Apparatuses, methods, and systems for providing a risk evaluation product builder user interface

Abstract

The present disclosure describes an approach to constructing and implementing risk rating products that provides a number of advantages. Instead of hard-coding attributes of a risk rating scheme, which requires the assistance of a trained programming specialist for any modifications, adjustments, or new products, the present invention provides a set of modular tools that assist non-specialists in on-the-fly generation and implementation of risk rating products. The modularity of this approach facilitates the modification and/or updating of a system component without affecting the operation of other components. Described herein are embodiments of a risk evaluation product builder, which allows users to manipulate visual tools to generate a data-structure comprising an embodiment of a risk rating scheme and insurance quoting product.

1 - 32 . (canceled) 
     
     
         33 . A processor-implemented method to generate a user interface for a risk rater builder, comprising:
 providing interface elements configured to receive specification of a plurality of risk rater characteristics, including:
 at least one risk rater base criterion; 
 a plurality of risk characteristic input fields; 
 at least one expression comprising a mathematical calculation performed on at least one input provided in at least one of the plurality of risk characteristic input fields; and 
 at least one call to a rule from a rules database. 
   
     
     
         34 . The method of  claim 33 , further comprising:
 at least one reference to a lookup table comprising a collection of data values.   
     
     
         35 . The method of  claim 34 , wherein the mathematical calculation is further performed on data collected by the reference to a lookup table. 
     
     
         36 . The method of  claim 33 , wherein the at least one risk rater base criterion comprises a risk rater identifier. 
     
     
         37 . The method of  claim 33 , wherein the at least one risk rater base criterion comprises an insurance carrier identifier. 
     
     
         38 . The method of  claim 33 , wherein the risk rater is directed to property casualty insurance and the plurality of risk characteristic input fields include fields directed to characteristics of a property. 
     
     
         39 . The method of  claim 38 , wherein the characteristics of the property include a geocode. 
     
     
         40 . The method of  claim 38 , wherein the characteristics of the property include construction characteristics. 
     
     
         41 . The method of  claim 33 , wherein the interface elements are provided within an XML document. 
     
     
         42 . The method of  claim 33 , further comprising:
 a set of insurance product documents, including a document delivery order.   
     
     
         43 . The method of  claim 33 , further comprising:
 a product payment schedule.   
     
     
         44 . An apparatus to generate a user interface for a risk rater builder, comprising:
 a memory;   a processor disposed in communication with said memory, and configured to issue a plurality of instructions stored in the memory, wherein the instructions issue signals to:
 provide interface elements configured to receive specification of a plurality of risk rater characteristics, including:
 at least one risk rater base criterion; 
 a plurality of risk characteristic input fields; 
 at least one expression comprising a mathematical calculation performed on at least one input provided in at least one of the plurality of risk characteristic input fields; and 
 at least one call to a rule from a rules database. 
 
   
     
     
         45 . A system to generate a user interface for a risk rater builder, comprising:
 means to provide interface elements configured to receive specification of a plurality of risk rater characteristics, including:
 at least one risk rater base criterion; 
 a plurality of risk characteristic input fields; 
 at least one expression comprising a mathematical calculation performed on at least one input provided in at least one of the plurality of risk characteristic input fields; and 
 at least one call to a rule from a rules database. 
   
     
     
         46 . A medium readable by a processor to generate a user interface for a risk rater builder, comprising:
 instruction signals in the processor readable medium, wherein the instruction signals are issuable by the processor to provide interface elements configured to receive specification of a plurality of risk rater characteristics, including:
 at least one risk rater base criterion; 
 a plurality of risk characteristic input fields; 
 at least one expression comprising a mathematical calculation performed on at least one input provided in at least one of the plurality of risk characteristic input fields; and 
 at least one call to a rule from a rules database.