eReinsure.com, Inc., a provider of e-commerce technology to the insurance and reinsurance industries, announced the United States Patent and Trademark Office has awarded the company Patent No. 7,333,940--method and computer-readable medium for negotiating reinsurance for a risk.
"This patent and other patents pending will help to protect the business methods we have developed to enable online risk negotiation," says Igor Best-Devereux, CEO of eReinsure. "The ability of the eReinsure team to incorporate these original ideas in a system used by many major insurers, reinsurers, and brokers will keep our company at the forefront of electronic trading in this market."
eReinsure.com develops Internet technologies for reinsurance negotiation, documentation, and other functions that support process efficiency, compliance, and management information.
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