Method and computerized system for managing insurance receivable accounts
US5991733A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Mar 22, 1996 |
| Grant date | Nov 23, 1999 |
| Priority date | — |
| Expiry date | Mar 22, 2016 |
Classification
- Technology area (CPC Y)Emerging Cross-Sectional Technologies
- CPC primaryY10S707/99948
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and computerized system is disclosed for managing insurance receivable accounts. The method provides a combination of specific automation enablers and unique ruled based decision tools which are used to maximize recovery of the insurance receivable accounts. The method includes automation of collection strategies based in part on an automated decision support tool, for objective evaluation of data relating to any collection related decisions or activities, and a historical data warehouse, for comparison to all other insurance receivable accounts recorded. The computerized system entails a local area network of workstations, database server, file server, input devices, output devices configured by software for accumulating, processing, administering and analyzing premium insurance collection accounts in an automated workflow process environment. The computerized system provides, among other capabilities, for cases processed in-house by collectors, automation respecting scripted dispute handling, on-line payment plan capabilities, electronic data transfer and, collection strategy development, for cases referred to an outside collection agency or attorney, automation respecti…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.