Company Filing History:
Years Active: 2020-2021
Title: Innovations by Lawrence Vranka
Introduction
Lawrence Vranka is an accomplished inventor based in New York, NY. He has made significant contributions to the field of insurance technology, holding two patents that enhance the identification and distribution of matured policy proceeds. His work aims to streamline processes for beneficiaries and improve customer service in the insurance industry.
Latest Patents
Lawrence Vranka's latest patents include a system and method for identifying and distributing matured policy proceeds. This innovative approach facilitates the identification of beneficiaries of matured insurance policies. The disclosed systems leverage various websites, including social media platforms, allowing customers, family members, and other beneficiaries to search for and receive information about unclaimed matured policy proceeds. Additionally, users can access information related to in-force policies. In cases where the insured is living, the systems can update address and social security number records, enabling more effective policy administration and customer service. Furthermore, the systems may automate the distribution of matured policy proceeds to the identified beneficiaries.
Career Highlights
Lawrence Vranka is currently employed at Metropolitan Life Insurance Company, where he applies his expertise in insurance technology. His innovative solutions have the potential to transform how insurance companies manage matured policies and serve their clients.
Collaborations
Some of Lawrence's coworkers include Kathleen Schoos and Debra Cruz, who contribute to the collaborative environment at Metropolitan Life Insurance Company.
Conclusion
Lawrence Vranka's contributions to the insurance industry through his patents demonstrate his commitment to innovation and improving customer service. His work not only benefits beneficiaries but also enhances the overall efficiency of policy administration.