Michael Cicilio Fresquez

Title: The Innovative Mind of Michael Cicilio Fresquez

Introduction

Michael Cicilio Fresquez, an accomplished inventor based in Cumming, GA, has made significant strides in the field of insurance technology. With two patents to his name, his work aims to streamline the process of identifying and settling total loss vehicle claims. His contributions reflect a commitment to enhancing efficiency and accuracy within the insurance industry.

Latest Patents

Fresquez's latest patents focus on a "Method and System for Early Identification and Settlement of Total Loss Claims." This innovative method involves retrieving a variety of historical vehicle records, labeling those records as either repaired or total loss, and calculating mean cost values. The process includes training a regression model and optimizing a probability threshold to analyze inputs that lead to accurate predictions. In addition, the computing system he developed comprises a transceiver, a processor, and memory that stores instructions to facilitate smooth operations. This allows the system to generate repair suggestions or settlement offers based on the predictions made regarding vehicle claims.

Career Highlights

Currently employed by State Farm Mutual Automobile Insurance Company, Fresquez leverages his expertise to advance insurance technologies that benefit consumers and the company alike. His patent contributions reflect a deep understanding of both technological and practical applications within the insurance sector, marking him as a notable figure in his field.

Collaborations

Throughout his career, Fresquez has collaborated with talented professionals like Carlee A. Clymer and Gary Foreman. These teamwork dynamics foster an environment where innovative ideas can flourish, ultimately leading to the development of new solutions in vehicle claims processing.

Conclusion

Michael Cicilio Fresquez stands out as an inventive professional whose work is making a significant impact on the vehicle insurance landscape. With his advanced methodologies and systems aimed at streamlining total loss claims, he exemplifies the essence of modern innovation. His contributions continue to pave the way for future advancements in the industry.