M Eric Riley, Sr

Title: M Eric Riley, Sr: Innovator in Parametric Analytics and Vehicle Telematics

Introduction

M Eric Riley, Sr. is a notable inventor based in Heyworth, Illinois. He has made significant contributions to the fields of parametric analytics and vehicle telematics, holding a total of three patents. His work focuses on utilizing advanced technologies to improve decision-making processes in various applications.

Latest Patents

One of his latest patents is a "Parametric engine to implement methods using parametric analytics." This invention describes systems and methods for performing analysis of parametric events. The method includes 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, and determining whether to offer updated coverage for the user based on a comparison of initial coverage and estimated loss.

Another significant patent is related to "Vehicle telematics systems and methods." This computing system includes a processor that builds a model using historical vehicle telematics data. The model predicts the operating cost of a vehicle based on vehicle type and user data, and it outputs operational parameters for operating the vehicle. The system is designed to enhance the efficiency of vehicle acquisition and operational management.

Career Highlights

M Eric Riley, Sr. is currently employed at State Farm Mutual Automobile Insurance Company, where he applies his innovative ideas to improve insurance solutions. His work at State Farm has allowed him to integrate his inventions into practical applications that benefit users and the company alike.

Collaborations

He collaborates with talented individuals such as Ryan Michael Gross and Joseph Robert Brannan, contributing to a dynamic work environment that fosters innovation and creativity.

Conclusion

M Eric Riley, Sr. is a distinguished inventor whose work in parametric analytics and vehicle telematics has the potential to transform industries. His patents reflect a commitment to leveraging technology for improved decision-making and operational efficiency.