[54] SYSTEM AND METHOD OF RISK
TRANSFER AND RISK DIVERSIFICATION
INCLUDING MEANS TO ASSURE WITH
ASSURANCE OF TIMELY PAYMENT AND
SEGREGATION OF THE INTERESTS OF
CAPITAL
[76] Inventors: Douglas L. King, 6604 Covehollow
Rd., Oklahoma City. Okla. 73123;
Alasdair G. Barclay, The Boathouse, 6
Shaw Wood Rd, Pembroke, Bermuda,
HM01; Rockie C. Wellman. 727
Cedardale, Oklahoma City, Okla. 73127
[21] Appl. No.: 370,060
[22] Filed: Jan. 9, 1995
[51] Int. CL6 G06F 17/00
[52] U.S. CI 395/235; 395/238
[58] Field of Search 364/400, 401,
364/402, 408; 340/825.26, 825.07; 395/201, 235, 236. 237. 238, 239, 240, 242, 243,
244
[56] References Cited
U.S. PATENT DOCUMENTS
3,634,669 1/1972 Soumas et si. .
4,232,367 11/1980 Youden et al. .
4,633,397 12/1986 Macco .
4,642,767 2/1987 Lemer.
4,648,038 3/1987 Roberts et al. .
4,706,539 11/1987 Bagheri .
4,742,457 5/1988 Leon et al. .
4,752,877 6/1988 Roberts et al. .
4,766,539 8/1988 Fox .
4,839,804 6/1989 Roberts et al. .
Primary Examiner—James P. Trammell
Attorney, Agent, or Firm—William Squire
[57] ABSTRACT
A system and method of accepting risk through contractual obligations transfers a portion of the risk to investors and includes means for absolute assurance of timely payment to contract holders, and segregation, of the interests of particular investors to specifically identified risks in a risk to capital matching system. The system creates separate ledgers and segregated reserves to tailor particular products for specific needs including transferring difficult to place risks. The system creates agreements which promise payments, based on loss from risks including investment risks. Data processing provides legally segregated relationship management links, supervising and balancing the interests of professionals in a risk transfer and diversification system.
74 Claims, 6 Drawing Sheets
