Patent ID: 8762182

Claim:
A method for facilitating annuity contract quoting between annuity purchasers and annuity providers; comprising: receiving, by a server computing system, an electronic annuity quote invitation from an annuity purchaser computing system on behalf of an annuity purchaser; electronically dispatching the electronic annuity quote invitation from the server computing system to annuity provider computing systems of designated annuity providers to prompt the designated annuity providers to furnish the annuity quote at a group rate for the annuity purchaser who is not otherwise a member of a group; assembling, by the server computing system, electronic annuity quote responses provided by the annuity provider computing systems, in a presentation facilitating comparative analysis of at least income between the electronic annuity quote responses; sending, by the server computing system, the electronic annuity quote responses to the annuity purchaser computing system in response to the electronic annuity quote invitation; receiving, by the server computing system, a highest income-generating electronic annuity quote response selected by the annuity purchaser computing system from the electronic annuity quote responses sent; and electronically notifying the annuity provider computing system that provided the highest income-generating electronic annuity quote response that the annuity purchaser is requesting to purchase an annuity from the designated annuity provider associated with the annuity provider computing system that provided the highest income-generating electronic annuity quote response at the group rate and at terms provided in the highest income-generating electronic annuity quote response.