The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 18, 2011
Filed:
May. 14, 2003
Rowan L. Dordick, Briarcliff Manor, NY (US);
Asit Dan, Pleasantville, NY (US);
Kazuo Iwano, Kanagawa, JP;
Rowan L. Dordick, Briarcliff Manor, NY (US);
Asit Dan, Pleasantville, NY (US);
Kazuo Iwano, Kanagawa, JP;
International Business Machines Corporation, Armonk, NY (US);
Abstract
A method and system for indemnifying an insurance purchaser by an insurance provider against losses resulting from specified events. In one embodiment, the specified events include quality of service penalties of a service level agreement between a service provider and service purchaser. The invention may include at least one risk metric monitored via a communication network, such that a premium payable to the insurer by the insurance purchaser is dependent on the risk metric. In a particular configuration of the invention, the risk metric is monitored in real-time or near real-time.