FirstBest Granted Two Tech Patents
Patents obtained for advances in insurance underwriting management system and agent portal.
Virtual Water Cooler, February 1, 2012
FirstBest Systems Inc., a provider of insurance software solutions for insurance carriers, has been awarded two patents by the United States Patent and Trademark Office.
FirstBest says the patents include systems and methods delivered in the FirstBest UMS underwriting management system and agent/broker portal, related to underwriting authority management, automation and real-time collaboration. The protected innovations, core to the company's Front Office Suite for insurance, help insurers drive revenue growth and increase profitability across the enterprise, while improving ease of doing business with the distribution channel.
FirstBest says the two patents, numbers 8,073,716 and 8,073,717, include business-centric systems and methods that power Front Office Suite, such as the suite's real-time collaboration, underwriting notes, concurrent editing of the application and managing changes, and the Configurator's ability to maintain forms and rules using an intuitive business analyst user interface.
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