Company Filing History:
Years Active: 2012-2014
Title: Innovations by Dominic A. Tocci in Commercial Insurance
Introduction
Dominic A. Tocci, an innovative inventor based in Oak Park, Illinois, has made significant strides in the field of commercial insurance through his work at Deloitte Development LLC. With two patents to his name, Tocci has demonstrated a keen ability to harness data and technology to enhance insurance profitability.
Latest Patents
Dominic's latest patents revolve around a groundbreaking commercial insurance scoring system and method. This quantitative system utilizes data sources external to an insurance company to create a statistical model capable of predicting commercial insurance profitability. The predictive nature of this model allows for the assessment of individual commercial insurance policyholder profitability on a prospective basis, independent of the internal data and business practices of any particular insurance company. Through this innovation, Tocci aims to improve the accuracy and consistency of profitability predictions, paving the way for more informed decision-making in the insurance sector.
Career Highlights
At Deloitte Development LLC, Tocci has leveraged his expertise in data analytics and statistical modeling to make a profound impact on commercial insurance practices. His work not only reflects his technical skills but also his commitment to enhancing the industry's understanding of profitability dynamics.
Collaborations
In his professional journey, Tocci collaborates with esteemed colleagues such as Frank M. Zizzamia and Cheng-Sheng Peter Wu. Together, they are pushing the boundaries of insurance analytics and contributing to thought leadership in the space.
Conclusion
Dominic A. Tocci is a notable inventor whose contributions to commercial insurance are helping reshape the industry. His innovative approach and patented systems stand as a testament to the potential of leveraging data in forecasting and improving business outcomes. As he continues to develop his ideas and technologies, Tocci is undoubtedly a key figure to watch in the evolving landscape of insurance solutions.