Patrick J Elshaw

US Patent:

8620696, Dec 31, 2013

Filed:

Dec 18, 2012

Appl. No.:

13/717863

Inventors:

Patrick J. Elshaw - Traverse City MI, US

Assignee:

Retirement Benefit Soltuions, LLC - Traverse City MI

International Classification:

G06Q 40/00

US Classification:

705 4, 705 35

Abstract:

A method is disclosed of financing the liabilities of sovereign governmental entities, their political subunits, and like entities (e. g. , school boards, etc. ), and private business entities through the use of insurance products. In one embodiment, the method may include: receiving a population data set, generating a plurality of mortality data sets, generating a financial target data set, transmitting the financial target data set to a plurality of life insurance vendors, receiving from each of at least two life insurance vendors a rate table, generating a proportional rating for each insurance vendor, generating a final rate table having a per member life insurance premium rate for each mortality data set.

US Patent:

20100293010, Nov 18, 2010

Filed:

May 14, 2010

Appl. No.:

12/780542

Inventors:

Patrick J. Elshaw - Traverse City MI, US
Timothy Heger - Traverse City MI, US

International Classification:

G06Q 40/00
G06Q 10/00

US Classification:

705 4

Abstract:

A method is disclosed of financing the liabilities of sovereign governmental entities, their political subunits, and like entities (e.g., school boards, etc.), and private business entities through the use of insurance products. In one embodiment, the method may include: receiving a population data set, generating a plurality of mortality data sets, generating a financial target data set, transmitting the financial target data set to a plurality of life insurance vendors, receiving from each of at least two life insurance vendors a rate table, generating a proportional rating for each insurance vendor, generating a final rate table having a per member life insurance premium rate for each mortality data set.