This inventor holds 2 USPTO granted patents and 1 published patent application. Top assignee: State Farm Mutual Automobile Insurance Company. Active years: 2023-2024.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
Company Filing History:
Years Active: 2023-2024
Title: Innovations by Himanshu Chhita
Introduction
Himanshu Chhita is an accomplished inventor based in Lawrenceville, GA (US). He has made significant contributions to the field of automobile insurance through his innovative methods and systems. With a total of two patents to his name, Chhita is recognized for his expertise in identifying and settling total loss claims.
Latest Patents
Chhita's latest patents focus on a method and system for early identification and settlement of total loss claims. This method involves retrieving a plurality of historical vehicle records, labeling them as repaired or total loss, and calculating mean cost values. The process includes training a regression model, optimizing a probability threshold, and analyzing various inputs to generate a prediction. The computing system designed by Chhita comprises a transceiver, a processor, and memory that stores instructions. When executed, these instructions enable the system to receive answers, transmit them, and generate repair suggestions or settlement offers based on the prediction.
Career Highlights
Himanshu Chhita is currently employed at State Farm Mutual Automobile Insurance Company, where he applies his innovative ideas to improve the efficiency of insurance claims processing. His work has been instrumental in enhancing the accuracy and speed of total loss claim settlements.
Collaborations
Chhita collaborates with talented coworkers, including Carlee A Clymer and Gary Foreman, who contribute to the development and implementation of innovative solutions within the company.
Conclusion
Himanshu Chhita's contributions to the field of automobile insurance through his patents demonstrate his commitment to innovation and efficiency. His work continues to impact the industry positively, making the claims process more effective for both insurers and policyholders.
Data source: USPTO (United States Patent and Trademark Office) public patent records. Weekly synchronization. How IDiyas builds this profile
