Company Filing History:
Years Active: 2014
Title: The Innovative Mind of Doug McBeth
Introduction
Doug McBeth is a notable inventor based in Guttenberg, NY (US). He has made significant contributions to the field of financial technology through his innovative patent. His work primarily focuses on methods and systems for providing guaranteed minimum withdrawal benefits (GMWB) hedging and guaranteed minimum death benefits (GMDB) reinsurance.
Latest Patents
Doug McBeth holds a patent for "Methods and systems for providing GMWB hedging and GMDB reinsurance." This invention involves computer processors that identify a block of idealized policies and calculate the associated risks based on specified actuarial assumptions. Additionally, it provides customized options designed to pay guaranteed minimum withdrawal benefits and reinsurance contracts for guaranteed minimum death benefits on the block of idealized policies. The design aims to replicate the current policy mix of an insurance company, showcasing McBeth's innovative approach to risk management in the insurance sector. He has 1 patent to his name.
Career Highlights
Doug McBeth is currently employed at Barclays Capital Inc., where he applies his expertise in financial technology. His role involves leveraging his innovative ideas to enhance the company's offerings in the insurance and financial markets.
Collaborations
Some of Doug's coworkers include Alex Cowley and Craig Sabal, who contribute to the collaborative environment that fosters innovation at Barclays Capital Inc.
Conclusion
Doug McBeth exemplifies the spirit of innovation in the financial technology sector. His patent reflects a deep understanding of risk management and insurance, making him a valuable asset in his field.