Loren S Kane

US Patent:

8326657, Dec 4, 2012

Filed:

Sep 29, 2010

Appl. No.:

12/893403

Inventors:

Robert D. Morse - Cota de Caza CA, US
Gerald L. Conrad - Cota de Caza CA, US
Linda Goodwin - Concord NC, US
Loren S. Kane - Matthews NC, US
Harry W. Clark - Ridgefield CT, US

Assignee:

Quantitative Data Solutions, LLC - Rosemont IL

International Classification:

G06Q 40/00
G06Q 50/00
G06Q 10/00

US Classification:

705 4, 705 2, 705 3

Abstract:

The systems and methods described herein may automate insurance underwriting by integrating information from multiple online databases and creating decision making advice useful to insurance underwriters. One system includes a client, database, and server. The client allows an underwriter to enter applicant information, enter customized risk modifiers, and receive an underwriting decision. The database provides additional applicant information. This information can include one or more of prescription drug history, credit history, motor vehicle records, and geocentric mortality risk. The server obtains the applicant information, calculates the applicant's risk, and makes an underwriting decision. Another system calculates a prescription drug risk for an applicant from pharmacy benefits management data, drug risk category data, and application data. Another system calculates a geocentric mortality risk for an applicant from census data, mortality data, credit information, and application data.

US Patent:

20130173283, Jul 4, 2013

Filed:

Dec 3, 2012

Appl. No.:

13/692290

Inventors:

Gerald L. Conrad - Cota de Caza CA, US
Linda Goodwin - Concord NC, US
Loren S Kane - Matthews NC, US
Harry W. Clark - Ridgefield CT, US

Assignee:

Quantitative Data Solutions, LLC - Rosemont IL

International Classification:

G06F 19/00

US Classification:

705 2, 705 4

Abstract:

The systems and methods described herein may automate insurance underwriting by integrating information from multiple online databases and creating decision making advice useful to insurance underwriters. One system includes a client, database, and server. The client allows an underwriter to enter applicant information, enter customized risk modifiers, and receive an underwriting decision. The database provides additional applicant information. This information can include one or more of prescription drug history, credit history, motor vehicle records, and geocentric mortality risk. The server obtains the applicant information, calculates the applicant's risk, and makes an underwriting decision. Another system calculates a prescription drug risk for an applicant from pharmacy benefits management data, drug risk category data, and application data. Another system calculates a geocentric mortality risk for an applicant from census data, mortality data, credit information, and application data. Preset external modifiers are added to systems and methods of calculating risk in order to allow the underwriter to customize the risk results.

US Patent:

7831451, Nov 9, 2010

Filed:

Jun 25, 2004

Appl. No.:

10/875798

Inventors:

Robert D. Morse - Cota de Caza CA, US
Gerald L. Conrad - Cota de Caza CA, US
Linda Goodwin - Concord NC, US
Loren S. Kane - Matthews NC, US
Harry W. Clark - Ridgefield CT, US

Assignee:

Quantitative Data Solutions, Inc. - Rosemont IL

International Classification:

G06Q 40/00

US Classification:

705 4, 705 3, 705 2

Abstract:

Embodiments of the present invention relate to systems and methods for automating insurance underwriting by integrating information from multiple online databases and creating decision making advice useful to insurance underwriters. One system includes a client, database, and server. The client allows an underwriter to enter applicant information, enter customized risk modifiers, and receive an underwriting decision. The database provides additional applicant information. This information can include one or more of prescription drug history, credit history, motor vehicle records, and geocentric mortality risk. The server obtains the applicant information, calculates the applicant's risk, makes an underwriting decision. Another system calculates a prescription drug risk for an applicant from pharmacy benefits management data, drug risk category data, and application data. Another system calculates a geocentric mortality risk for an applicant from census data, mortality data, credit information, and application data.