Researchers Submit Patent Application, “Systems and Methods for Generating Data Representative of Multi-Product Insurance Discounts and Related User Interface Displays”, for Approval (USPTO 20240127352): Patent Application

2024 MAY 06 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- From Washington, D.C., NewsRx journalists report that a patent application by the inventors Bianco, Lisa (Heyworth, IL, US); Henderson, JR., Howard (Katy, TX, US); Murphy, Benjamin R. (Bloomington, IL, US); Orzolek, Elizabeth (Normal, IL, US); Serapin, Arlene (Normal, IL, US), filed on December 20, 2023, was made available online on April 18, 2024.

No assignee for this patent application has been made.

News editors obtained the following quote from the background information supplied by the inventors: “Insurance products are typically quoted and/or applied for through an insurance agent. The insurance agents may be aware of discounts available to potential insurance customers when the potential insurance customers select a certain insurance coverage and/or multi-product insurance packages. The insurance agents may communicate any multi-product insurance discounts to the potential insurance customer.

“It is desirable to allow potential insurance customers to enter personal information via a user interface, select insurance products via the user interface and to view displays associated with multi-product insurance discounts.”

As a supplement to the background information on this patent application, NewsRx correspondents also obtained the inventors’ summary information for this patent application: “A computer-implemented method of automatically receiving data representative of multi-product insurance discounts is provided. The method may include receiving, at a processor of a computing device, personal data, wherein the personal data is representative of personal information of at least one individual seeking insurance. The method may also include receiving, at a processor of a computing device, insurance product data, wherein the insurance product data is representative of at least two insurance products. The method may further include generating, using a processor of a computing device, data representative of multi-product insurance discounts based on the personal data and the insurance product data.

“In another embodiment, a computer system for generating data representative of multi-product insurance discounts is provided. The computer system may include a personal data receiving module stored on a memory that, when executed by a processor, causes the processor to receive personal data, wherein the personal data is representative of personal information of at least one individual seeking insurance. The computer system may also include an insurance product data receiving module stored on a memory that, when executed by a processor, causes the processor to receive insurance product data, wherein the insurance product data is representative of at least two insurance products. The computer system may further include a multi-product insurance discount data generating module stored on a memory that, when executed by a processor, causes the processor to generate data representative of multi-product insurance discounts based on the personal data and the insurance product data.

“In a further embodiment, a tangible computer-readable memory storing instructions for generating data representative of multi-product insurance discounts is provided. The tangible computer-readable memory may include a personal data receiving module that, when executed by a processor, causes the processor to receive personal data, wherein the personal data is representative of personal information of at least one individual seeking insurance. The tangible computer-readable memory may also include an insurance product data receiving module that, when executed by a processor, causes the processor to receive insurance product data, wherein the insurance product data is representative of at least two insurance products. The tangible computer-readable memory may further include a multi-product insurance discount data generating module that, when executed by a processor, causes the processor to generate data representative of multi-product insurance discounts based on the personal data and the insurance product data.”

The claims supplied by the inventors are:

“1. A computer-implemented method, comprising: receiving, by one or more processors, from a client device, personal data, wherein the personal data includes one or more of a driving record or a vehicle insurance claim history of an individual seeking insurance; receiving, by the one or more processors, personal information verification data from one or more of a bureau of motor vehicles database or an insurance company database; verifying, by the one or more processors, one or more of: the driving record of the individual seeking insurance based on the personal information verification data from the bureau of motor vehicles database, or the vehicle insurance claim history of the individual seeking insurance based on the personal information verification data from the insurance company database; receiving, by the one or more processors, insurance product data from an insurance product database of a remote server; generating, by the one or more processors, data representative of one or more insurance discounts based on the personal data and the insurance product data, in response to verifying one or more of the vehicle insurance claim history or the driving record of the individual seeking insurance; receiving, by the one or more processors, non-insurance related data, wherein the non-insurance related data is representative of one or more non-insurance product discounts; generating, by the one or more processors, a user interface display based on data representative of multi-product insurance discounts including both insurance product discounts and non-insurance related product discounts; and transmitting, by the one or more processors, the generated user interface display to the client device for display via a user interface of the client device.

“2. The method of claim 1, wherein the data representative of multi-product insurance discounts includes at least one of: insurance product rate data, insurance product bundle data, product saving data, total savings data or insurance product risk data.

“3. The method of claim 1, wherein the insurance product data includes at least one of: insurance product rate data, insurance product bundle data or insurance product risk data.

“4. The method of claim 1, further comprising: generating, by the one or more processors, insurance product risk data based on the personal data and the insurance product data.

“5. The method of claim 1, further comprising: generating, by the one or more processors, insurance product risk data based on personal data, the personal information verification data and the insurance product data.

“6. The method of claim 1, further comprising: generating, by the one or more processors, insurance agent data based on change data when the processor is unable to determine whether, or not at least one change to the current insurance related information is accepted by an insurance agent.

“7. A computer system comprising one or more processors, and a memory storing computer-readable instructions, that, when executed by the one or more processors, cause the one or more processors to: receive personal data from a client device, wherein the personal data includes personal information of an individual seeking insurance, including one or more of a driving record or a vehicle insurance claim history; receive personal information verification data, from one or more of a bureau of motor vehicles database or an insurance company database; verify one or more of: the driving record of the individual seeking insurance based on the personal information verification data from the bureau of motor vehicles database, or the vehicle insurance claim history of the individual seeking insurance based on the personal information verification data from the insurance company database; receive insurance product data from an insurance product database; generate data representative of one or more insurance discounts based on the personal data and the insurance product data, in response to verifying one or more of the vehicle insurance claim history or the driving record of the individual seeking insurance; receive non-insurance related data, wherein the non-insurance related data is representative of one or more non-insurance product discounts; generate a user interface display based on data representative of multi-product insurance discounts including both insurance product discounts and non-insurance related product discounts; and transmit the generated user interface display to a client device associated with the individual seeking insurance for display via a user interface of the client device.

“8. The computer system of claim 7, wherein the data representative of multi-product insurance discounts includes at least one of: insurance product rate data, insurance product bundle data, product saving data, total savings data or insurance product risk data.

“9. The computer system of claim 7, wherein the insurance product data includes at least one of: insurance product rate data, insurance product bundle data or insurance product risk data.

“10. The computer system of claim 7, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance product risk data based on the personal data and the insurance product data.

“11. The computer system of claim 7, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance product risk data based on personal data, the personal information verification data and the insurance product data.

“12. The computer system of claim 7, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance agent data based on change data when the processor is unable to determine whether, or not at least one change to the current insurance related information is accepted by an insurance agent.

“13. A non-transitory computer-readable medium comprising computer-readable instructions that, when executed by one or more processors, cause the one or more processors to: receive personal data from a client device, wherein the personal data includes personal information of an individual seeking insurance, including one or more of a driving record or a vehicle insurance claim history; receive personal information verification data, from one or more of a bureau of motor vehicles database or an insurance company database; verify one or more of: the driving record of the individual seeking insurance based on the personal information verification data from the bureau of motor vehicles database, or the vehicle insurance claim history of the individual seeking insurance based on the personal information verification data from the insurance company database; receive insurance product data from an insurance product database; generate data representative of one or more insurance discounts based on the personal data and the insurance product data, in response to verifying one or more of the vehicle insurance claim history or the driving record of the individual seeking insurance; receive non-insurance related data, wherein the non-insurance related data is representative of one or more non-insurance product discounts; generate a user interface display based on data representative of multi-product insurance discounts including both insurance product discounts and non-insurance related product discounts; and transmit the generated user interface display to a client device associated with the individual seeking insurance for display via a user interface of the client device.

“14. The non-transitory computer-readable medium of claim 13, wherein the data representative of multi-product insurance discounts includes at least one of: insurance product rate data, insurance product bundle data, product saving data, total savings data or insurance product risk data.

“15. The non-transitory computer-readable medium of claim 13, wherein the insurance product data includes at least one of: insurance product rate data, insurance product bundle data or insurance product risk data.

“16. The non-transitory computer-readable medium of claim 13, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance product risk data based on the personal data and the insurance product data.

“17. The non-transitory computer-readable medium of claim 13, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance product risk data based on personal data, the personal information verification data and the insurance product data.

“18. The non-transitory computer-readable medium of claim 13, wherein the instructions, when executed by the one or more processors, further cause the one or more processors to: generate insurance agent data based on change data when the processor is unable to determine whether, or not at least one change to the current insurance related information is accepted by an insurance agent.”

For additional information on this patent application, see: Bianco, Lisa; Henderson, JR., Howard; Murphy, Benjamin R.; Orzolek, Elizabeth; Serapin, Arlene. Systems and Methods for Generating Data Representative of Multi-Product Insurance Discounts and Related User Interface Displays. U.S. Patent Application Number 20240127352, filed December 20, 2023 and posted April 18, 2024. Patent URL (for desktop use only): https://ppubs.uspto.gov/pubwebapp/external.html?q=(20240127352)&db=US-PGPUB&type=ids

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