Patents by Inventor Eric D. Besman

Eric D. Besman has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 10825099
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Grant
    Filed: August 20, 2018
    Date of Patent: November 3, 2020
    Assignee: Hartford Fire Insurance Company
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Publication number: 20180357726
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Application
    Filed: August 20, 2018
    Publication date: December 13, 2018
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Patent number: 10062121
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Grant
    Filed: October 6, 2017
    Date of Patent: August 28, 2018
    Assignee: HARTFORD FIRE INSURANCE COMPANY
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Publication number: 20180033088
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Application
    Filed: October 6, 2017
    Publication date: February 1, 2018
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Patent number: 9786012
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Grant
    Filed: December 16, 2014
    Date of Patent: October 10, 2017
    Assignee: HARTFORD FIRE INSURANCE COMPANY
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Publication number: 20160171619
    Abstract: Account information may be received in connection with a potential insurance policy. An account score matrix may be received for the potential insurance policy, including grade values comparing the account information to other insured parties, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in a risk database. A set of guide indication adjustments may then be received from an underwriter for the potential insurance policy. A premium indication model application may dynamically calculate, in substantially real time, an adjusted premium value for the potential insurance policy calibrated to the target return on equity based at least in part on associated guide indication adjustments, and an indication associated with the dynamically calculated adjusted premium value may be transmitted. The transmitted indication may be used, for example, to update a dashboard graphical user interface display.
    Type: Application
    Filed: December 16, 2014
    Publication date: June 16, 2016
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II
  • Publication number: 20160171618
    Abstract: According to some embodiments, account information may be received in connection with a potential insurance policy. A premium indication portal processor may receive, from a risk score model application, an account score matrix for the potential insurance policy, including grade values comparing the account information with other insured policies in a risk database, along with a benchmark premium value calibrated to a target return on equity based on the account information and information in the risk database. The account score matrix may be displayed on an underwriter device, and guide indication adjustments may be received from the underwriter device for the potential insurance policy. The premium indication portal processor may then automatically calculate an adjusted premium value calibrated to the target return on equity based at least in part on the guide indication adjustments.
    Type: Application
    Filed: December 16, 2014
    Publication date: June 16, 2016
    Inventors: Eric D. Besman, Jeffery T. Hay, Douglas Joseph Onnen, Pamela Sealand Reale, Joseph E. Wells, II