Patent ID: 8566125
Filing Date: 2013-10-22
Classification: G06Q

Abstract:
1. A workflow system for processing an insurance application in an automated manner, the workflow system in the form of a tangibly embodied processing machine constituting a physical structure, the workflow system comprising: an interface portion tangibly disposed in the processing machine and constituting a physical structure, the interface portion inputting application information into the workflow system for processing by the workflow system; a workflow looping portion tangibly disposed in the processing machine and constituting a physical structure, the workflow looping portion performing processing, the processing including, in sequence: a rules logic portion tangibly disposed in the processing machine and constituting a physical structure, the rules logic portion controlling the implementation of rules applied to the processing of the insurance application as the insurance application passes through the automated processing; and wherein the performing underwriting processing, performing issue processing and performing settlement processing are each performed in an automated manner to constitute automated processing of the insurance application, such that the automated processing includes the performing underwriting processing, performing issue processing and performing settlement processing.