Company Filing History:
Years Active: 2008-2014
Title: Innovations by Chun-Chen Pai
Introduction
Chun-Chen Pai is an accomplished inventor based in Vernon, CT (US). He has made significant contributions to the field of insurance through his innovative methods and systems. With a total of two patents to his name, Pai has demonstrated a commitment to enhancing the efficiency and effectiveness of insurance processes.
Latest Patents
Chun-Chen Pai's latest patents focus on methods for identifying subrogation potential and valuing subrogation files. The first patent outlines a method for identifying select insurance records that possess favorable subrogation potential. This method includes receiving data indicative of a plurality of claims, automatically calculating a base score to identify claims with a given probability of expected subrogation recovery, and scoring each claim based on identified risk factors. The second patent reiterates this innovative approach, emphasizing the importance of data-driven decision-making in the insurance industry.
Career Highlights
Chun-Chen Pai is currently employed at Hartford Fire Insurance Company, where he applies his expertise in developing innovative solutions for the insurance sector. His work has contributed to the advancement of methodologies that improve the identification and valuation of subrogation opportunities.
Collaborations
Throughout his career, Chun-Chen Pai has collaborated with notable colleagues, including Marcia Rojewski and Don Pierce. These partnerships have fostered a collaborative environment that encourages the exchange of ideas and the development of cutting-edge solutions.
Conclusion
Chun-Chen Pai's contributions to the field of insurance through his innovative patents highlight his dedication to improving industry practices. His work continues to influence the way insurance records are analyzed and valued, paving the way for more efficient processes in the future.