METHOD AND SYSTEM FOR FURNISHING AN ON-LINE QUOTE FOR AN INSURANCE PRODUCT

Patent №

US 8,340,983

Granted

2012-12-25

Filed 2009

Owner

TRAVELERS PROPERTY CASUALTY CORP.

+1 more

Lab

AI components

2

kr · planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

12368611

A method and system for furnishing an on-line quote for an insurance product, such as auto insurance, the user is allowed to enter basic user information on an on-line quote system application which calls a common data entry system to request credit information for the user. The common data entry system sends the requested credit information to the on-line quote system application, and the user is allowed to enter a selection of coverage. The user is then allowed to enter underwriting information on the on-line quote system application which calls a rating engine of the common data entry system to request rating information. The on-line quote system application displays a quote for the user based at least in part on the rating information, and the user is offered an option to talk to an agent. A fast-forward feature simplifies the entry of modifications for the user.

AI classification

Knowledge representation0.97
Planning0.72
Vision0.02
AI hardware0.00
Speech0.00
Evolutionary computation0.00
Natural language0.00
Machine learning0.00

Ownership

TRAVELERS PROPERTY CASUALTY CORP.

assignment · 224060124

THE TRAVELERS INDEMNITY COMPANY

assignment · 250570783

Assignors

GROVER, RUTH B., WHITE, DONALD, HIRNING, LINDA, NEELY, ERIC, WORONOWICZ, CHARLENE G.

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

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