( 133 of 133 ) |
United States Patent | 5,704,045 |
King , et al. | December 30, 1997 |
A system and method of accepting risk through contractual obligations transfers a portion of the risk to investors and includes means for absolute assurance of timely payment to contract holders, and segregation, of the interests of particular investors to specifically identified risks in a risk to capital matching system. The system creates separate ledgers and segregated reserves to tailor particular products for specific needs including transferring difficult to place risks. The system creates agreements which promise payments, based on loss from risks including investment risks. Data processing provides legally segregated relationship management links, supervising and balancing the interests of professionals in a risk transfer and diversification system.
Inventors: | King; Douglas L. (Oklahoma City, OK), Barclay; Alasdair G. (Pembroke, BM), Wellman; Rockie C. (Oklahoma City, OK) |
Appl. No.: | 08/370,060 |
Filed: | January 9, 1995 |
Current U.S. Class: | 705/35 ; 705/38 |
Current International Class: | G06Q 40/00 (20060101); G06F 017/00 () |
Field of Search: | 364/400,401,402,408 340/825.26,825.07 395/201,235,236,237,238,239,240,242,243,244 |
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