G - Physics – 06 – Q
Patent
G - Physics
06
Q
G06Q 40/08 (2012.01)
Patent
CA 2669892
A method and system for determining a rate of insurance for management liability coverage which determines a base premium, a limit/retention factor, shared limit credits, and other rating considerations. The limit/retention factor, shared limit credits, and rating considerations are applied to the base premium to ascertain a resultant premium. Another aspect of the disclosure provides a method for determining a shared limit credit when insured clients purchase multiple insurance coverages in a single policy or package of policies and subject to common limit of liability.
L'invention concerne un procédé et un système de détermination d'une tarification d'assurance pour la gestion de couverture de responsabilité qui détermine une prime de base, un facteur de limite/retenue, des crédits à limite partagée et d'autres considérations de tarification. Le facteur de limite/retenue, les crédits à limite partagée et les considérations de tarification sont appliqués à la prime de base pour établir une prime résultante. Un autre aspect de l'invention fournit un procédé de détermination d'un crédit à limite partagée lorsque des clients assurés achètent de multiples couvertures d'assurance en une seule police ou sous forme d'un ensemble de polices soumises à une limite commune de responsabilité.
Mangold James Kenneth
Prendergast James Keenan
American International Group Inc.
Ridout & Maybee Llp
LandOfFree
Method and system for determining rate of insurance does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Method and system for determining rate of insurance, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Method and system for determining rate of insurance will most certainly appreciate the feedback.
Profile ID: LFCA-PAI-O-1668580