Company Filing History:
Years Active: 2023-2025
Title: Innovations by Brandon A Banks
Introduction
Brandon A Banks is an accomplished inventor based in West Hartford, CT. He has made significant contributions to the field of risk assessment through his innovative patents. With a total of 2 patents, Banks has developed systems that enhance the understanding of risk relationships between enterprises and their providers.
Latest Patents
One of his latest patents is focused on usage estimation systems and methods for risk association adjustments. This invention involves a risk relationship data store that contains electronic records representing the relationship between an enterprise and a risk relationship provider, such as an insurer. Each record includes an identifier and a set of estimated usage attribute values. A back-end application server receives current usage information from various sources, such as financial and utility data. Based on this information, the server infers the actual current usage for the enterprise. It then compares this with the predicted usage attribute value to determine a risk difference result, allowing for adjustments to the risk relationship parameters.
Career Highlights
Brandon A Banks is currently employed at Hartford Fire Insurance Company, where he applies his expertise in risk assessment and management. His work focuses on developing innovative solutions that improve the accuracy of risk evaluations.
Collaborations
He collaborates with Kenneth J Zygiel, leveraging their combined knowledge to advance their projects and enhance the effectiveness of their innovations.
Conclusion
Brandon A Banks is a notable inventor whose work in risk assessment has led to valuable innovations. His contributions continue to shape the industry and improve the understanding of risk relationships.