| 摘要 |
The present invention is a web-based mobile application, which would serve as a marketplace for agreed value and linear payout flood and other disaster-loss reimbursement protection system. The web application would integrate information about risk and disaster insurance products, including details relating to pricing, coverage and providers, from multiple providers into a single source on an online platform enabling risk-financing customers to compare and purchase risk-financing products entirely online. The web application would expedite the marketing and sale of flood and other disaster risk financing policies by insurance providers by creating a user-friendly, efficient marketplace for the listing and purchase of flood insurance. The web application would list policies guaranteeing a pre-agreed payout based on pre-determined metrics—for instance, in the case of flood hazards, a water-elevation function factoring in high water probability data and building structure elevation—saving both insurers and customers the time and money spent on building inspection and damage estimation. |
| 主权项 |
1. A website and mobile application portal (website/app) incorporating a graphical user interface (GUI) for use as a marketplace for buying, selling, hosting, providing claims information and/or payouts for flood protection agreed value, linear payout flood and other disaster insurance or risk-financing policies and other similar products (flood insurance policy) for insurance sellers, agents and brokers, financial institutions and home and business property owners and others to sell, purchase, transfer, and distribute policies, and conduct other transactions entirely or largely by going to a website, mobile application or combination thereof on a user device, with said website/app incorporating one or more government or private-sector generated databases of buildings and their respective locations and Base Flood Elevation (BFE) data, other flood probability data related to elevations, actual flood elevation data, high water marks, depth in structure and other metrics and factors, and corresponding payout schedules in the event of hypothetical floods of corresponding flood water elevation levels. |
