Joann C Yant

Title: Joann C Yant: Innovator in Parametric Analytics

Introduction

Joann C Yant is a notable inventor based in Bloomington, IL (US). She has made significant contributions to the field of parametric analytics, particularly through her innovative patent. With a focus on utilizing machine learning algorithms, her work aims to enhance the analysis of parametric events.

Latest Patents

Joann holds a patent for a "Parametric engine to implement methods using parametric analytics." This patent describes systems and methods for performing analysis of parametric events. The method includes several steps: receiving weather data from a weather oracle network, calculating the likelihood of a trigger activation for a parametric event using a trained machine learning algorithm, estimating potential loss for the user based on this likelihood, determining initial coverage, and deciding whether to offer updated coverage based on a comparison of initial coverage and estimated loss.

Career Highlights

Joann is currently employed at State Farm Mutual Automobile Insurance Company, where she applies her expertise in analytics and machine learning. Her innovative approach has positioned her as a key player in the development of advanced analytical methods within the insurance industry.

Collaborations

Joann has collaborated with notable colleagues, including Ryan Michael Gross and M Eric Riley, Sr. These partnerships have further enriched her work and contributed to the advancement of parametric analytics.

Conclusion

Joann C Yant's contributions to parametric analytics through her patent and work at State Farm Mutual Automobile Insurance Company highlight her role as an influential inventor in the field. Her innovative methods are paving the way for more effective analysis and coverage solutions in the insurance industry.