Patent ID: 7783505

Claim:
An adaptive system for rating possible insurance risk comprising: a user interface in electronic communication with a user computer for receiving risk information, said user interface in communication with a legacy computer system; a web service in electronic communication with said legacy computer system for receiving said risk information, wherein said web service also being provided for transmitting risk rating information to said legacy computer system; a calculation engine in electronic communication with said web service and configured to: load, from a data repository for storing rating spreadsheets for calculation of risk rating data, instances of selected ones of workbooks of the stored spreadsheets; populate cells of said workbooks with data based on said received risk information; perform calculations employing formulas included in said workbooks to determine risk rating information; furnish results of the calculations from the cells of the workbooks to the web service; and close the instances of the workbooks without saving entered values; and said legacy system parsing said risk rating information for display on said user interface, wherein the rating spreadsheets are further for calculating premium data; the calculation engine is further configured to perform calculations employing formulas included in said workbooks to determine premiums; and said legacy system is further for parsing said premiums for display on said user interface, and wherein the workbooks are loaded responsive to identifying a cell name in a workbook corresponding to a field name in an XML document generated by the legacy system for furnishing the risk information to the web service, and the data from the XML document is mapped to cells in the workbooks having corresponding names.