Company Filing History:
Years Active: 2011-2014
Title: The Innovations of Craig Sabal
Introduction
Craig Sabal is an accomplished inventor based in New York, NY (US). He has made significant contributions to the fields of financial technology and insurance through his innovative patents. With a total of 2 patents, Sabal has developed methods and systems that enhance risk management and provide valuable solutions for the insurance industry.
Latest Patents
Sabal's latest patents include "Methods and systems for providing GMWB hedging and GMDB reinsurance." This invention involves computer processors that identify a block of idealized policies and calculate associated risks based on specified actuarial assumptions. The system is designed to provide customized options for guaranteed minimum withdrawal benefits and guaranteed minimum death benefits, effectively replicating a current policy mix of an insurance company.
Another notable patent is "Methods and systems for variable annuity risk management." This invention outlines systems and methods for hedging against the loss of value of variable annuity policies during the transaction period. It includes a purchase price adjustment grid that accounts for changes in market parameters, ensuring fair pricing between signing and closing dates.
Career Highlights
Craig Sabal is currently employed at Barclays Capital Inc., where he applies his expertise in financial technology to develop innovative solutions. His work has had a significant impact on the insurance and financial sectors, showcasing his ability to merge technology with practical applications.
Collaborations
Sabal has collaborated with talented professionals such as Dmitry Noraev and Stephen Roti. These partnerships have allowed him to enhance his inventions and contribute to the advancement of financial technology.
Conclusion
Craig Sabal's innovative patents and contributions to the financial technology sector demonstrate his commitment to improving risk management in the insurance industry. His work continues to influence the field, making him a notable figure among inventors in this domain.