Hartford Fire Insurance Compnay

Anthony J Grosso

Jacqueline LeSage Krause

Steven P Rippel

David F Peak

Eugene J Walters

A system and method are disclosed herein to determine an insurance benefit associated with an insurance policy for an asset, such as an automobile or a residence. The system includes a computer memory and a processor in communication with the computer memory. The computer memory may store data indicative of (i) a recommended maintenance schedule for the asset and (ii) at least one actual maintenance event that has occurred in connection with the asset. The processor may compare the at least one actual maintenance event with the recommended maintenance schedule and determine the benefit for the insurance policy based at least in part on a result of said comparing. The processor may then transmit an indication of the benefit for the insurance policy.

System and method to determine an insurance policy benefit associated with an asset

Systems and methods for providing dividends to customers are disclosed. The system includes a database for storing data and a business logic processor for determining a dividend to provide to a customer. The stored data includes eligibility criteria for membership in one of a plurality of group dividend plans, data about customers assigned to the plans, and premium payments associated with the customers. The business logic processor receives eligibility data related to a customer's eligibility for assignment to a group dividend plan. The business logic processor uses the received data to identify a dividend group plan that a customer is eligible to join and assigns the customer to the identified plan. Finally, the business logic processor calculates a dividend to provide to the customer based on the assigned plan.

System and method for determining insurance group dividends

System and method for providing group dividends

A system for underwriting using community and/or social networking based data includes an automated insurance underwriting platform for rating and pricing insurance policies through the accessing and evaluating of community, social and business network based information. Community or social network rating data may be analyzed and weighting factors may be applied to the community or social network rating data. An underwriting decision for the potential entity to be insured may then be transmitted based at least in part on the community or social network rating data.

Growing community of inventors

Suffield, CT, United States of America

Anthony J Grosso