Chicago - InsuranceNoodle Inc. has received U.S. Patent Office notification that the patent application claims relating to innovations for its "Methods and Apparatus for Selecting an Insurance Carrier for an Online Insurance Policy Purchase" have been allowed for issuance within the next few months."We are extremely excited the Patent Office has made this decision after four years of extensive application review," says InsuranceNoodle CEO Kathryn Emmerson. "This approval--as well as the fact that more than 2,500 agencies across the country are active NoodleNetwork partners--supports and validates our proprietary, Web-based technology platform and its capability to provide fast, efficient online quoting from multiple carriers for a variety of commercial products."
"We recognized early on that what we were building was significant and innovative in the industry," says Bob Eisenhart, InsuranceNoodle's chief information officer. "Applying for a patent was an extension of the importance we placed on documenting our system both to support further development work and any outside due diligence."
InsuranceNoodle is a Web-based wholesaler of commercial property and casualty insurance products including business owners' policy (BOP), directors' and officers' liability, commercial auto, umbrella liability, workers' compensation, employment practices liability (EPLI), professional liability and surety bonds.
Source: InsuranceNoodle Inc.
