Travelers Indemnity Assigned Patent

By Targeted News Service

ALEXANDRIA, Va., Dec. 27 -- Travelers Indemnity, Hartford, Conn., has been assigned a patent (8,340,983) developed by five co-inventors for a "method and system for furnishing an on-line quote for an insurance product." The co-inventors are Ruth B. Grover, Marlborough, Conn., Donald White, Amston, Conn., Linda Hirning, Rocky Hill, Conn., Eric Neely, Simsbury, Conn., and Charlene G. Woronowicz, Vernon, Conn.

The abstract of the patent published by the U.S. Patent and Trademark Office states: "A method and system for furnishing an on-line quote for an insurance product, such as auto insurance, the user is allowed to enter basic user information on an on-line quote system application which calls a common data entry system to request credit information for the user. The common data entry system sends the requested credit information to the on-line quote system application, and the user is allowed to enter a selection of coverage. The user is then allowed to enter underwriting information on the on-line quote system application which calls a rating engine of the common data entry system to request rating information. The on-line quote system application displays a quote for the user based at least in part on the rating information, and the user is offered an option to talk to an agent. A fast-forward feature simplifies the entry of modifications for the user."

The patent application was filed on Feb. 10, 2009 (12/368,611). The full-text of the patent can be found at http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO2&Sect2=HITOFF&p=1&u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&r=1&f=G&l=50&co1=AND&d=PTXT&s1=8,340,983&OS=8,340,983&RS=8,340,983

Written by Satyaban Rath; edited by Hemanta Panigrahi.

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