Summary
Punched cards containing all primary data of a life insurance proposal represent the starting point for all mechanical processes in dealing with proposals in the life insurance business using a punched card controlled computer. On the basis of these cards the computer, connected with a printing mechanism, carries out all the operations such as computing, writing, and punching necessary to set up documents, records, and punched cards. This method has regard for the need to dispatch the insurance policy as quickly as possible.
The processes are illustrated by an organization diagram, showing sets of documents or punched cards represented by symbols. A special calculus for these symbols makes it possible to keep the construction of the diagram clear and to carry out simple checks.
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Herweg, W. Die Antragsbearbeitung in der Lebensversicherung bei Einsatz eines Lochkarten-Computers. Blätter DGVFM 4, 285–300 (1960). https://doi.org/10.1007/BF02808955
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DOI: https://doi.org/10.1007/BF02808955