Computer system for insurance company involves use of central processor which devises product rules and remote policy administration computers, reduces time taken to bring new products onto market

摘要

The rules for new insurance products (10) are generated at a central station (1) by a central administration module (22). The product rules and data are sent via a communication network (3) to a number of remote administration stations (2). The actual policies are administered using an administration module (12) at the remote station.