SYSTEM AND METHOD FOR ADMINISTERING INSURANCE DATA TO MITIGATE FUTURE RISKS

SYSTEM AND METHOD FOR ADMINISTERING INSURANCE DATA TO MITIGATE FUTURE RISKS

According to some embodiments, information about a first set of insurance based data may be received along with information about a second set of insurance based data. An objective parameter associated with at least one of the first set of insurance based data and the second set of insurance based d...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: COONROD LANE G, ADAMS ISAAC D, HUGHES KELSON P
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:According to some embodiments, information about a first set of insurance based data may be received along with information about a second set of insurance based data. An objective parameter associated with at least one of the first set of insurance based data and the second set of insurance based data may be determined. A value for an adjustable insurance policy parameter may be calculated such that it will modify the objective parameter, wherein the calculation is based at least in part on both: (i) the received information about the first set of insurance based data and (ii) the received information about the second set of insurance based data.