Edwin Clifford Barron, Jr

Title: Edwin Clifford Barron, Jr: Innovator in Life Insurance Technology

Introduction

Edwin Clifford Barron, Jr. is a notable inventor based in Suffield, CT (US). He has made significant contributions to the field of life insurance technology, holding a total of 3 patents. His work focuses on systems and methods that enhance the processing of data related to life insurance policies.

Latest Patents

One of his latest patents is titled "System and method for processing data related to last survivor life insurance policies." This invention involves a computer system designed to process data concerning last survivor policies on two or more insured individuals, along with associated single life policies. The system is capable of generating illustrations, processing applications, underwriting applications, and producing policy documents, all while utilizing common data for both the last survivor policy and the associated single life policies. Additionally, it includes ancillary benefits based on medical conditions, longevity, and disability of the insured.

Another significant patent is "System and method for processing data related to death benefit amounts for life insurance policies." This invention features a computer system that processes data related to life insurance policies issued by insurance companies. It includes a data storage device that holds information about the policy, such as face amounts, benefit accounts, investment accounts, and death benefit factors. The processor determines the death benefit amount by comparing values derived from the face amount and investment account against the benefit account value and death benefit factor.

Career Highlights

Throughout his career, Edwin has worked with prominent companies in the insurance sector, including The Prudential Insurance Company of America and Hartford Fire Insurance Company. His experience in these organizations has contributed to his expertise in life insurance technology.

Collaborations

Edwin has collaborated with notable professionals in the field, including Thomas P. Kalmbach and Michael J. Roscoe. Their joint efforts have likely enhanced the development and implementation of innovative solutions in life insurance.

Conclusion

Edwin Clifford Barron, Jr. stands out as an influential inventor in the life insurance technology sector. His patents reflect a commitment to improving the efficiency and effectiveness of life insurance processing systems. His contributions continue to shape the industry and provide valuable advancements in insurance technology.