Patent · US Active

System and method for financing an insurance transaction

US7716076B1 · kind B1 · utility

60Cited by
3References
30Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 27, 2004
Grant dateMay 11, 2010
Priority date
Expiry dateMar 10, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/08
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A method for structuring an insurance transaction. The method includes providing insurance coverage to reimburse an insured entity in the event that the insured entity incurs a loss based on the occurrence of one or more defined events, designating an insurance premium amount to be paid by the insured entity as an insurance premium. The method further includes requiring that the insurance premium amount be paid, at least in part, by a transfer of intellectual property assets, each intellectual property asset including a plurality of intellectual property rights.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.