This inventor holds 2 USPTO granted patents and 1 published patent application. Top assignee: State Farm Mutual Automobile Insurance Company. Active years: 2014-2022.
Location History:
- Fort Lauderdale, FL (US) (2014)
- Bloomington, IL (US) (2022)
Company Filing History:
1 out of 2,583 
Years Active: 2014-2022
Title: Innovations by Jeffrey A Newman
Introduction
Jeffrey A Newman is an accomplished inventor based in Bloomington, IL (US). He has made significant contributions to the field of insurance technology, holding a total of 2 patents. His work focuses on improving the efficiency and effectiveness of disability insurance processes.
Latest Patents
One of his latest patents is titled "System and method for real-time screening of a disability insurance applicant." This innovative system allows for the automatic screening of applicants for disability insurance in real-time. If the results are favorable, the system can automatically communicate acceptances and issue policies via wireless communication. The process includes calculating the applicant's Body Mass Index (BMI) and rejecting those whose BMI is deemed too high or low. Additionally, the applicant's prescription drug history is reviewed, and those with a history of using drugs associated with serious medical conditions are also rejected. The acceptance or rejection, along with a premium for the insurance product, is determined based on the real-time screening results and communicated to the applicant. The system also confirms the applicant's occupation class and may obtain a motor vehicle report and an insurance information report. If an applicant is rejected, they may still apply for the insurance product using an alternate non-real-time process.
Another notable invention is the "Vehicle mounted novelty item," which showcases his creativity and innovation in product design.
Career Highlights
Jeffrey A Newman is currently employed at State Farm Mutual Automobile Insurance Company, where he continues to develop and refine insurance-related technologies. His work has had a significant impact on the industry, enhancing the way insurance applications are processed.
Collaborations
Throughout his career, Jeffrey has collaborated with talented individuals such as John David Diffor and David A Theile. These partnerships have contributed to the successful development of his innovative ideas.
Conclusion
Jeffrey A Newman is a notable inventor whose work in insurance technology has led to significant advancements in the field. His patents reflect a commitment to improving the efficiency of disability insurance processes, making a lasting impact on the industry.