Company Filing History:
Years Active: 2019
Title: The Innovations of Mark Philip Shipman
Introduction
Mark Philip Shipman is an accomplished inventor based in West Hartford, Connecticut. He holds a patent that showcases his expertise in the field of data acquisition and insurance underwriting. His innovative approach has the potential to transform how insurance policies are evaluated and issued.
Latest Patents
Shipman's notable patent is titled "Computerized system and method for data acquisition and application of disparate data to two-stage Bayesian networks to generate centrally maintained portable driving score data." This method involves sending an electronic query from an insurance company to a central vehicle operator rating agency. The process includes receiving an electronic response that contains data reflecting the vehicle operating record of the vehicle operator. This record is a compilation of vehicle operation activities over a minimum of two years. The underwriter at the insurance company uses this data to determine whether to issue, renew, or adjust an insurance policy for the vehicle operator or their employer.
Career Highlights
Mark Philip Shipman is currently employed at Hartford Fire Insurance Company, where he applies his innovative ideas to improve insurance processes. His work focuses on integrating technology with traditional insurance practices to enhance efficiency and accuracy.
Collaborations
Shipman has collaborated with notable colleagues, including Steven P. Rippel and James T. Birchall. Their combined expertise contributes to the advancement of innovative solutions within the insurance industry.
Conclusion
Mark Philip Shipman's contributions to the field of insurance through his innovative patent demonstrate his commitment to improving data acquisition methods. His work not only benefits the insurance industry but also sets a precedent for future innovations in the field.