Abstract: A virtual insurance producer Web site is provided at which a prospective insurance customer may request a bindable premium quotation for an insurance policy. The prospective customer may be asked to provide information relating to the insurability of an individual to be insured by the insurance policy and information relating to the coverage to be provided by the insurance policy. The premium is displayed to the prospective customer as a bindable quotation that binds the insurance company providing the policy and that may be purchased on-line immediately. The prospective customer may purchase the insurance policy according to the provided bindable premium quotation through the virtual insurance producer Web site. If the prospective customer elects to purchase the policy, the virtual insurance producer Web site may re-intermediate an insurance agent into the sales process and transmit the insurance policy to the customer in electronic form.
Type:
Grant
Filed:
March 11, 2011
Date of Patent:
January 10, 2012
Assignee:
Safeco Corporation
Inventors:
Frank J. McConnell, William M. Tormey, Anne H. Randall, Dennis M. Ellermeier, Greg S. Johannesen, Jason J. Lewis, Edward V. Lenoir
Abstract: A virtual insurance producer Web site is provided at which a prospective insurance customer may request a bindable premium quotation for an insurance policy. The prospective customer may be asked to provide information relating to the insurability of an individual to be insured by the insurance policy and information relating to the coverage to be provided by the insurance policy. The premium is displayed to the prospective customer as a bindable quotation that binds the insurance company providing the policy and that may be purchased on-line immediately. The prospective customer may purchase the insurance policy according to the provided bindable premium quotation through the virtual insurance producer Web site. If the prospective customer elects to purchase the policy, the virtual insurance producer Web site may re-intermediate an insurance agent into the sales process and transmit the insurance policy to the customer in electronic form.
Type:
Application
Filed:
March 11, 2011
Publication date:
July 7, 2011
Applicant:
SAFECO CORPORATION
Inventors:
Frank J. McConnell, William M. Tormey, Anne H. Randall, Dennis M. Ellermeier, Greg S. Johannesen, Jason J. Lewis, Edward V. Lenoir
Abstract: A virtual insurance producer Web site is provided at which a prospective insurance customer may request a bindable premium quotation for an insurance policy. If the policy may be underwritten, the Web site calculates a premium for the insurance policy. The premium is displayed to the prospective customer as a bindable quotation that binds the insurance company providing the policy and that may be purchased on-line immediately. The prospective customer may purchase the insurance policy according to the provided bindable premium quotation through the virtual insurance producer Web site. If the prospective customer elects to purchase the policy, the virtual insurance producer Web site may re-intermediate an insurance agent into the sales process and transmit the insurance policy to the customer in electronic form.
Type:
Grant
Filed:
September 11, 2000
Date of Patent:
April 12, 2011
Assignee:
Safeco Corporation
Inventors:
Frank J. McConnell, William M. Tormey, Anne H. Randall, Dennis M. Ellermeier, Greg S. Johannesen, Jason J. Lewis, Edward V. Lenoir