Company Filing History:
Years Active: 1999-2014
Title: David D Schuver: Innovator in Financial Security Solutions
Introduction
David D Schuver is a notable inventor based in St. Louis, MO (US), recognized for his contributions to financial security solutions. He holds a total of 4 patents, showcasing his innovative approach to insurance and annuity systems. His work primarily focuses on providing guarantees and determining premiums for securities, which are crucial in the financial industry.
Latest Patents
Among his latest patents, Schuver has developed a "System and method for providing a guarantee within a deferred annuity for insuring a security." This invention outlines a computer system designed to manage information related to a security that requires insurance. The system prepares a guarantee within the deferred annuity based on the entered information, ensuring that the security is held in a separate account from the annuity's account value.
Another significant patent is the "System and method for determining a premium for insurance for a security." This method involves calculating an insurance risk premium based on the security to be insured, along with determining an expense and profit load. The system combines these elements to establish a total gross premium, streamlining the insurance process for securities.
Career Highlights
David D Schuver is currently associated with Sbh, Inc., where he continues to innovate in the field of financial security. His expertise in developing systems that enhance the insurance process has made a significant impact on the industry.
Collaborations
Throughout his career, Schuver has collaborated with notable colleagues, including Steven S Schuver and Thomas L Bakos. These partnerships have contributed to the advancement of his innovative projects and patents.
Conclusion
David D Schuver's work exemplifies the intersection of technology and finance, particularly in the realm of insurance for securities. His patents reflect a commitment to enhancing financial security solutions, making him a valuable contributor to the field.