Processing and Optimizing Travel Insurance Transactions
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United States of America Patent
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Issued Date -
Feb 27, 2014
app pub date -
Oct 31, 2013
filing date -
Sep 13, 2010
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Abstract
A method and system are provided for processing communications between travel service providers and travel insurers where travel service providers use different messaging formats. A travel service provider transmits itinerary data to a travel insurer in one messaging format. The travel insurer may then convert the itinerary data into a format compatible with the travel insurer's system and determine an optimal policy choice based on the itinerary data. The travel insurer may then transmit this choice to the travel service provider in the travel service provider's preferred messaging format, and the travel service provider offers the product to the consumer through the travel service provider's interface.
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