摘要 |
A defendant protection policy is purchased by a plaintiff in connection with pursuing a lawsuit against a defendant, and pays out to the defendant in the event of an outcome unfavorable to the plaintiff. The plaintiff can be required to purchase the defendant protection policy by law or by contract. A computer-based system for facilitating the underwriting of the defendant protection policy includes at least one processor and computer-readable memory configured to execute a claim data entry module for receiving claim data about a litigation claim, a policy risk module for assessing insurer risk of payment under the claim based at least in part on risk data corresponding to the claim data, and a policy pricing module for determining policy pricing based at least in part on the insurer risk of payment. |