METHOD AND SYSTEM OF DETERMINING AND APPLYING INSURANCE PROFIT SCORES
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United States of America Patent
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app pub date -
Jun 6, 2013
filing date -
Oct 14, 2008
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Abstract
Preferred embodiments of the invention include a new and innovative method and system of determining a profit score for an individual policy, which score may be used to evaluate the desirability of offering or renewing individual insurance policies. The present invention also may be applied to determine the profitability of aggregate books of business, which may be offered by individual insurance agents or agencies, whether captive or independent.
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