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BOLT Solutions Granted Patent for Swapping Info between Disparate Systems

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BOLT Solutions Granted Patent for Swapping Info between Disparate Systems

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January 17, 2014
By Jyothi Shanbhag
TMCnet Contributor

United States Patent and Trademark Office has recently issued patent No. 8,584,139 to BOLT Solutions, Inc., for its technology pertaining to the apparatus and methods that helps brining harmony between different computer systems and to methods of data export and import between incompatible systems.


The company’s newly patented technology claims to resolve the main issue of connecting and exchanging information among disparate systems.

Most of the time, industries including insurance industry, need different parties to transfer information to one another, using disparate IT systems which does not include a usable interface or connectivity.  In such cases, the businesses face discordancy between business rules, even when both parties support an agreed to data-transfer protocol.  In this course of event, data is manually re-keyed, reformulated, revalidated, or manipulated in order to be processed by incompatible systems.

This is when the Bolt Solutions patented technology comes in handy. It provides the leading online marketplace for P&C Insurance. The patented technology also reconciles mismatches between the insurance industry data standard and a carrier’s internal processes and systems.

Ari Katz, President and Chief Architect of Bolt, said: “We are happy to add one more patent to our portfolio that demonstrates our commitment to our clients and to innovation in the distribution of insurance, particularly in the online space. As a technology company with a large research and development arm, patents like these help us to maintain our leadership position in the online insurance marketplace.”

Headquartered in New York and founded in 2000, Bolt Solutions Inc. (formerly SeaPass Solutions, Inc.) offers online sales and client service platform for anyone who wants to sell or buy insurance online. The company introduced Bolt Platform that allows insurance agents, brokers, wholesalers, and carriers to serve all of the insurance needs of their customers, while driving market share, retention and increasing revenue per customer.

The company claims that the BOLT Platform enables a multi-carrier shopping experience that allows members of the distribution channel or end customer to choose a solution via a side-by-side quote, but also purchase and service the insurance on one platform.




Edited by Peter Bernstein

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