Patent ID: 7844528

Claim:
A processor-implemented method to generate a reinsurance product data-structure, comprising: providing a product generating user interface with widgets indicative of reinsurance product characteristics for display; receiving user actuations of widgets indicative of reinsurance product characteristics via the product generating user interface; receiving user specifications of relationships and logic on and between the reinsurance product characteristics; receiving a user specification for an identifying base characteristic; generating via a processor a reinsurance product data-structure from the user actuations of the widgets indicative of reinsurance product characteristics and the specifications of relationships and logic on and between the reinsurance product characteristics, wherein the reinsurance product data-structure specifies external logic sets, wherein the external logic sets are dynamically integrated into a base program for execution without interrupting the base program and are configured to dynamically or periodically update data sets associated with the logic sets; and storing the reinsurance product data-structure in a reinsurance product database of the base program.