SYSTEM AND METHOD FOR ADMINISTRATION OF LOYALTY PROGRAM
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United States of America Patent
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Issued Date -
May 16, 2013
app pub date -
Nov 15, 2011
filing date -
Nov 15, 2011
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Systems and methods for management of financial and insurance products held by customers in a group and for administration of a loyalty and reward program for the group. Each customer in a group has an individual customer profile, which includes information about one or more insurance products held by a customer and a reward points total associated with the one or more products held by the customer. The profiles of various customers may be compiled in group data. The group attributes may include a group reward points total, which is based on the reward points total of the customers in the group. Either the individual customer reward points totals and/or the group reward points total can be applied to various transactions to receive a reward benefit.
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