Commercial insurance scoring system and method
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United States of America Patent
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Feb 18, 2014
Grant Date -
Oct 25, 2012
app pub date -
Feb 15, 2012
filing date -
Oct 23, 2000
priority date (Note) -
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Abstract
A quantitative system and method that employs data sources external to an insurance company to generate a statistical model that may be used to predict commercial insurance profitability. The system and method are able to predict individual commercial insurance policyholder profitability on a prospective basis regardless of the internal data and business practices of a particular insurance company.
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