Insurance policy renewal method and system

摘要: A new business model incorporating the advantages of endowing a remote field agent with sole discretion to legally bind an insurance carrier renewal policy contract is provided. Policy data associated eligible policies generated according specified criteria on periodic basis. The relating given subscriber transmitted over Internet memory computer, where updates data, as necessary, information gained about subscriber. binds resulting reflecting evaluated binding step accomplished by acting independently without prior underwriting analysis, rating, or authorization carrier, and entire transaction in not more than five minutes.