Patent ID: 8626535

Claim:
A system, comprising: at least one processor; an electronic marketplace platform interface, implemented by the at least one processor, configured to communicate with at least one electronic marketplace application; a shipping insurance module, implemented by the at least one processor, configured to present a plurality of shipping insurance policies from a plurality of insurance providers to a seller of the corresponding electronic marketplace application, to receive a selection of one of the shipping insurance policies from the seller, to provide a shipping insurance policy selected and paid for by the seller of the corresponding electronic marketplace application, and to process a claim from the seller using information from the corresponding electronic marketplace application and the shipping insurance policy; an insurance provider module, implemented by the at least one processor, configured to obtain the shipping insurance policy from an insurance provider among the plurality of insurance providers; and a dynamic pricing module configured to receive a base shipping insurance rate for each insurance provider, to calculate a rate adjustment for the seller based on a tier profile of the seller, and to compute a shipping insurance policy rate for each shipping insurance policy using the basic shipping rate for each insurance provider modified with the rate adjustment for the seller.