Company Filing History:
Years Active: 2013-2014
Title: Innovations in Insurance Technology by Kimberly Ann Rasmussen
Introduction
Kimberly Ann Rasmussen is a notable inventor based in Mound, MN (US). She has made significant contributions to the field of insurance technology, holding 2 patents that enhance the efficiency of life insurance processing and administration.
Latest Patents
Rasmussen's latest patents include a "System and method for application processing and policy administration for insurance policies issued before comprehensive underwriting." This innovative computer system is designed to administer applications for life insurance by utilizing a processor and a memory storage device. The system is configured to receive data indicative of application data and the health of a proposed insured. Based on this data, it determines eligibility and generates an output signal to initiate policy generation and comprehensive underwriting. Additionally, upon completion of underwriting, the system can determine further policy documents and calculate commissions and reinsurance premiums.
Another significant patent is the "System and method for administering insurance policies issued before comprehensive underwriting." This system also employs a processor and memory storage to manage applications for life insurance. It assesses whether a proposed insured is eligible for life insurance before completing comprehensive underwriting. If eligible, the system generates an output signal to issue a policy and commence the underwriting process. It can also provide updates based on the results of the underwriting process.
Career Highlights
Kimberly Ann Rasmussen is currently associated with The Prudential Insurance Company of America, where she applies her expertise in insurance technology. Her work focuses on improving the processes involved in life insurance applications and policy administration.
Collaborations
Rasmussen collaborates with talented professionals in her field, including Leslie Ann Reynolds and Michael J Roscoe. Their combined efforts contribute to the advancement of insurance technology and the development of innovative solutions.
Conclusion
Kimberly Ann Rasmussen's contributions to insurance technology through her patents demonstrate her commitment to improving the efficiency of life insurance processes. Her work continues to influence the industry positively.