Inventors:
Julian E. Pelenur - Marblehead MA, US
Paul Thomas Cummings - Westford MA, US
Joseph Pilkerton - Charlestown MA, US
John Belizaire - New York NY, US
Kelly Ann Lynch - Glastonbury CT, US
Jeffrey Jerome Glass - Arlington MA, US
Hao Chen - West Hartford CT, US
Thomas Albert Muldoon - Newburyport MA, US
Assignee:
FirstBest Systems, Inc. - Lexington MA
International Classification:
G06Q 40/00
Abstract:
Disclosed are methods of underwriting insurance contracts. In one embodiment a method comprises receiving from a registered user a request for approval of the insurance contract, the request for approval of the insurance contract including underwriting parameters of the insurance contract; reading, from a user database underwriting criteria corresponding to the user; determining whether the underwriting parameters of the insurance contract satisfy the underwriting criteria of the user; and providing an interface including a status message indicating that at least one underwriting criterion is not satisfied, if at least one underwriting criterion is not satisfied. The interface can include a graphical element linking a part of the status message with a displayed parameter of the contract. In another embodiment the method further comprises determining whether the underwriting parameters of the insurance contract satisfy underwriting criteria corresponding to a managing user with a greater scope of authority than the registered user.