System and method for insurance product development

Details System and method for insurance product development System and method for insurance product development

G - Physics

06

Q

G06Q 40/08 (2012.01)

Patent

CA 2733858

Described are systems and methods for insurance product development. A method may include generating a product specification for an insurance product, compiling the product specification into a product model, inputting test data into the product model to generate output data, and comparing the output data to at least one predetermined benchmark. The product specification may include computer code.

Linvention concerne des systèmes et des procédés de développement de produits d'assurance. Un procédé peut consister à générer une spécification de produit pour un produit d'assurance, compiler la spécification de produit en un modèle de produit, entrer des données de test dans le modèle de produit pour générer des données de sortie, et comparer les données de sortie à au moins une référence prédéterminée. La spécification de produit peut comprendre un code d'ordinateur.

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