Company Filing History:
Years Active: 2006-2010
Title: The Innovations of Bruce C. Long: A Pioneering Inventor in Variable Annuity Administration
Introduction: Bruce C. Long, based in Newport, RI, has made significant contributions to the field of variable annuity contract administration. With two patents to his name, he has played an essential role in developing systems that enhance the management of annuity contracts.
Latest Patents: Bruce C. Long's most notable patents focus on a "System for and method of variable annuity contract administration." This innovative system includes a bonus investment credit percentage and withdrawal charge percentages that are strategically structured to optimize functionalities in all contract years. Crucially, it ensures level asset-based compensation to distributors. The patented system also utilizes memory means for data storage, which is pivotal for administering variable annuity contracts effectively from issuance to payout.
Career Highlights: Bruce C. Long has established his professional footprint while working for The Guardian Life Insurance Company of America. His focus on variable annuities reflects his expertise in financial products, making him an essential asset to the company. His work has not only enhanced operational efficiency but has also contributed significantly to customer satisfaction within the annuity sector.
Collaborations: Throughout his career, Bruce has collaborated with esteemed colleagues, including Charles G. Fisher and Donald P. Sullivan, Jr. These collaborations have further enriched the innovative processes within the insurance industry, allowing for the sharing of ideas and the development of cutting-edge solutions.
Conclusion: Bruce C. Long exemplifies innovation in the field of variable annuity contract administration. His patents demonstrate a commitment to enhancing the management of financial products, and his collaborations with industry peers underscore his role as a leading inventor. As the landscape of financial services continues to evolve, Bruce’s work remains pivotal in shaping future innovations.