Eric Riley

Title: The Innovative Mind of Eric Riley

Introduction

Eric Riley is an accomplished inventor based in Heyworth, Illinois. He has made significant contributions to the field of insurance technology through his innovative patent. His work focuses on utilizing mobile devices to enhance the accuracy of vehicle insurance premiums.

Latest Patents

Eric Riley holds a patent for "Systems and methods using a mobile device to collect data for insurance premiums." This invention outlines a system and method for determining vehicle insurance premiums based on collected vehicle operation data. The system includes a mobile device equipped with sensors to automatically gather data during a collection session. It also features a processor, a non-transitory storage medium, a display, a transmitter, and computer-readable instructions that facilitate data collection and transmission. Additionally, a remote processing computer receives and stores the collected data, utilizing a rating engine to determine insurance premiums based on this information.

Career Highlights

Eric Riley is currently employed at State Farm Mutual Automobile Insurance Company, where he applies his expertise in insurance technology. His innovative approach has positioned him as a valuable asset within the company, contributing to advancements in how insurance premiums are calculated.

Collaborations

Throughout his career, Eric has collaborated with notable colleagues, including Benjamin F. Bowne and Jufeng James Peng. These partnerships have fostered a creative environment that encourages the development of groundbreaking solutions in the insurance sector.

Conclusion

Eric Riley's contributions to the field of insurance technology through his innovative patent demonstrate his commitment to improving the industry. His work exemplifies the impact of combining technology with traditional practices to create more efficient systems.