System and Method for Analyzing Complex Insurance Policy Proposals

摘要

A system and method for providing businesses with comparative insurance proposal information. The present invention is embodied in an online software system that provides a home page for both agents and businesses and a business only page that provides additional information such as tips on saving money and purchasing insurance. A business first provides underwriting data to those wanting to provide quotes. The insurance agent or representative of the insurance company uploads the proposal(s) to the insurance valuator system via manual or electronic methods the proposed limits and coverage. An automated communication is then generated and sent to the business when the agent logs in and when it is complete. After the proposal information is uploaded, custom reports (based on sets of industry specific rules, guidelines or other criteria) can be generated and viewed or printed by the business.