METHOD FOR ISSUING INSURANCE UNDERWRITING INSTRUMENTS

Patent №

US 7,430,516

Granted

2008-09-30

Filed 2000

Owner

HARTFORD FIRE INSURANCE COMPANY, THE

Lab

AI components

2

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09738023

A method for issuing an insurance underwriting instrument using at least one computing processor. The method includes identifying data stored in a plurality of memory locations and being indicative of a select one of a plurality of customers; receiving data indicative of an insurance instrument to be associated with the select customer; and automatically calculating at least one rate associated with the insurance instrument using the data indicative of the customer and data indicative of the insurance instrument. At least one of a plurality of forms for the insurance instrument is selected using the data indicative of the insurance instrument. And, the at least one form is automatically rendered using the at least one rate, the data indicative of the customer, and data indicative of the insurance instrument. The calculating and rendering are performed using the at least one computing processor.

Knowledge representationPlanningG06Q 40/02G06Q 40/00G06Q 40/04G06Q 40/06G06Q 40/08

AI classification

Knowledge representation0.99
Planning0.90
Evolutionary computation0.05
Natural language0.03
Vision0.01
Speech0.00
Machine learning0.00
AI hardware0.00

Ownership

HARTFORD FIRE INSURANCE COMPANY, THE

assignment · 120800301

Assignors

BLAIR, BRYAN, MORELEWICZ, JIM

On an employer assignment, the assignors are typically the inventors.

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