented knowledge to the underwriter as a function of the monitored actions.

A system comprising:

• a memory storing disparate data relating to rendering a decision involving a potentially insurable applicant, said data being stored in a plurality of formats;
• a computer executing a process for extracting at least a portion of the stored data and transforming the extracted data from the plurality of formats into a standardized format;
• wherein the memory further stores the transformed data in the standardized format;
• wherein the computer further executes a heuristic engine for analyzing the transformed data for relevancy to a decision to be rendered involving the potentially insurable applicant and assigning one or more relevancy factors to the analyzed data as a function of the decision to be rendered, said relevancy factors providing an improved user experience by enabling adjustment by the computer to presenting the transformed data to an underwriter as a function of the decision to be rendered;
• and
• a display displaying an output including the assigned relevancy factors to the underwriter for use in rendering the decision and further displaying, based on an adjustment by the computer, an updated output to the underwriter.