Abstract: A method and apparatus for acquiring and parsing data into categories responsive to receipt of at least one prospectus of a variable or non-fixed annuity contract for storage in an annuity master database. Once annuity contract data is received in the annuity master database, the data is analyzed, and a recommended annuity contract value is forecast using one of trend-line projection and Monte Carlo simulation. A result is a filtering and listing of at least one recommended annuity or, further, a ranking of annuity contracts available from various carriers recommended for an annuity contract purchaser responsive to an annuity contract purchaser profile.
Type:
Application
Filed:
June 16, 2022
Publication date:
October 13, 2022
Applicant:
Tangram Solutions LLC
Inventors:
David S. Cunningham, Raja M. Iqbal, Chelan G. Jadhav, Milind M. Lele
Abstract: A method and apparatus for acquiring and parsing data into categories responsive to receipt of at least one prospectus of a variable or non-fixed annuity contract for storage in an annuity master database. Once annuity contract data is received in the annuity master database, the data is analyzed and a recommended annuity contract value is forecast using one of trend-line projection and Monte Carlo simulation. A result is a filtering and listing of at least one recommended annuity or, further, a ranking of annuity contracts available from various carriers recommended for an annuity contract purchaser responsive to an annuity contract purchaser profile.
Type:
Grant
Filed:
January 14, 2020
Date of Patent:
June 21, 2022
Assignee:
Tangram Solutions LLC
Inventors:
David S. Cunningham, Raja M. Iqbal, Chetan G. Jadhav, Milind M. Lele
Abstract: A method and apparatus for acquiring and parsing data into categories responsive to receipt of at least one prospectus of a variable or non-fixed annuity contract for storage in an annuity master database. Once annuity contract data is received in the annuity master database, the data is analyzed and a recommended annuity contract value is forecast using one of trend-line projection and Monte Carlo simulation. A result is a filtering and listing of at least one recommended annuity or, further, a ranking of annuity contracts available from various carriers recommended for an annuity contract purchaser responsive to an annuity contract purchaser profile.
Type:
Application
Filed:
January 14, 2020
Publication date:
August 20, 2020
Applicant:
Tangram Solutions LLC
Inventors:
David S. Cunningham, Raja M. Iqbal, Chetan G. Jadhav, Milind M. Lele