KR20010113931A - A system and a method for generating insurance policy avoiding investment risk for enterprise - Google Patents

Abstract

The present invention receives data such as the user's ID number, insurance conditions, insurance period and investment companies, and transmits data such as insurance conditions, processing results, certification status, etc., and receives or transmits data about evaluation members and evaluation companies. An interface for; A database storing said means, insurance policy, user ID, insurance rate database, etc .; A central control unit (CPU) for receiving and communicating with the interface, performing mathematical calculations, searching a database, and performing storage commands; A premium and premium calculation processor for processing premium data and calculating premiums and premiums; It provides a system and method of corporate insurance subscription and generation, comprising an operating system for operating the system.

Description

A system for implementing and generating insurance policies for hedging investment risks to venture firms {A SYSTEM AND A METHOD FOR GENERATING INSURANCE POLICY AVOIDING INVESTMENT RISK FOR ENTERPRISE}

In recent years, investments in venture companies in growth sectors have been activated nationwide or globally. However, investors are always at risk of not being able to easily access information about venture firms and fail to recover their investments due to the uncertainty of their ventures.

Due to the uncertainty of venture firms, investors want to have a good return on their investments, but they do not have adequate defense against these risks. Because of the difficulty of risk assessment factors of venture firms and the existence of various variables for companies to succeed, it was very difficult to create insurance policies.

[Technical task to achieve the invention]

Thus, it is desirable to provide a system for implementing insurance policies to protect investors through risk aversion of investment amounts due to unforeseen venture failures. It also aims to provide an appropriate corporate valuation model as a basis for appropriately estimating premium rates in insurance policies.

[Summary of invention]

Accordingly, the present invention relates to a system for automatically generating an insurance factor for calculating an evaluation factor for each company, and generating an appropriate insurance rate based on this, and calculating a premium for an investment amount.

The present invention receives data such as the user's ID number, insurance conditions, insurance period and investment companies, and transmits data such as insurance conditions, processing results, certification status, etc., and receives or transmits data about evaluation members and evaluation companies. An interface for; A database storing said means, insurance policy, user ID, insurance rate database, etc .; A central control unit (CPU) for receiving and communicating with the interface, performing mathematical calculations, searching a database, and performing storage commands; A premium and premium calculation processor for processing premium data and calculating premiums and premiums; It provides a corporate insurance subscription and generation system comprising an operating system for operating the system.

In addition, the present invention comprises the steps of accepting the evaluation factors from the respective evaluation committee member for the corporate insurance policy through the user interface; Storing each corporate valuation element data in the database together with the ID of each valuation member; Evaluating the risk of each company by means including a risk assessment model function of the company-specific risk assessment data; Calculating insurance rates by insurance and premium calculating processor and central processing unit based on the risk of each enterprise; And calculating a premium and a premium according to each insurance rate.

Connecting a user to a central control device via a communication network; Verifying the identity of the user or receiving a user ID; Inputting data on a means for paying a premium, an investment company and an investment amount; Checking, by the input data, whether the company is a company to be insured and the amount of investment of the user by the central control apparatus or an operator to inform the user of the possibility of insurance; If insurance is available, receiving insurance conditions such as insurance premiums, selectable insurance periods, and insurance money according to the investment company and investment amount of the user from the database and transmitting them to the user; Receiving the data of insurance conditions input by the user, allowing the central processing unit to check and correct the wrong data, and transmitting authentication information to the user if correct; And confirming the authentication by the user, and transmitting the data to the central processing unit to complete the insurance.

TECHNICAL FIELD The present invention relates to investments in venture firms, and more particularly, to a system for generating and implementing insurance policies to avoid risks to venture firms' investments.

1 is a block diagram schematically showing the structure of a system according to the present invention;

2 is a detailed block diagram of the central control unit shown in FIG.

2A is a block diagram showing the structure of a risk assessment component for evaluating a company,

2B illustrates a portion of an insurance policy database structure.

2C is a diagram showing a part of the processed data database structure,

3 is a flowchart showing a preferred process for the user to purchase risk avoidance insurance of the investment company,

4 is a flowchart showing a process of calculating a premium and a premium;

FIG. 5 is a flowchart illustrating a process of inputting and updating a risk evaluation factor of a company to be evaluated by insurance evaluation members.

6 is a flowchart showing a process of paying a claim in a system according to the present invention,

7 is a flowchart exemplarily illustrating an authentication process using a symmetric key protocol in which a user and a central controller share a key,

8 illustrates a flow chart each illustrating an asymmetric key protocol in which user communication is encrypted with a private key and decrypted with a public key.

Preferred embodiments of the present invention will be described in detail below with reference to the accompanying drawings.

As shown in FIG. 1, the system according to the present invention includes a central control unit, a user interface 300, and a processing interface 400. Each element is preferably connected by a known computer or telephone line, such as the Internet (WWW) or local area network (LAN). The system may also be connected by a data transmission line, cellular, personal call system (PCS), microwave, satellite network, or any other suitable form of data transmission network. The insurance subscription condition 50, insurance condition selection data 60, processing data 70, and the like move through these connections.

FIG. 2 shows a detailed block diagram of the central control unit 200 shown in FIG. 1. The central control unit 200 preferably includes a central processing unit (CPU) 205, a cryptographic processor 210, a random access memory (RAM) 215, a read only memory (ROM) 220, a premium and an insurance premium calculation. Processor 230, operating system 240, network interface 245, and data storage 250. These elements are all connected to the CPU 205 to facilitate communication.

The central controller 200 operates as a main server that receives and transmits communication with the user interface 300 and the processing interface 400. The central control unit 200 is capable of high capacity processing and performs a number of important mathematical calculations and database searches in processing communications. The central control unit 200 may be a conventional personal computer and a computer workstation with sufficient memory and processing power. For example, Intel's PENTIUM The microprocessor can be used as the CPU 205. This processor may be an equivalent microprocessor produced by another company.

The cryptographic processor 210 supports the encoding and decoding of communications and the authentication of processing. For example, MC68HC16 manufactured by Motorola can be used as the cryptographic processor. One skilled in the art can easily substitute another commercially available cryptographic processor.

Operating system 240 includes a conventional operating system such as a DOS, WINDOWS, or OS2 operating system.

Insurance premium and insurance calculation processor 230 calculates the insurance premiums and insurance premiums, and calculates the payment of insurance premiums, etc. when the insurance conditions are satisfied. Exemplary services operable in the premium and benefit calculation processor 230 include online credit authentication, credit card payments, payments in the processing network, and payment sets.

The data storage device 250 may include a hard magnetic disk, an optical storage unit, a CD-ROM drive, or a flash memory. The data storage device 250 may include a user database 255, a risk evaluation factor database 260, an insurance condition database 265, a processing data database 270, a company-specific risk evaluation value database 275, and an insurance rate database 280. ), Premium and insurance calculation database 285, insurance payment database 290, encryption key database 295 and the like.

The user database 255 maintains data on the insured and includes a name, address, credit card number, telephone number, ID number, social security number, e-mail address, investment amount of the company, and the like. This information is obtained when the user first insures in the system.

As shown in FIG. 2A, the risk assessment factor database 260 stores and stores evaluation criteria for evaluation factors. Here, the evaluation factors of each company are divided into business, financial base, management base, etc., and the evaluation factors for achieving business performance include profit stability, sales stability, business prospects, facility investment, purchasing stability, etc. Underlying evaluation factors include borrowings, borrowing ability, shareholder support, fund management, financial management, etc.The management factors that form the basis of management include company type, management ability, business owner ability, management base, etc. Factors allow for hierarchical analysis in several stages, including other evaluation factors. In addition, the risk assessment database includes various management information about each company, including the ID number, name, telephone number, e-mail address, evaluator's education, age, status, etc. Contains data.

As shown in Fig. 2B, the insurance condition database 265 has data on insurance conditions 60 that can be selected by the user by each user, and includes user ID, credit card number, insurance number, premium Data such as insurance amount, insurance target company and investment amount.

As shown in Fig. 2C, the processing data database 270 stores all processing data relating to insurance. This database is represented by an insurance subscription number, and preferably includes data such as subscriber (ID) ID, insurance subscription number, premium, processing date, credit card number, and the like.

The company-specific risk assessment database 275 stores evaluation factors of each company inputted by an evaluator connected to the system. The database is organized hierarchically, and there are subfields for each large evaluation field, and the evaluation members input and store evaluation values of each company. This database may be updated by the judges at regular time intervals.

The insurance rate database 280 processes each evaluation value stored in the risk assessment database 275 by the premium and insurance calculation / payment processor 230 and the CPU 205 in the central control unit 200 to insure each company. Calculate the rate. The insurance rate calculated in this way is based on the investment amount for the individual company, if each user joins, premiums and premiums by the processor 230 and CPU 250, the insurance premium and the company is defaulted to the investment amount If it cannot be recovered, calculate the amount of insurance coverage that can be compensated. The data thus processed is stored in the premium and insurance calculation / payment database 285. The premium and insurance calculation database 285 stores the investment company, the user ID, the premium and the insurance amount, the insurance period, and the insurance conditions.

The insurance payment database 290 includes a database of insurance payments paid to the insured when each company fails, including data on the insured, premiums and rates paid before the payment, and evaluating factors of the lost company. All data prior to payment of the related insurance claim are stored.

Finally, encryption key database 295 includes algorithms and keys related to encryption, decryption, and authentication communication.

The network interface 245 provides a gateway through which the processing network and reviewers, registrars and subscribers of the system can communicate. A conventional internal or external modem and a dedicated line, a cable line, an ADSL line, etc. can function as a network interface. In a preferred embodiment, network interface 245 is connected to the Internet or a personal data network.

In another embodiment, the central control apparatus 200 may have a distributed structure. The database and processor can be embedded in separate devices and locations. The controller performs the main processing functions and includes at least RAM, ROM, and a general processor.

The user interface 300 may include an input device such as a keyboard, a mouse, and a conventional voice recognition software keyboard; Display device; A processing device such as a CPU; And conventional personal computers with network interfaces such as modems.

Such a configuration allows a user or the like to communicate with the central control apparatus 200 using various commercial online services such as various types of electronic communication services, AMERICANONLINE, PC communication, E-mail, and the like. If the central control unit 200 is configured as a web server, NAVIGATOR Or conventional communication software such as Explorer browser can also be used. The user can of course use the Navigator browser to send and receive data. The processing interface 400 transmits processing data from the user to the central control apparatus 200 for processing. The structure of the processing interface 400 depends on the processing type.

3 illustrates a preferred process for a user to purchase venture insurance. The insurance condition 50 represents a parameter of the venture insurance policy 60 and reflects the insurance requirement of the user. Initially, the user connects to the central control apparatus 200 via a communication network such as the Internet (step 300). The central control apparatus 200 processes the information provided through the steps 310 to 360 described below, for example the insurance condition 50. First, the user provides his or her name or ID number (step 310). The central controller 200 receives this ID number from the user or assigns the number to the user. The central control apparatus 200 stores a database of user ID numbers in the user database 255 and assigns a single number. For stability, cryptographic authentication described below will be implemented.

The user provides a credit card number in order to pay the premium set according to the insurance condition 60 (step 320). Payment may be made through other electronic payment means such as online payment connected to the bank. Then, the user inputs the investment company and the investment amount (step 330). In order to check the input data, the central control apparatus 200 searches the risk evaluation value database 275 and the user database 255 for each company, compares and checks the data, and informs the user of this. If the input data is correct, the contract conditions such as insurance premiums, selectable insurance periods, and indemnity insurance benefits according to the investment company and investment amount of the user are transmitted to the user. According to the transmitted data, the user selects an insurance period. If the input data is different from the database, the wrong part is transmitted so that the user can correct it (step 340). The central control apparatus 200 having received the user's input data processes it and transmits the authentication information to the user (step 350). When the authentication is confirmed by the user's selection, the insurance purchase process for the investment of the venture company is completed (step 360).

4 is a flowchart showing a process of calculating premiums and claims. First, the central control apparatus 200 stores the insurance conditions entered by the user together with the user ID number in the insurance conditions database 26 (step 400). The CPU 205 accesses an enterprise risk evaluation value database 275 based on the investment amount set in the insurance condition, the investment company, and the insurance period (step 410). The CPU 205 then retrieves the insurance rate of the investor from the insurance rate database 280 and processes it in the premium and insurance calculation / payment processor 230 (step 420). The processed result is transmitted to the operator through the processing interface 400 to confirm this (step 430). When the data confirmed by the operator is sent back to the user for confirmation, the calculated premiums and premiums are stored in the premiums and insurance calculation database 285 (step 440).

FIG. 5 is a flowchart illustrating a process of inputting and updating a risk assessment factor of a company to be evaluated by insurance evaluators. First, the operator enters information about each company in the risk assessment database 260 in the data storage device 250 via the processing interface 400 (step 500). Next, the central control apparatus 200 transmits the information on the evaluation company and the risk evaluation factor data to the selected evaluation member through the user interface 300 (step 510). Based on the information on the evaluation company, the evaluation member inputs evaluation factors of each company according to a predetermined criterion through the user interface 300 (step 520). The input data is stored in the enterprise-specific risk assessment database 275 in the data storage device 250 (step 530). In addition, the operator updates and stores the risk assessment factor database 260 through the processing interface 400 when each company information is changed. Meanwhile, the central control apparatus 200 periodically transmits the stored data of the updated risk assessment factor database 260 to the evaluator through the user interface 300. Based on the updated company information, the evaluator stores a new evaluation value of each company in the company-specific risk assessment database 275.

6 is a flowchart illustrating a process of paying a claim in the system of the present invention. If the investor enters a default state or liquidation procedure where the money cannot be recovered, the insurance subscriber requests the central control apparatus 200 to pay the insurance money through the user interface 300 (step 600). Upon receiving the payment request, the central control apparatus 200 checks the subscriber's ID number, insurance period, etc., processes the premium and insurance payment calculation / payment processor 230, and then processes the result to the operator through the processing interface 400. send. Checking the transmitted data, the operator instructs the central processing unit 200 to transmit the processing result to the user through the processing interface 400. Next, the central processing unit 200 transmits the result to the insured subscriber via the user interface 300 (step 610). If the insurance period is completed, the user is informed that the insurance cannot be paid (step 620). If within the insurance period, the central processing unit 200 confirms whether the investment company is in default or liquidated (step 630). If the investment company is not in default or liquidation proceedings, the reason is informed to the user (step 640). If the investment company is in bankruptcy or liquidation proceedings, it will pay insurance (step 650). If the insured pays to the insured, the payment method may be by a variety of existing electronic payment methods such as credit card, online remittance and telebanking, and the insured may apply directly to the operator at the processing number. Once a claim is paid, the operator stores the result in the claim payment database 290, via the processing interface 400. On the other hand, if the insurance coverage conditions are not satisfied, the central processing unit 200 transmits a description explaining that the insurance payment is impossible and the reason thereof to the insurance subscriber through the user interface 300.

Encryption authentication

The company insurance system according to the present invention provides additional safety measures to ensure the safety of data communication. One protocol is to authenticate the user, i.e. compare the ID numbering name with the stored user database 255. In addition, encryption protocols can be added to the authentication process. These protocols increase the ability to authenticate the sender of a message and to verify the authenticity of the communication. Encryption can prevent the contents of communication from being leaked by hackers or the like. These techniques are commonly referred to as encryption guarantee methods and include the use of symmetric and asymmetric keys, digital signatures and random numbers.

The practice of using an encryption protocol for verifying the sender's authentication and the authority of the communication is apparent to those skilled in the art and will be omitted here. For reference, known cryptographic protocols such as those described in Bruce Schneier, Applied Cryptography Protocols, Algorithms, and Source Code in C (2nd ed. 1996) can be used in the present invention.

7 is a flowchart exemplarily illustrating an authentication process using a symmetric key protocol in which a user and the central control apparatus 200 share a key. This is done by encrypting and decrypting user communications with the same key. This encryption can be implemented with various algorithms such as DES (American standard specified in FIPS PUB 46) or IDEA, Blowfish, RC4, RC2, and SAFER.

The user encrypts the communication with the assigned symmetric key, using the encryption processor 210 of the user interface 300 (step 700). The user communication is sent to the cryptographic processor 210 of the central control device 200 (step 710). Encryption processor 210 extracts the symmetric key from the user communication (step 720), retrieves the user's symmetric key from encryption key database 295 (step 730), and decrypts the user communication with this key (step 740). . Encryption key database 295 includes algorithms and keys that encrypt, decrypt, and / or authenticate communications. If the resulting communication is recognized, it is determined to be encrypted by the same key, and the user is authenticated as the author of the message (step 750).

This process makes it difficult for unauthorized users to mark them as legitimate users. Without encryption, an unauthorized user who has obtained a sample communication from a legitimate user can infer the user ID and attach this ID number to the unauthorized communication.

The user communication is encrypted with a symmetric key, but the unauthorized user obtaining sample user communication only finds the user ID number, not the symmetric key. Without this key, unauthorized users cannot process through the central control unit 200.

8 is an exemplary flow diagram illustrating an asymmetric key protocol in which user communication is encrypted with a private key and decrypted with a public key. Two algorithms for asymmetric key protocols are RSA and DSA. The user encrypts the communication with the private key using the user interface 300 (step 800) and transmits the communication to the central control apparatus 200 (step 910). The cryptographic processor 210 extracts the user ID (step 820), finds the commercial key associated with the merchant in the encryption key database 295 (step 830), and decrypts the communication with the public key (step 840). As before, if communication is recognizable, central control device 200 authenticates the user (step 850). Again, the unauthorized user who obtains communication before the reception by the central control apparatus 200 cannot change whether to detect or not detect because the intruder does not know the user's private key. However, unauthorized users can read the message if they obtain the user's public key. If the user encrypts the communication with a public key, the communication secret is protected by asking whether the attacker knows the user's private key to view the communication.

Claims (13)

In the system for insurance purchase and occurrence to avoid the risk of investment of a company, Interface for receiving data such as user ID number, insurance condition, insurance period and investment company, transmitting data such as insurance condition, processing result, certification status, and receiving or transmitting data about evaluator and evaluation company ; A database for storing insurance policy, user ID, insurance rate database, etc .; A central control unit (CPU) for receiving and communicating with the interface, performing mathematical calculations, searching a database, and performing storage commands; A premium and premium calculation processor for processing premium data and calculating premiums and premiums; And an operating system for operating said system. And a cryptographic processor for encoding, decoding and processing authentication of the communication. The method according to claim 1 or 2, The database may include data on users, risk assessment factor data, insurance policy data, processing data, risk assessment data, insurance rate data, insurance premiums and insurance calculation data for each company. Generation system. The method according to any one of claims 1 to 3, The insurance policy is a corporate insurance subscription and generation system, characterized in that it includes data on the conditions of insurance, user ID, credit card number, insurance number, premiums, insurance and investment target companies and investment amount. The method according to claim 1 or 2, And a means for confirming whether the investment company is in default or liquidated. The method according to claim 1 or 2, And a means for confirming whether or not the insurance period of the insured person has expired. Receiving evaluation factors from each evaluator through the user interface for the corporate insurance policy; Storing each corporate valuation element data in the database together with the ID of each valuation member; Evaluating the risk of each company by means including a risk assessment model function of the company-specific risk assessment data; Calculating insurance rates by insurance and premium calculating processor and central processing unit based on the risk of each enterprise; And A method of generating an insurance policy for enterprise risk avoidance on a computer network, comprising calculating a premium and a premium according to each insurance rate. Connecting a user to a central control device via a communication network; Verifying the identity of the user or receiving a user ID; Inputting data on a means for paying a premium, an investment company and an investment amount; Checking, by the input data, whether the company is a company to be insured and the amount of investment of the user by the central control apparatus or an operator to inform the user of the possibility of insurance; If insurance is available, receiving insurance conditions such as insurance premiums, selectable insurance periods, and insurance money according to the investment company and investment amount of the user from the database and transmitting them to the user; Receiving the data of the insurance condition input by the user, allowing the central processing unit to check and correct the wrong information, and transmitting authentication information to the user if correct; And A method of subscribing to an insurance policy for an investment enterprise in a computer network, comprising the step of confirming the authentication by the user and transmitting the data to the central processing unit to complete the insurance. The method of claim 7, wherein Calculating the insurance rate Storing the insurance terms entered by the user together with the user ID number in the insurance terms database; Accessing, by the central processing unit, a risk assessment value database for each company based on the investment amount, the investment company, and the insurance period set in the insurance condition; The central processing unit retrieves the insurance rate of the investment company from the insurance rate database, and processes the insurance rate and insurance claim calculation processor; Confirming this by transmitting the processed result to an operator through a processing interface; And And storing the calculated premiums and premiums in the premiums and claims calculation database when the data confirmed by the operator is sent back to the user for confirmation. The method according to claim 7 or 9, The evaluating member stores the evaluation factor data of each company in a database. Inputting, by the operator, information about each enterprise into a risk assessment factor database through a processing interface; The central control unit transmits the information on the evaluation company and the risk assessment factor data to the selected evaluator through the user interface; Inputting, by the evaluator, evaluation factors of each company according to a predetermined criterion through a user interface based on the information about the evaluation company; And And the input data is stored in an enterprise-specific risk assessment database. The method according to claim 7 or 10, Wherein the risk assessment database for each enterprise is updated by a selected evaluator. The method according to claim 7 or 9, When the investor enters a bankruptcy state or liquidation procedure where funds cannot be recovered, the insurance subscriber requests payment of the insurance premium from the central control unit through a user interface; Upon receiving the request for payment, the central control unit checks the subscriber's ID number, insurance period, etc., and processes it in the premium and insurance calculation / payment processor, and then transmits the result to the operator through the processing interface. The operator instructing the central processing unit to send the processing result to the user via the processing interface; The central processing unit 200 transmits the result to the insured subscriber through the user interface 300; When the insurance period is completed, the user is notified that the insurance can not be paid, and if within the insurance period, the central processing unit 200 checks whether the investment company is in default or liquidated; And If the investment company is not in default or liquidation proceedings, inform the user of the reason, and if the investment company is in default or liquidation proceedings, generate an insurance policy for corporate risk avoidance on the computer network, further comprising paying a claim. How to let. The method according to claim 7, claim 9, 11 or 12, And said data transfer is by cryptographic authentication.