This inventor holds 3 USPTO granted patents and 1 published patent application. Top assignee: Hartford Fire Insurance Compnay. Active years: 2012-2013.
Company Filing History:
Years Active: 2012-2013
Title: Katherine Read: Innovator in Insurance Technology
Introduction
Katherine Read is a notable inventor based in Avon, CT, known for her contributions to the field of insurance technology. With an impressive portfolio of three patents, Katherine has developed innovative solutions that enhance the way data related to insurance coverage is processed. Her work has significant implications for the efficiency and effectiveness of insurance claims.
Latest Patents
Katherine's latest patents include groundbreaking systems aimed at optimizing the processing of data associated with insurance coverage for multiple risks. One patent outlines a system and method that allows for efficient data storage and management, enabling a processor to determine eligibility for benefits based on received claims. This system organizes data regarding insured individuals, maximum benefit amounts, and various categories of risks, ensuring precise benefit allocation according to predefined fractions of the maximum.
Another pivotal patent focuses on the processing of data related to insurance coverage for a plurality of risks. This system similarly utilizes a data storage device and a responsive processor to manage claims. By structuring the aggregate benefit amount and corresponding categories of health risks, Katherine's invention guarantees that benefit allocations are both fair and systematic, advancing the field of insurance technology.
Career Highlights
Katherine works at Hartford Fire Insurance Company, where her innovative mindset drives advancements in insurance processes. Her ingenuity has been instrumental in creating systems that not only streamline operations but also provide clarity and assurance to insured individuals navigating claims.
Collaborations
Throughout her career, Katherine has collaborated with esteemed coworkers like Edward Jaworski and Steve McConnell. Together, they contribute to a culture of innovation, sharing insights and expertise that further fuel Katherine’s inventive pursuits.
Conclusion
Katherine Read is a forward-thinking inventor whose work in insurance technology demonstrates the powerful intersection of innovation and tradition. With her three patents, she continues to influence the industry, making strides toward more efficient risk management and claims processing. Her commitment to enhancing the insurance sector has established her as a significant figure in the world of inventions.