Patent ID: 11922513
Assignee: ALLSTATE INSURANCE COMPANY
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 17:
18. The system of claim 17, the memory storing instructions that, when executed by the at least one processor, further cause the system to:
receive, in the plurality of data formats, by the at least one processor, via the network interface, and from a plurality of life insurance providers, the life insurance data associated with the plurality of life insurance providers;
receive, from a life insurance provider computer server associated with the first life insurance provider and by the at least one processor, policy data associated with the request to authorize the transaction by the existing customer of the first life insurance provider to make the at least one change to the first life insurance policy provided by the first life insurance provider to the existing customer of the first life insurance provider; and
store the life insurance data in the uniform data format in the life insurance clearinghouse database
wherein the life insurance data associated with the existing customer of the first life insurance provider comprises a number of currently in-force life insurance policies associated with the existing customer of the first life insurance provider, a number of previous life insurance policies associated with the existing customer of the first life insurance provider, a combined total policy value of a currently in-force life insurance policies associated with the existing customer of the first life insurance provider, and a listing of life insurance providers associated with the currently in-force life insurance policies of the existing customer of the first life insurance provider, and
the policy data associated with the request to authorize the transaction by the existing customer of the first life insurance provider to make the at least one change to the first life insurance policy provided by the first life insurance provider to the existing customer of the first life insurance provider comprises one or more of a name of the existing customer of the first life insurance provider, an address of the existing customer of the first life insurance provider, a phone number of the existing customer of the first life insurance provider, an email address of the existing customer of the first life insurance provider, a driver's license number of the existing customer of the first life insurance provider, a social security number of the existing customer of the first life insurance provider, or a policy number of the existing customer of the first life insurance provider.