Patent ID: 8615414
Filing Date: 2013-12-24
Classification: G06Q

Abstract:
1. An apparatus for optimizing one or more of a customer's insurance policies: a processing device that imports the various terms and conditions from one or more insurer systems and imports accounts receivable information from one or more customer systems, the processing device being in electronic data communication with the one or more insurer systems and the one or more customer systems via a network connection; a compliance module that instructs the processing device to import the various terms and conditions from the one or more insurer systems, imports the accounts receivable information from the one or more customer systems, identifies overdue accounts receivable and time periods for which those accounts receivable have been overdue, compares the terms and conditions to the time periods to determine if the customer is not in compliance with any of one of the various terms and conditions, and generates an alert when the customer is not in compliance with any one of the various terms and conditions; and a graphical user interface in electronic data communication with the processing device that generates a graphical display that includes the overdue accounts receivable identified by the processing device, wherein the accounts receivable information corresponds to one or more of the customer's debtors, wherein the various terms and conditions identify a deadline for filing a claim on the overdue accounts receivable for the one or more debtors, and wherein the compliance module instructs the processing device to electronically submit a claim to one or more insurers via the one or more insurer systems as the time period for the overdue accounts receivable for the one or more debtors covered by the one or more insurers comes within a predetermined number of days from the deadline for filing the claim.