Patent ID: 8805709
Filing Date: 2014-08-12
Classification: G06Q

Abstract:
1. A system configured to determine a dividend for an insurance customer in relation to an insurance policy, the system comprising: one or more data storage devices storing data regarding a plurality of insurance group dividend plans, including, with respect to at least one group dividend plan, eligibility criteria to be a member of the group dividend plan, a group of customers assigned to the group dividend plan, and premium payments and safety data associated with each customer of the group of customers assigned to the group dividend plan, the safety data including data indicative of at least one of a participation or a performance of the customer in one or more loss prevention programs; one or more computer processors in communication with the one or more data storage devices; and a memory in communication with the one or more computer processors and storing program instructions, the one or more computer processors operative with the program instructions to: