SYSTEMS AND METHODS FOR BUSINESS RECLASSIFICATION TIEBREAKING

摘要

Systems, apparatus, interfaces, methods, and articles of manufacture that provide for insurance and/or underwriting product business classification and/or reclassification tiebreaking.

主权项

1. A specially-programmed computerized processing device, comprising:
a computerized processor; and a memory in communication with the processor, the memory storing specially-programmed instructions that when executed by the computerized processor result in:
receiving, from a user device, an indication of identifying information of a business for which an underwriting product is sought;determining an initial business classification of the business;providing, to the user device, a plurality of business classification questions;receiving, in response to the providing of the plurality of business classification questions, at least one answer to the plurality of business classification questions;determining, based on the at least one answer to the plurality of business classification questions, a business classification tie between at least two business classifications;conducting a business classification tiebreaking that results in a selecting of one of the at least two business classifications as a final business classification for the business; anddetermining at least one available insurance policy type based on the final business classification for the business.